Business

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

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. 

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.

Fakoyejo Olalekan

Recent Posts

Dwarfism Might Be A Blessing In Disguise

You grew up with dwarfism and no doubt people look at you peculiarly and even… Read More

4 hours ago

Ibom Deep Seaport: Can Akpabio Live Up To His Billing?

Senator Godswill Akpabio visited Uyo last weekend on his way to Ikot Ekpene to attend… Read More

4 hours ago

Customs Duty: Naira Depreciation Worsens As Exchange Rate Hits N1,441.53/$1

The recent increase in the exchange rate for customs duty collection to N1,441.53 to the… Read More

7 hours ago

Biden Honors Democratic Allies With Top Civilian Honor, Takes Jabs At Trump

US President Joe Biden awarded the Presidential Medal of Freedom to 19 individuals, including Democratic… Read More

7 hours ago

NGX: FBN Holdings, Others Emerge Top Gainer As Market Cap Grows By 1.46%

The Nigerian Exchange Group Plc (NGX) witnessed a rise in trading activity, with FBN Holdings… Read More

7 hours ago

Another View Of Press Freedom

As journalists and their audiences marked the World’s Press Freedom Day, May 3, several calls… Read More

7 hours ago

This website uses cookies.