Economy And Business

Catholic Bishops Decry Naira Scarcity, Beg Buhari To Review CBN Policy

Catholic Bishops have decried Naira Scarcity and urged President Buhari to review CBN Policy.

 

NewsOnline reports that Lucius Ugorji, president of the Catholic Bishops Conference of Nigeria (CBCN) on Sunday urged President Muhammadu Buhari’s administration to review the new CBN cash policy to ease Nigerians’ hardships.

Mt Ugorji made the appeal at the opening of the 2023 First Plenary of CBCN held at the Catholic Secretariat in Abuja.

 

ALSO: 2023: Governor El-Rufai Lambasts President Buhari Leadership In Fresh Outburst

 

While expressing sadness over the situation, Mr Ugorji said the policy had resulted into debilitating cash crunch and frustration among Nigerians.

 

The CBCN president advised politicians to stop engaging in mudslinging, acrimony, arson, buying and selling of votes, threats, intimidation and violence ahead of the general elections.

 

Mr Ugorji said instead of dissipating energy on negativity, those aspiring for political offices should concentrate on marketing their manifestoes.

 

He also advised the Independent National Electoral Commission (INEC) and security agencies to be above board and ensure that the election process is beyond reproach.

 

“The elections, if well conducted, can be a turning point in our political and economic history. We, therefore, urge all to play their roles maturely and creditably during the period of the general elections,” stated Mr Ugorji.

 

He added, “Any candidate who is prepared to shed blood or to spend huge sums of money to buy votes or to compromise INEC shows that he or she is seeking political office for pure self-aggrandisement.”

 

He reminded Catholics of their civic and moral responsibility of voting during elections.

 

The president of Christian Association of Nigeria, Daniel Okoh, commended the CBCN for always speaking truth to power.

 

Mr Okoh said CAN had registered with INEC to observe the forthcoming elections and had trained 1,200 observers.

 

He explained that the international observers from the All African Conference of Churches would also observe the elections.

 

“This will be our modest contribution in ensuring a free, fair and credible election in Nigeria this year,” the CAN president said.

 

The Catholic Archbishop of Abuja, Ignatius Kaigama, in his homily advised Nigerians to make informed choices during the elections.

 

“With our votes in the coming weeks, we can either choose a reasonable and productive use of power towards unity, security, a good economy or just abandon our fate in the hands of people who have neither capacity nor conscience,” Mr Kaigama said.

(NAN)

NewsOnline Nigeria

Recent Posts

  • Headline
  • Politics

BREAKING: APC Governors Split as Rival Factions Emerge in Progressive Governors Forum

APC Governors has splitted as rival factions emerge in Progressive Governors Forum.   NewsOnline Nigeria…

18 hours ago
  • Top Stories

Shyllon Museum Hosts NATOP to Boost Cultural Tourism, Position Ibeju-Lekki as Emerging Tourism Hub

Shyllon Museum is set to host NATOP to boost cultural tourism and position Ibeju-Lekki as…

23 hours ago
  • Brands & Marketing
  • Economy And Business

Unity Bank Disburses Over N500m Through SHOCOF to Empower Traders, Boost SMEs

Unity Bank has disbursed over N500m through SHOCOF to empower traders and boost SMEs in…

23 hours ago
  • Crime Watch

Court Rejects Bail, Dismisses Objections in Alleged $1.5m Fraud Case Against Investment Boss Ufoma Immanuel

Court has rejected bail and dismissed objections in alleged $1.5m fraud case against Investment Boss…

23 hours ago
  • 2027 Election
  • Politics
  • Top Stories

“2027 Presidency Not a Computer Game” – Jonathan Speaks On Calls to Contest Again

Former President Jonathan has reacted to calls to contest 2027 presidency.   NewsOnline Nigeria reports…

2 days ago
  • Africa
  • Top Stories

President Tinubu Redeploys Fani-Kayode From Germany To South Africa

President Tinubu has approved the redeployment of Fani-Kayode from Germany to South Africa.   NewsOnline…

2 days ago