Politicians most affected by Naira redesign policy –Ozekhome

Mike Ozekhome, a Senior Advocate of Nigeria says the people who would be most hit by the Central Bank of Nigeria (CBN) Naira redesign policy are the politicians, and not the masses.

Speaking on TV’s “The 2023 Verdict”, the legal luminary said politicians are using the ordinary man and woman as surrogates to protest and barricade roads so as to show how bad the policy is because they no longer have access to cheap money.

According to Ozekhome: “It affects politicians and vote buyers more than ordinary citizens.

“Because a voter usually registers near his or her home—in some isolated cases, they have registered at a location far from their homes.

 “But the people that would be most hit by this policy are the politicians— at times using the ordinary man and woman as surrogates to protest and barricade roads so as to show how bad the policy is because they no longer have access to cheap money.”

Noting that banks are owned by most politicians, the senior advocate lamented that the country has been “captured by known non-state actors, by the elites.

“There are some individuals that are now richer than Nigeria on our N21 trillion budget,” he added.