According to Minister of Labor and Employment Chris Ngige, the Central Bank of Nigeria’s (CBN) naira redesign programme has reduced Nigeria’s insecurity issues.
The minister claimed that the aforementioned strategy gave Nigerians sound benefits on Wednesday during his participation on Channels Television’s Politics Today programme.
Ngige agreed that the strategy hurt Nigerians, nevertheless, because the implementation was not done well enough.
His words: “The policy is not smooth in its implementation. I admitted that. But whether it is a good policy? Yes, it is a good policy.
“It wasn’t smooth; it came with some pain but overall, did we get some sound benefits from it? Yes, we did: people didn’t buy votes on the line (queue) during the elections.
“I used to go for elections and I know what I see. There was no cash exchange for votes. It wasn’t easy anymore. Kidnappers are on break, they are strike so to say or recess. Bandits, they have also gone on holidays.”
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