Book Reveals EFCC Behind Naira Redesign Crisis

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A new biography of former President Buhari, From Soldier to Statesman, claims the Economic and Financial Crimes Commission, under then-chair Abdulrasheed Bawa, initiated the controversial 2022 naira redesign to curb vote buying ahead of the 2023 elections.

The policy, implemented by the CBN, triggered a severe cash shortage and widespread hardship, despite official claims it aimed to promote a cashless economy and combat illicit activities.

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