Vote Buying: MINT Staff Accuses Presidential Candidate  Of Mopping Up New Naira Notes

NAIRA NOTES-NEWS

LAGOS FEBRUARY 14TH (NEWSRANGERS)-A presidential candidate for the February 25 presidential election has been slammed for allegedly mopping up the scarce new naira notes and sharing to his supporters with a plan to induce voters during elections.

Calling on voters to resist vote buying,  top official of the Nigerian Security Printing And Minting (NSPM) told News Express exclusively that that a certain presidential candidate shared N300,000.00 to each of his supporters at a rally in Kogi state, maintaining that the cash was the new naira notes.

The source who pleaded anonymity queried; “where did he get the new cash from?”. He also asked; “Why is he sharing large amount of cash to his supporters at a rally when poor Nigerians cannot collect their money from the banks. The source further revealed that the presidential candidate is conniving with some unscrupulous bank managers to undermine the effort of the Governor of Central Bank, Godwin Emefiele at successful implementation of the cashless policy. He made the disclosure during a telephone conversation.

According to the source, some mangers of commercial banks are on a mission to frustrate the implementation of the redesigned naira notes. The said they are in connivance with some politicians to make the new notes scarce thereby inflicting pains on Nigerians.

The source, who has over 41 years’ experience in currency (banknotes) production, went on to accuse the bank managers of double standards, saying they are not patriotic Nigerians to have watched poor bank customers to wait endlessly for the new notes. The source, a banknote production expert who has has served many heads of state, starting with President Ibrahim Babangida, accused owners of the commercial banks also. He further accused the bank owners of conniving with politicians to hoard the new naira notes. The MINT insider said they are toying with the lives of Nigerians. He added that the MINT factories in Abuja and Lagos have been functioning optimally without setbacks. “We have more than enough new naira notes in the banks for Nigerians. But I can tell you authoritatively that the managers of those banks frustrating the good intentions of the CBN”, the source stated. “This is the best monetary policy we have had in recent time “, he continued.

The source added that the media and security agencies should cooperate with the federal government in the efforts to implement the policy. He said the time was right for Nigeria move to the next level of progress and development should the policy be fully implemented. He urged Nigerians to view the situation with endurance saying that the hardships occasioned by the new naira notes change would not last. He also charged Nigerians to hold certain politicians accountable for the hardship faced across the country stressing they were planning vote trading with the new naira notes that they had made scarce, with the aim of rubbishing the general elections.

On the noticeable errors on the features of the redesigned naira notes, he said it is technical errors that are bound to occur, adding it is being addressed. “Necessary correction are being made”, he stated.

He said it was not because the production was done in a hurry, contrary to speculations.  Rather, he said there was strict compliance to best practices emphasising that the MINT has capacity to produce quality or standard notes.

News Express

 

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Posted by on Feb 14 2023. Filed under Business, National. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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