The presidential candidates of the Young Progressives Party (YPP), Malik Ado-Ibrahim and his Social Democratic Party counterpart, Adewole Adebayo, have berated the Central Bank of Nigeria (CBN) and the Federal Government over the naira redesign policy and its implementation.
The presidential hopefuls were guests on Channels Television’s Sunday Politics wondered why President Muhammadu Buhari and the CBN Governor, Godwin Emefiele failed to carry the Minister of Finance, Budget and National Planning, Zainab Ahmed along in its fiscal and monetary policies.
“We don’t see the minister of finance. It looks like a one-man deal or one-man trade between the CBN governor and his boss, the President of the Federal Republic of Nigeria. Where is the minister?
“Fiscal and Monetary Policy Committee should be sitting with the President giving the country confidence, we are not seeing that. And there seems to be an internal battle between those two organisations and the minister of finance is the boss of the CBN governor,” Ado-Ibrahim said.
The YPP candidate described the policy as a great idea but a badly executed one, saying that it looks too political and this does not give confidence to the people
