Sultan Speaks on Naira Redesign Policy, Says it Has Brought Anger, Suffering

The Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar, has expressed displeasure over the naira redesign policy of the Central Bank of Nigeria (CBN).

According to the monarch, the naira redesign led to the new naira scarcity, which has caused pain, suffering and anger in the country.

Abubakar stated this in Abuja on Monday at a two-day conference organised by the Kano State government on livestock reforms and mitigation of associated conflicts.

The Sultan stated further that the naira redesign has made life unbearable for Nigerians and caused chaos in some parts of the country, stating that urgent steps should be taken to address the naira crisis.

He said: “Let’s keep politics aside. The issues of development, especially for the common man should be prioritised.

“These people that God Almighty gave leadership over, one day, God forbid, will rise (against us).

“After all the English by professors (at the conference), how do we get these developments down to the common man who is a farmer, the common Fulani man who doesn’t know anything about development? He only cares about cattle. 

“The people are hungry – is there money? People are angry and hungry. Let’s see how we can douse the tension.”

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