Tinubu May Lose 2023 Presidential Election Because Of CBN’s Cashless Policy — APC Itse Sagay Warns

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Itse Sagay has warned that Tinubu may not win the 2023 presidential election because of the CBN cashless withdrawal policy.

 

 

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Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay (SAN), on Sunday came down hard on the Central Bank of Nigeria (CBN) for trying to force the cashless policy on Ni­gerians.

 

Speaking exclusively with Ejesgist.ng, Sagay, who backed the calls for the extension of the January 31 withdrawal date of the old notes, said most automated teller machines (ATM) are still dispensing the old notes while the new ones are not fully in circulation.

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READ ALSO: BREAKING: APC Suspends Tinubu’s Presidential Campaign Rally In Kwara

 

Describing CBN’s governor, Godwin Emefiele’s statement that there is no going back on the policy as brutish, un­civilised and barbaric, Sagay warned that the policy can create an economic disaster for Nigeria if not urgently ad­dressed.

 

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Sagay particularly said the policy which is unpopular with many Nigerians may affect the fortunes of the ruling All Pro­gressives Congress (APC) in the 2023 general elections.

 

He said, “I am even angry that this government allows him to do that because it will make the APC unpopular. This hardship is being created under an APC government and election is just around the corner.

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READ ALSO: BREAKING: FG Stops Cash Withdrawals From Public Accounts

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“I think Emefiele may be a mole from another party trying to create hatred for the APC. I don’t understand why he should bring this policy at this time when we are just few days to the general election.

 

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“I don’t understand why this government should accept such a recommendation which is most unfavourable to them and their political chances in the forthcoming elections. For me, the whole thing is a disaster”.

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