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Home»Business/Economy/Banking & Finance»Currency swap: Group attributes deadline extension to Tinubu’s action
Business/Economy/Banking & Finance

Currency swap: Group attributes deadline extension to Tinubu’s action

NewsdeskBy NewsdeskJanuary 30, 2023Updated:January 30, 2023No Comments2 Mins Read
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The Arewa4Asiwaju, a North based support group, has attributed the sudden 10 days extension of the deadline for the swap of old Naira to what it called Asiwaju Bola Ahmed Tinubu’s sagacity and courage expressed in Abeokuta recently.

The Arewa for Asiwaju said in a statement by its North-Central Coordinator, Aliyu Musa Pass, that whether anyone wants to believe it or not, it is the courageous sagacity displayed by Tinubu that invariably saved the Nigerian commoner from suffering the pains of the initial timeline set by the Federal Government for the unpopular new currency swap.

“And by that singular action, Tinubu also saved the nation from going up in flames as consequence of the raging public anger that pervaded the atmosphere before the sudden 10 days extension.

“Tinubu, proving himself a great statesman,  in his now famous Abeokuta declaration, took the bold and necessary step of alerting on the dangers inherent in the new naira policy, its timing and deadline.

“Apparently rattled the President invited Asiwaju to Daura where the man stood his ground insisting the policy was unnecessary, unpopular and would only harm the common man and lead to greater conflict.

“It was this caurage and purposeful leadership shown by the Asiwaju that compelled the government to go back on its earlier “no going back stance”.

“The nation certainly owe Tinubu immense gratitude for stepping in and risking everything to save an obvious bad situation,” the Group said.

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