• Home
  • About Us
  • Our Team
  • Privacy Policy
  • Cookie Policy (EU)
  • Terms and Conditions
Thursday, June 8, 2023
ELANHUB MEDIA
  • Home
  • News
    • Politics
    • Sports
    • World News
    • Opinion
  • Education
    • Lecture Notes
    • STUDY GUIDE
  • Entertainment
    • Celebrity Trends
    • Movies
    • Music
    • Short Stories
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Science
    • Covid Diary
    • COVID-19
  • Devotionals
    • Daily Manna
    • ESOCS Daily Devotional
    • Open Heaven
    • Rhapsody of Realities
No Result
View All Result
  • Home
  • News
    • Politics
    • Sports
    • World News
    • Opinion
  • Education
    • Lecture Notes
    • STUDY GUIDE
  • Entertainment
    • Celebrity Trends
    • Movies
    • Music
    • Short Stories
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Science
    • Covid Diary
    • COVID-19
  • Devotionals
    • Daily Manna
    • ESOCS Daily Devotional
    • Open Heaven
    • Rhapsody of Realities
No Result
View All Result
ELANHUB MEDIA
Home News Politics

IMPLEMENTATION OF NAIRA SWAP POLICY IS POLITICAL – WIKE

Stanley Uhegbu by Stanley Uhegbu
February 16, 2023
in Politics
0

Photo Credit: RSG

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Rivers State governor, Nyesom Ezenwo Wike has said the shoddy implementation of the naira swap policy by the Central Bank of Nigeria (CBN) is political and has worsen the living condition of the poor in society.

Governor Wike stressed that the essence of government and its agency such as CBN, is not to inflict hardship on the masses, but to cushion it.

He made this remarks during the official presentation of letter of nomination on the “award of Independent Man of the Year 2022,” on him by the management of Independent Newspapers, at the Government House, Port Harcourt, on Tuesday.

The Rivers State governor informed that Nigerians are suffering as a result of the tactless implementation of the naira swap policy, and urged government to urgently ameliorate the condition of the people.

“We are in a difficult situation now. It doesn’t matter what anybody may say. The truth must be told at all times. Nigerians are suffering now and as a people we owe that responsibility to cushion the level of hardship that Nigerians are facing, we are not to worsen the situation.”

Governor Wike said people are not necessarily opposed to the redesign of the N1000, N500 and N200 notes, but they are concerned about the implementation of the policy and the hardship it has inflicted on the masses.

“Nobody says, and let it be on record that there is nothing wrong with redesigning our naira. What we are saying is the implementation will not help, rather it will aggravate the condition that people face, particularly the poor people.”

He said those who insist that the naira swap policy will curb corruption and eliminate vote buying during the general election are not sincere. According to him, “the whole thing is been political, and that is not what it is supposed to be.”

Governor Wike, said it is regrettable the CBN has failed to emulate the global best practice in its implementation of the naira swap policy. He stressed that ideally the CBN should have allowed the old notes to be in circulation alongside the new notes for at least one year before it is completely phased out.

“You have also not made the new one available and then you have said we can’t collect the old one again. Now, you that even have money in the bank, you’re not allowed to even collect your money.”

The governor observed that those who are advocating that Nigerians should embrace internet banking have failed to take into cognisance the fact that vast majority of the citizens, particularly in the rural areas don’t have bank accounts.

Governor Wike charged the media not to be indifferent to the prevailing situation in the country because it has a vital role to play in the peoples’ quest for actualisation of a just and equitable nation.

Earlier, the Managing Director and Editor-in-Chief of Independent Newspapers, Steve Omanufeme, said governor Wike, was nominated for the award for his dogged fight for justice, equity and fairness.

“We are today to officially present the letter of your nomination as Independent Man of the year 2022. Everybody can see and know what you have done in Rivers State. But beyond that, we are giving this award because of your action which people misunderstood, especially your contribution to good governance, your dogged fight for justice, equity and fairness.

Omanufeme said governor Wike has become the voice of the voiceless in the country and expressed confidence that history will be fair to him.

He urged Nigerians to take the governor’s message to heart and work towards defending the country’s fledgling democracy.

“This award is to put it in history that you were there, you came and you conquered, and even tried to make us, we the spectators, believe in you. We pray we carry it on and tell Nigerians that the oppressed must be released from the shackles.
”

Kelvin Ebiri

Special Assistant on Media to the Rivers State governor.

