{"id":81636,"date":"2023-02-03T17:16:41","date_gmt":"2023-02-03T16:16:41","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/emefieles-cashless-policy-disastrous-shehu-sani"},"modified":"2023-02-03T18:48:46","modified_gmt":"2023-02-03T17:48:46","slug":"emefieles-cashless-policy-disastrous-shehu-sani","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani","title":{"rendered":"Emefiele\u2019s cashless policy disastrous \u2013 Shehu Sani"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Civil rights activist and former Senator representing Kaduna Senatorial District, Shehu Sani has described the cashless policy introduced by the Central Bank of Nigeria, CBN, governor, Godwin Emefiele as disastrous and poisonous.<\/p>\n

Sani was reacting amid hardship being experienced in withdrawal of money by bank customers leading to queues across the country.<\/p>\n

In a statement he issued on Friday and sent to DAILY POST, Sani wondered how public policy should be a catastrophe to people rather than being a succour.<\/p>\n

He said: \u201cThe redesigning of the National currency and the cash withdrawal policy introduced by Godwin Emefiele is an economic disaster and a poisonous idea aimed at unleashing hardships on the masses of Nigerians.<\/p>\n

\u201cIf the Buhari administration really wants to target the few corrupt, it doesn\u2019t have to wait this long and it doesn\u2019t have to impoverished punish the poor. Emefiele set a forest on fire in the name of catching a few rats.\u201d<\/p>\n

The ex-lawmaker posited that the apex bank has become a political institution, stating that as a developing nation, economic policies such as this would have taken the status of Nigerians into cognisance.<\/p>\n

\u201cThe CBN has become a political institution and a home for serpentine and delirious economic ideas.<\/p>\n

\u201cThe CBN under Emefiele has become a shrine for misery and a breeding ground for penury. It has become a republic within a republic,\u201d he said.<\/p>\n

He queried reasons Buhari allowed the policy at the twilight of his administration, particularly in 2019 when he recontested to stop vote buying.<\/p>\n

\u201cWhy didn\u2019t the Buhari administration introduce the change of currency in 2019 and waited until 2023 if the CBN policy is about curbing vote buying?<\/p>\n

\u201cNigeria has been turned into a vast refugee camp where people queue for cash ration. Nigerians have subjected to the multiple tragedies of struggling for money, searching for money, looking for money and scratching for money.<\/p>\n

\u201cNigerians used to buy Dollars at the black market, now they are also buying Naira at the black market.<\/p>\n

\u201cThe Ahmed Lawan led Senate has failed to checkmate the excesses and autocracy of the CBN because the leadership is in bed with it. The House of Reps have a clear and principled position on the matter\u201d, he concluded.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Civil rights activist and former Senator representing Kaduna Senatorial District, Shehu Sani has described the cashless policy introduced by the Central Bank of Nigeria, CBN, governor, Godwin Emefiele as disastrous and poisonous. Sani was reacting amid hardship being experienced in withdrawal of money by bank customers leading to queues across the country. […]<\/p>\n","protected":false},"author":84,"featured_media":81634,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,653,254,195],"class_list":["post-81636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-emefiele","tag-nigeria","tag-shehu-sani"],"yoast_head":"\nEmefiele\u2019s cashless policy disastrous \u2013 Shehu Sani - Nigeria<\/title>\n<meta name=\"description\" content=\"Civil rights activist and former Senator representing Kaduna Senatorial District, Shehu Sani has described the cashless ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emefiele\u2019s cashless policy disastrous \u2013 Shehu Sani\" \/>\n<meta property=\"og:description\" content=\"Civil rights activist and former Senator representing Kaduna Senatorial District, Shehu Sani has described the cashless ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T16:16:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-03T17:48:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/02\/postQueueImg_1675432006.32.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Emefiele\u2019s cashless policy disastrous \u2013 Shehu Sani\",\"datePublished\":\"2023-02-03T16:16:41+00:00\",\"dateModified\":\"2023-02-03T17:48:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/02\/postQueueImg_1675432006.32.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Emefiele\",\"Nigeria\",\"Shehu sani\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/emefieles-cashless-policy-disastrous-shehu-sani\",\"name\":\"Emefiele\u2019s cashless policy disastrous \u2013 Shehu Sani - 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