• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Monday, July 14, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

Naira Redesign Won’t Fight Corruption, Only Make People Suffer, Says Wike

Elanza by Elanza
February 3, 2023
in Business
0
0
SHARES
0
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Governor of Rivers State, Nyesom Wike, has weighed in on the nationwide scarcity of the redesigned N200, N500 and N1,000 banknotes, telling President Muhammadu Buhari that the policy will not fight corruption.

Buhari has repeatedly defended the swift introduction of the new notes by the Central Bank of Nigeria (CBN) and phaseout of the old notes in a span of weeks.

RelatedPosts

Air Peace Set to Launch Direct Flights to Brazil

UBA, Ecobank Lead Nigeria’s Stock Market Rally in One Week

NNPCL Aims for Stock Exchange Listing by 2028

Amid the hardships brought on by the policy which took effect in December 2022 with the unveiling of the new notes, the policy continues to enjoy the support of the President.

The government argues that the CBN directive is aimed at hoarders of illicit funds and corrupt politicians in the buildup to the general elections scheduled for February 25 and March 11.

Wike however derided the implementation on Friday while giving an address at the Peoples Democratic Party (PDP) campaign rally in Okrika Local Government Area (LGA), Rivers State.

“Mr President, I know the pressure. But please, since two of us are going at the same time, this policy has nothing to [do with trying to] fight corruption at all. It has nothing to [do with trying to] fighting politicians at all,” he said.

“The policy aims to suffer the people who elected us to govern over them (sic). Our business is not to make the people suffer. We all know how to fight corruption; we all know how to fight politicians. This particular one does not come in at all.”

ALSO READ:  APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste
Elanza

Elanza

Related Posts

Air Peace Set to Launch Direct Flights to Brazil

Air Peace Set to Launch Direct Flights to Brazil

by Nathaniel Irobi
July 14, 2025
0

The Nigerian federal government has given the green light for Air Peace, the nation's leading airline, to commence direct flights...

UBA, Ecobank Lead Nigeria’s Stock Market Rally in One Week

UBA, Ecobank Lead Nigeria’s Stock Market Rally in One Week

by Nathaniel Irobi
July 13, 2025
0

As domestic stock market extended its positive momentum, closing higher for the seventh consecutive week, six listed Tier-1 banks added...

NNPC Ltd Refutes Viral Claims of Contaminated Fuel Sold in Bottles and Jerrycans

NNPCL Aims for Stock Exchange Listing by 2028

by Nathaniel Irobi
July 12, 2025
0

Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has announced plans for the...

Recommended

Women will lead Africa’s $29trn economic transformation — Shettima

The Impeachment Plot: Shettima’s Battle with Jonathan

3 days ago
Supreme Court Confirms Okpebholo’s Election as Governor of Edo State

Sokoto Gov. Aliyu Congratulates Opkepholo Over Edo Guber Supreme Court Victory

3 days ago

Popular News

  • CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    0 shares
    Share 0 Tweet 0
  • Bwari Council Chairmanship Aspirant, Dara, Dumps Labour Party Over Suspected Foul Play In Primaries

    0 shares
    Share 0 Tweet 0
  • Innoson, Ibeto, Apostle Alozie To Honour Archbishop Emma David At Golden Jubilee Celebration

    0 shares
    Share 0 Tweet 0
  • Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    0 shares
    Share 0 Tweet 0
  • Bannon Tried to Use Iran Strike to Split the GOP Says Former Counselor to Jared Kushner, Eliyahu Okkon, Esq.

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (740)
  • Education (217)
  • Entertainment (310)
  • Health (193)
  • National (2,176)
  • News (8,167)
  • Opinion (300)
  • Politics (1,626)
  • Science (15)
  • Security (405)
  • Sports (438)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform