I’m Aware Of Current Hardship – Buhari Speaks On His Crisis-Induced Policies

February 20, 2023
Failure To Scrap Fuel Subsidy, Cash Shortage Major Fiscal Risk To Nigeria’s Economy - FocusEconomics

President Muhammadu Buhari said he is aware that his policies have caused hardship for Nigerians and his administration is working on appropriate measures to ease the suffering.

Buhari, in a video recording sent from Addis Ababa, Ethiopia, on Sunday, to support Bola Tinubu, explained that his policies are meant to bring overall improvement to the country. 

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Tinubu is the flagbearer of the All Progressives Congress (APC) in the Presidential election scheduled for Saturday, February 25, 2023. 

Although both Buhari and Tinubu are party members, they have been at loggerheads over the Naira redesign policy of the Central Bank of Nigeria (CBN). 

Tinubu had accused Buhari and the CBN of trying to truncate his chances at the Presidential election due to the crisis caused by the Naira redesign.

Nigerians have been protesting against the Naira redesign which has caused scarcity of the country’s currencies. Banks and Auto Teller Machines (ATMs) have been destroyed in protest against the banks and the APC. 

Addressing the situation, Buhari said: “I want to once again assure you that I am fully aware of the current hardship you are facing as a result of some policies of the government which are meant to bring overall improvement to the country. 

“I am appealing to you to exercise further patience as we take appropriate measures to ease these hardships. God willing, there will be light at the end of the tunnel.” 

Four weeks ago, Prime Business Africa reported that Tinubu described the fuel scarcity and Naira redesign crisis as a ploy to block his chances in the Presidential election.

The former Lagos State governor said the fuel and Naira scarcity has been created to prevent the election from being held.

The Speaker of the House of Representatives, Femi Gbajabiamila, also supported his claim four days ago, stating that nobody can convince him that it is not a plot to stop Asiwaju from becoming the president of Nigeria.

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