September 19, 2024

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Naira Redesign Policy Responsible For Reduction In Kidnapping Cases-Malami

Naira Redesign Policy Responsible For Reduction In Kidnapping Cases-Malami

Attorney General of the Federation and Minister of Justice , Abubakar Malami SAN,  has submitted that the introduction of naira redesign policy by  the Central Bank of Nigeria (CBN)  has  helped to reduce kidnapping cases in the country.

 Team@orientactualmags.com learned  Malami, who  said this  during  an interview with Radio Nigeria Kaduna on Friday, added that  there were positive sides of the policy which  had  not been considered.

 ‘I told you the case is still in court, we will obey the court order but we also have  the right to explain to court the positive sides of the policy.

If you see the negative side of it, you have to see the positive sides. If these governors have told the court the hardships been experienced as a result of the policy, there are also some problems that the policy is solving.

I gave you example of insecurity. Immediately this policy was introduced, the rampant kidnapping has drastically reduced. It also reduced rate of corruption, therefore we have right to go and explain to court these positive sides.

The court gave order without listening to government side but it fixed 15 February to hear from the government.

Everybody knows part of the reasons Nigerians elected President Muhammadu Buhari is to fight corruption, insecurity and boost economy. The policy was introduced considering these and we will ask court to look at both sides of it’ he said – Team@orientactualmags.com
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