February 14, 2023.

Share this:

  • Tweet
  • WhatsApp

Like this:

Like Loading...
Tags: #elanhub.netNyesom WikeRivers State
Previous Post

Old Naira Notes: Wike Reportedly Shuts Down Rumuokoro Market

Next Post

Rivers 2023: Keke Riders Association Endorse Magnus Abe

Stanley Uhegbu

Stanley Uhegbu

Next Post

Rivers 2023: Keke Riders Association Endorse Magnus Abe

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Rivers emerges 6th cleanest state in Nigeria

RIVERS STATE CIVIL SERVICE RECRUITMENT: A REFUTAL

April 20, 2023
Pastor Chris Oyakhilome is the writer of the daily devotional – Rhapsody of Realities. The daily devotional – Rhapsody of Realities is a Christian religious publication that contains spiritual reading and guidance for each calendar day

Rhapsody of Realities 30 May 2023: Knowing Who the Christian Is

May 29, 2023

Writing the Life and Times of My Father – Late Special Senior Apostle Sylvester Anele Njoku

January 15, 2022
Pastor Chris Oyakhilome is the writer of the daily devotional – Rhapsody of Realities. The daily devotional – Rhapsody of Realities is a Christian religious publication that contains spiritual reading and guidance for each calendar day

Rhapsody of Realities 24 May 2023: Advancing the Kingdom

May 23, 2023
How to Write a News Report – Part 1

How to Write a News Report – Part 2

497
Artwork for the Lecture Notes on the Rules of Language

LANGUAGE, MEANING & CULTURE (Part 2)

400
RVSG lauds media organisation for role in good governance

COVID-19: RVSG Charges Media Houses on Public Enlightenment

55
RSIEC seeks Media Partnership ahead of LG Polls

RSIEC Releases Timetable And Website For Recruitment of Adhoc Staff

29

Rivers Assembly Speaker Assures Assembly Workers of Better Days Ahead

June 8, 2023

RELIEF FOR FLOOD VICTIMS: NEMA CONDUCTS ENUMERATION IN ASALGA AS HON. GEORGE TASKS AGENCY TO BROADEN GIVEAWAY MATERIALS

June 8, 2023

HYPREP To Provide Potable Water To 52 Rivers Communities

June 7, 2023
Daily Manna is a Christian religious publication that contains spiritual reading and guidance for each calendar day. In addition, the Daily Manna is the official daily devotional for the Deeper Life Bible Church (DCLM). DCLM is one of the largest churches in Nigeria.

DCLM Daily Manna 2023: DCLM Daily Manna 8 June 2023: Can You Withstand This?

June 7, 2023

Recent News

Rivers Assembly Speaker Assures Assembly Workers of Better Days Ahead

June 8, 2023

RELIEF FOR FLOOD VICTIMS: NEMA CONDUCTS ENUMERATION IN ASALGA AS HON. GEORGE TASKS AGENCY TO BROADEN GIVEAWAY MATERIALS

June 8, 2023

HYPREP To Provide Potable Water To 52 Rivers Communities

June 7, 2023
Daily Manna is a Christian religious publication that contains spiritual reading and guidance for each calendar day. In addition, the Daily Manna is the official daily devotional for the Deeper Life Bible Church (DCLM). DCLM is one of the largest churches in Nigeria.

DCLM Daily Manna 2023: DCLM Daily Manna 8 June 2023: Can You Withstand This?

June 7, 2023
  • Home
  • About Us
  • Our Team
  • Privacy Policy
  • Cookie Policy (EU)
  • Terms and Conditions
Follow Us on Socials

© 2023 Elanhub - Designed and Developed by Elanhub Media.

No Result
View All Result
  • Home
  • News
    • Politics
    • Sports
    • World News
    • Opinion
  • Education
    • Lecture Notes
    • STUDY GUIDE
  • Entertainment
    • Celebrity Trends
    • Movies
    • Music
    • Short Stories
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Science
    • Covid Diary
    • COVID-19
  • Devotionals
    • Daily Manna
    • ESOCS Daily Devotional
    • Open Heaven
    • Rhapsody of Realities

© 2023 Elanhub - Designed and Developed by Elanhub Media.

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
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
%d bloggers like this: