Nigerians have been urged to see the Central Bank of Nigeria (CBN)\u2019s new monetary policy from a positive side and accept it in good faith.<\/p>\n\n\n\n
The Youth Advocacy for Peace and Social Justices Centre for Sustainable Development (YAPASJCSD), an NGO, gave the advice in a statement on Monday in Kaduna.<\/p>\n\n\n\n
National President of the centre, Mr Emmanuel Yatai, expressed optimism that the new policy would set the country on the path of sustainable development.<\/p>\n\n\n\n
Yatai described the CBN monetary policies as \u201ctimely\u201d as the measures would curb financial related crimes, address artificial scarcity of Nigeria\u2019s currency, ensure adequate circulation, and stimulate economic growth.<\/p>\n\n\n\n
According to him, the development will lead to increased demand for the naira, which will increase its value, particularly with the ongoing campaigns towards the 2023 General Elections.<\/p>\n\n\n\n
\u201cThis is the time that money will be needed to print materials for campaigns, such as face caps, T-Shirts, and also other logistics such as transportation for campaigns.<\/p>\n\n\n\n
\u201cWith the high exchange rate of naira against the U.S. dollar, no politician will afford to continue spending in dollars.<\/p>\n\n\n\n
\u201cTherefore, directly, or indirectly the naira will appreciate against the U.S. dollar in the next 90 days because it will be highly sought for everywhere by politicians, businessmen and women.<\/p>\n\n\n\n
\u201cThis measure will make things easier for the incoming government and strengthen the nation\u2019s cashless economy. Please let\u2019s support the new financial policy.<\/p>\n\n\n\n
Yatai also advised politicians to concentrate on issue-based campaigns, and urged them to shun the old-fashioned campaign of calumny and blackmail that had yielded nothing good.<\/p>\n\n\n\n
\u201cNigerians have suffered enough, what we need now is good leadership devoid of religion, ethnicity, and self-centeredness, to bring the country out of the woods.<\/p>\n\n\n\n
\u201cWe need a leader that will unify the country, provide security, and job opportunities to the teaming unemployed youths and strengthen the nation\u2019s economy.<\/p>\n\n\n\n
\u201cThe 2023 General Elections present another opportunity for Nigerians to make hard choices, choices that will either move the country forward or backward.<\/p>\n\n\n\n
\u201cThe choice is ours; it is left for us to to make wise decisions,\u201d he said.<\/p>\n\n\n
Nigerians have been urged to see the Central Bank of Nigeria (CBN)\u2019s new monetary policy from a positive side and accept it in good faith. The Youth Advocacy for Peace and Social Justices Centre for Sustainable Development (YAPASJCSD), an NGO, gave the advice in a statement on Monday in Kaduna. National President of the centre, […]<\/p>\n","protected":false},"author":2,"featured_media":47128,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1366,949],"tags":[185],"class_list":["post-47127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","tag-cbn","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"\n