Headline Law NASS National News Nigeria

Ado-Doguwa speaks on new notes swap

The House of Representatives Ad-hoc Committee on New naira re-design and naira swap policy has met with President Muhammadu Buhari.

The lawmakers met with the president hours after his nationwide broadcast on Thursday morning.

The chairman of the committee Alhassan Ado-Doguwa, in a statement after the meeting, appreciated some of the good decisions by the President as contained in his national broadcast.

He however insisted that a lot must be done to mitigate the suffering of the masses.

” The steps taken so far by Mr President leave much to be desired. The policy is at this time very unpopular and is capable of creating a crisis in the country that could jeopardize the upcoming general elections.

“Mr President may of course had good intentions in using the policy to tackle insecurity, reduce corruption and engender the global best practice in fiscal policy management but unfortunately due to wrong timing, and the work of some criminal elements in both the CBN and the commercial banks, Nigerians are left suffering,” the panel said.

Ado-Doguwa urged Nigerians to be calm and maintain law and order.

The lawmaker said the parliament would continue to support the masses by exploring available opportunities to make sure that government does only what is right and in the overall interest of the people.

Writing by Ibrahim Shehu; Editing by Oluwaseyi Ajibade & Adeniyi Bakare