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Naira redesign your best legacy, tackle insecurity – Group to Buhari

The Conference of Nigerians for Peace and Good Governance (CONPAGG) has said that the redesign of Naira notes is the best legacy President Muhammadu Buhari would bequeath to the country.

The group, however, called on Buhari to follow the Naira redesign by restructuring the security architecture of the country, advising him to replace, with immediate effect, the National Security Adviser, NSA Babagana Monguno, and other service chiefs.

The call was contained in a statement signed by the group’s National Coordinator, Dr Gbenga Olusegun and Director of Women Empowerment, Dr Mrs Zainab Maikanti.

Recall that CBN governor, Godwin Emefiele, had announced the redesigning of Naira, which will affect N200, N500 and N1000 denominations.

Emefiele said the new policy would take effect from December this year.

However, CONPAGG has come out to say that the goal of redesigning the Naira would be defeated if the nation’s security sector is not rejigged and manned by capable hands ahead of the 2023 general elections.

Part of the statement read: “This landmark step (Naira redesign) will no doubt help to reduce inflation, currency counterfeiting and excess cash in the hand of desperate and criminal politicians who had stockpiled cash to rig the 2023 general election.

“However, we wish to raise a serious major red flag which is the issue of insecurity and terrorism in the country. If this is not addressed within days, the entire intent and purpose of the Naira redesign would have been defeated; particularly as it affects the 2023 general election.

“The president must, therefore, compliment the new economic policy with the immediate sack of the National Security Adviser, NSA Babagana Monguno and all the service chiefs as well as heads of other security agencies.”

The group further added that the total overhaul of the security and economic policy, ahead of the next year’s general elections, would help stabilize the country before the president leaves office.

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