Naira Redesign: Oshiomhole Accuses CBN Of Deceiving Buhari

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A Former Governor of Edo State Adams Oshiomhole has accused the Central Bank of Nigeria (CBN) of deceiving President Muhammadu Buhari over the redesign of the naira notes.

Oshiomhole made the accusation when he appeared on Channels Television’s election programme The 2023 Verdict on Sunday.

He faulted the policy, describing it as senseless and a plot by the apex bank to scuttle the general elections.

According to him, the bank sold an anti-corruption motive to the President which made him approve the policy.

He claimed that the CBN sold to the President that a redesigning of the naira notes would curb vote buying and thus catch corrupt politicians off guard.

According to him, the move was meant to cause unrest, shift the government’s attention and ultimately make the ruling All Progressives Congress (APC) lose the elections.

Recall that President Buhari last year approved the redesign of the N1,000, N500, and N200 notes.

The move, has, however, created hardship among Nigerians who battle to lay hands on the new notes as the February 10th deadline for the currency swap approaches.

The CBN has however maintained it won’t extend the deadline.

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