Cash crunch: PDP commends Atiku for standing for Nigerians

… Accuses Tinubu, APC of Mopping-Up Cash for Vote-Buying

… Charges CBN to Monitor Distribution, Provide Mobile Banks in Rural Areas

The Peoples Democratic Party (PDP) has expressed optimism that “the hopelessness and anguish brought upon our nation by the All Progressives Congress (APC) administration” will be a thing of the past if its Presidential Candidate, Atiku Abubakar wins.

The PDP also decried the excruciating pain and distress being faced by Nigerians arising from their inability to access the new Naira Notes, a development it alleged was “occasioned by the reported nefarious activities of corrupt APC leaders who are compromising the system to intercept and hoard the new banknotes for their selfish vote-buying plans ahead of the February 25, 2023, Presidential election.”

The PDP, in a statement by its national publicity secretary, Debo Ologunagba, recalled the intervention by Atiku, which it said led to the extension of the initial cash swap deadline”

The opposition party observed that such an accomplishment not only demonstrates Atiku Abubakar’s commitment to the well-being of Nigerians but also his experience, capacity and integrity to stand for the people and get the system to work for the public good.

The Party said it is however saddened that the cash crunch had persisted “due to the sabotage of corrupt APC leaders who are alleged to have masterminded the intercepting and hoarding of the new notes for their selfish agenda.”

The PDP said it is disgusted by “the hypocrisy being exhibited by the APC Presidential Candidate, who, it claimed, despite his alleged role in the cash scarcity is pointing accusing fingers at others and seeking to exploit the ugly situation to incite unsuspecting Nigerians with the view to disrupting the 2023 general elections.”

The PDP called on President Buhari “to protect Nigerians by going after these felonious APC leaders as well as the saboteurs in the system who are reportedly working with the APC Presidential Campaign to mop up cash meant for distribution to our citizens”

“Our Party stands with Nigerians; the artisans, traders, drivers, “keke” and “okada” riders, labourers, food vendors, students and all hard-working citizens at this time of distress.

The PDP charged the Central Bank of Nigeria (CBN) to be mindful of the sufferings being experienced daily by Nigerians and demanded that the bank takes urgent measures to arrest the unbearable situation by ensuring adequate protection and effective monitoring of the cash distribution process.

It advised that “Among other measures, the CBN should immediately provide dedicated Mobile Banks and Special Cash Points in areas of need, particularly in the markets and rural areas of our country” adding that “using such facilities to dispense low amounts in markets and rural areas will drastically reduce the pain and anguish being experienced by Nigerians at this time”.