Redesigning the Naira as a diversion for election fraud — Anambra industrialists

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OPERATORS OF THE Osakwe Industrial Cluster, a conglomeration of Small and Medium Scale Industrialists in Awada near Onitsha, have described the recent redesign and circulation of the Naira as counterproductive to economic development, a coup against the masses, and a politically motivated distraction.

 

The small industry operators disclosed this through their president, Chief Johnson Okolo, while speaking to reporters at the Industrial Cluster yesterday about the damage the policy and its implementation have caused to their businesses and other businesses.

 

Chief Okolo stated that the #EndSARS protest would have been a farce compared to how Nigerians would have reacted to the result of the recently concluded presidential election if the Naira redesign and its deliberate poor circulation had not been used to disarm and divert the attention of the people from protesting election fraud.

 

According to Chief Okolo, “the people behind the Naira redesign and making the country cashless had the intention of manipulating the presidential election, and they knew what the outcome would have been if they had not come up with the Naira redesign and withdrawal of money in circulation in the counter, leaving the masses cashless and hungry in protest against the outcome of the presidential election.”

 

“The masses, who by now would have been on the streets in protest against the selection they called the election, are now struggling in the banks to collect N5,000 being given by banks to feed their families, they are powerless, frustrated, and hungry, and are now struggling in their respective banks to obtain a token of N5,000 cash to feed their families and resolve personal matters.

 

“For us, the redesign of the Naira is a coup against the masses; it was well-planned and executed to divert the attention of the masses who would have reacted more violently to the results of the recently concluded presidential election than they did during the #EndSARS protest in the country. Consequently, the government’s redesigned Naira was a sly ploy, and their plans were successful.

 

“I don’t think it has anything positive to do with the Nigerian economy besides serving their political and personal interests. If there is a redesign of the Naira, where is the new currency? Neither the new nor the old currency can be found anywhere.

 

“If you have no new Naira, where are the old ones? Why can’t a person write a check for N1,000,000,000 (one million naira) and cash it? You can’t cash a check for N100,000, old or new Naira, and you want us to believe that you have redesigned the Naira?” You have destroyed our businesses and left us hungry, ill, and disabled.”

(TNT)

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