CBN withdrawal policy: APC Government has run out of ideas, deceiving gullible Nigerians

Dumebi Kachikwu, presidential candidate of the African Democratic Congress (ADC), has accused the All Progressives Congress (APC) led Federal Government of deceiving the public as they have run out of ideas.

The apex bank had set a new withdrawal limit which is to take effect, January 9

Reacting to the CBN policy in a statement on Thursday, Kachikwu said it was clear the APC government had run out of options on how to save the country’s economy, insisting that the new policy was a hoax on Nigerians

ApC said; “The Nigerian economy has collapsed and instead of admitting that they have ran out of solutions, they continue to deceive the gullible public.

“I have always maintained that the redesign of the naira was a gimmick meant to cover up the collapse of the naira. They are deceiving Nigerians that it is about elections and most Nigerians are buying it but it is not true.

“Nigerians should study what happened in Lebanon, Greece, Zimbabwe and Venezuela and understand how failed governments restrict cash withdrawals to slow down the collapse of the economy. This is the same thing the APC government is doing