News
Naira redesign: Kidnappers’ll demand ransom in foreign currencies – Sowore blasts CBN
By Adeleye Kunle
Omoyele Sowore, the African Action Congress presidential candidate, has said redesigning the naira would not reduce insecurity in the country.
Sowore said kidnappers would start demanding ransom in foreign currencies with the new policy of the Central Bank of Nigeria, CBN.
Speaking with Track News , the AAC presidential candidate also described the redesigning of the naira note as a senseless policy.
According to Sowore, the Governor of CBN, Godwin Emefiele, should resign.
Asked if the policy would reduce kidnapping and insecurity generally, Sowore said: “Of course no, kidnappers would merely switch to demanding foreign currency as most of the high profile ones already do now
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