Former governor of Bayelsa State and senator representing Bayelsa West, Seriake Dickson, has said the timing of the currency redesign by the Central Bank of Nigeria is wrong.
That is, he hoped that politics would not distract the nation from having a successful election.
The CBN Governor, Godwin Emefiele, announced in October 2022 that the N200, N500 and N1000 notes would be redesigned, adding that the new design would be effective from mid-December 2022.
However, he said the existing currencies would retain legal tender and circulate together until January 31, 2023, when it would cease to be legal tender.
But Dickson believed that the CBN should implement the policy under a new administration.
He stated that the consequences of this action would be well managed by another administration, because the current one was coming to an end.
The senator spoke at an interaction program at the Rotary Club of Maitama, Abuja on Wednesday in Abuja.
He said, “To me the timing of the policy is a problem, no matter how well-intentioned it is. I feel that it comes at the twilight of an administration of almost eight years. I think that a major policy major like this should be left to the next administration to manage and fix the consequences. Let’s confuse and upset the citizens. Let’s hope they don’t distract us from conducting the national elections in a fair and peaceful way.”
On the upcoming elections, the lawmaker said, “I call on Nigerians not to be divided along religious and ethnic lines. Political leaders must remember the need to preserve peace and unity in our country as we conduct our campaigns.
“When they disagree, political actors should do it without being unpleasant, we should realize that every word and action has consequences and consequences. I condemn all uncivil comments, or attacking candidates, no one should be justified in doing so. No one should justify comments that are capable of causing a crisis in the country.”