Connect with us

Business

Naira Redesign Policy Will End Corruption, Economic Crises, Insecurity In Nigeria – Emefiele

Published

on

GodwinEmefieleVerseNewsNG2
CBN Governor, Godwin Emefiele

The Central Bank of Nigeria (CBN) have assures Nigerians that the benefits of Naira redesign policy is overwhelming as it targets to solve the problems of corruption and illicit financial frauds, economic crises and reduces the level of insecurity in Nigeria.

VerseNews reports that the CBN Governor, Godwin Emefiele outlined these benefits while speaking to the Statehouse Correspondents at Abuja.

Emefiele appeared to Nigerians to allow the policy to work assuring them that the temporal pains they are experiencing toady is nothing compared to the long run benefits to come.

He said; “We are all servants, we are servining Nigeri. As far as am concerned, the honorable of attoney of Federation has spoken about this matter and the president has sealed the whole of the issues this morning in his broadcast”

Advertisement

ALSO: CBN Discloses Benefits Of Currency Redesign Policy

“I appeal to Nigerians to allow the Naira redesign policy to work. The policy will solve the problem of corruption and illicit financial frauds; it will resolve some of the problems in the economy and will also reduce the level of insecurity in the country.”

“These three issues which are the tripod of this administration policy are all embedded in this policy and we should just allow it to work. We keep saying this there are some temporary pains but I can assure Nigerians and the long run benefits is overwhelming and we should just give it the chance to work.”

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

man proposes man proposes
Entertainment15 hours ago

Romantic Proposal Ends in Heartbreak as Man Crashes with Girlfriend’s Sugar Daddy (Video)

A public proposal meant to be romantic turned chaotic after a man alleged to be the woman’s sugar daddy stormed...

mohbad's father mohbad's father
Entertainment16 hours ago

‘Why Mohbad Hasn’t Been Buried Yet’: Father Reveals Reasons for Delay, Burial Plans

Joseph Aloba, father of late singer Mohbad, has revealed that the singer will be buried immediately after...

cert exp cert exp
Politics17 hours ago

PDP Issues Expulsion Certificates to Wike, Fayose and Others

The Peoples Democratic Party (PDP) has formally issued expulsion certificates to Nyesom Wike, Ayodele Fayose, and other members expelled.

DSTV DSTV
News17 hours ago

DStv Subscribers to Lose CNN, Cartoon Network, TNT Africa, Discovery Channel, 7 Other Channels (Full List)

MultiChoice has warned subscribers that 12 Warner Bros. Discovery channels—such as CNN, Discovery Channel and Cartoon Network—could be pulled off...

Kadoso CBN Kadoso CBN
Business17 hours ago

BREAKING: CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

The Central Bank of Nigeria has scrapped its cash deposit limit and increased the weekly cash withdrawal ceiling to N500,000...

2baba annie natasha 2baba annie natasha
Entertainment18 hours ago

Annie Idibia Finally Breaks Silence Amid 2Baba–Natasha Marriage Crises

Amid the ongoing clash between 2Baba and his wife Natasha, Annie Idibia has subtly responded—not with words, but with serene...

TOE 05 TOE 05
Entertainment19 hours ago

‘Why I Cancelled My 2025 All-White Christmas Party’ — Tony Elumelu

Nigerian billionaire Tony Elumelu has cancelled his famous All-White Christmas Party following a deadly fire in Lagos that claimed several...

Otti and Tinubu Otti and Tinubu
Politics20 hours ago

Alex Otti Presses Tinubu, Vows to Persist Until Nnamdi Kanu Regains His Freedom

President Bola Tinubu and Abia Governor Alex Otti met in Abuja on Tuesday to advance ongoing efforts aimed at securing...

General Irabor 1 General Irabor 1
Politics20 hours ago

Ex-Chief of Defence Reveals Nigerian Politicians Funding Terrorism, Exploiting Insecurity for Political Gain

Former Chief of Defence Staff Lucky Irabor says certain political actors are backing terror groups and manipulating insecurity to advance...

us congress 0 us congress 0
Politics22 hours ago

US Congress Urged to Pressure Tinubu to Declare Sharia Law Unconstitutional, Disband Hisbah Commissions

At a US congressional briefing, CFR’s Dr. Ebenezer Obadare urged tougher pressure on Nigeria, removal of Sharia-enforcement bodies, and stronger...

Advertisement