CBN’s Redesign of Naira Will Spell Doom For Nigeria – Pastor Giwa

Posted by Thandiubani on Wed 02nd Nov, 2022 - tori.ng

According to Giwa, with the economic situation Nigerians are battling with, the redesign of the Naira notes should be the least on the table.

The Senior Pastor in charge of the Awaiting The Second Coming Of Christ Ministry, Adewale Giwa has reacted to the Central Bank of Nigeria's plan to redesign Naira notes.

Giwa said the plan will set the country backwards.

According to Giwa, with the economic situation Nigerians are battling with, the redesign of the Naira notes should be the least on the table.

While describing the move as evil, the Pastor maintained that the lower denominations should be strengthened in order to have strong purchasing power.

“If the CBN should be allowed to go ahead with the proposed redesign of Naira notes, Nigeria will turn to another biblical Samaria where they were eating human flesh because it will finally cripple our economy.

“I don’t know why such a move should be discussed when Nigerians are currently going through hardship that has never happened even during the military era.

“When you look at America, the least currency is cents. Up till tomorrow, America is still spending its cent. If you want to buy something in a store, they have to give you a change, they use that cent as change.

“So, why can’t we go back to our N1, N5? This will go a long way to strengthen our economy. These are the things the CBN should introduce, not to set the country backwards again.

“What happened to the huge sums of money the EFCC discovered in the Ikoyi apartment? How did the current government spend late Sani Abacha loot and other monies they recovered? They squandered everything.

“Under this government, monkeys, snakes, termites had swallowed millions of dollars in Nigeria. This proposed redesign of Naira notes will finally cripple Nigeria. They are planning to turn Nigeria to the biblical City of Samaria where Cannibalism was practiced.

“Nigeria will be under siege if they allow President Muhammadu Buhari and the CBN to carry out the evil assignment to redesign Naira notes. America still spends her penny today.

“Let’s go back to our one naira and five naira notes. Let’s do it in such a way that when we enter markets today, we will be able to use the old currencies to buy things,” he said.