Former CBN Governor Emefiele Responsible For Hunger in Nigeria – President Tinubu’s Aide

Former CBN Governor Emefiele is responsible for the current hunger in Nigeria, President Tinubu’s aide has said.

Newsone Nigeria reports that O’tega Ogra, a Senior Special Adviser on Digital and New Media to President Bola Tinubu says the naira redesign policy introduced by former Central Bank of Nigeria governor, Godwin Emefiele is the cause of hunger and economic hardship in the country.

This online news platform understands that the Presidential spokesman made this statement on Sunday, August 11, 2024, when he appeared on Arise TV.

Newsone recalls Emefiele while presiding over the Central Bank of Nigeria, introduced the naira redesign policy in October 2022 under the administration of President Muhammadu Buhari where ₦200, ₦500, and ₦1,000 old notes were replaced with new notes.

Former CBN Governor Emefiele also announced a plan to end old notes as a real tender in Nigeria by January 31, 2023, creating panic in Nigeria then.

Speaking on the policy President Tinubu’s aide said, “The most important thing is to realise what it takes to end hunger and guarantee food security in Nigeria. It is not a magic wand. The president has said on countless occasions that he does not want to look behind and lay blame.

“But let us situate things properly. At the beginning of last year, we had the naira redesign. That Niara redesign ensured that a lot of farmers did not go to farms to plant and all that.

“It simply meant we had limited food output at the end of last year.”

Ogra said the president is importing equipment from Belarus, Brazil and the US for mechanized farming.

“We cannot use short-term solutions for long-term problems and you know the problem of food security has bedeviled this country for a very long time.

“Nigerians need to understand that this is a process. The president has also opened the borders for the importation of food items for six months in the first instance and from grains to other staples that Nigerians eat. We do hope that this will bear fruit,” he added.