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Home | Why I Approved Naira Redesign – Buhari

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Why I Approved Naira Redesign – Buhari

Tapre Timine
Tapre Timine
Published: June 14, 2025
Last updated: June 14, 2025
1 Min Read
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Why I Approved Naira Redesign - Buhari | Daily Report Nigeria
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President Muhammadu Buhari has revealed part of his plan for approving the redesign of the Naira notes.

Buhari made this known on Thursday morning during a nationwide broadcast.

The president admitted he wanted to minimize the use of money during the political season.

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According to him, Nigerians should go out and vote for their preferred candidate during the February 25 elections.

He said:

“I wish to once more appeal for your understanding till we overcome this difficult transient phase within the shortest possible time.

“Fellow citizens, on the 25th of February, 2023 the nation would be electing a new President and National Assembly members.

“I am aware that this new monetary policy has also contributed immensely to the minimization of the influence of money in politics.

“This is a positive departure from the past and represents a bold legacy step by this administration, towards laying a strong foundation for free and fair elections.”

The President also sympathized with Nigerians over the hardship the implementation of the new policy has brought to the citizens.

VIDEO: ‘No Money, No Voting,’ Women Protest Naira Scarcity in Edo

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