Cardinal Okpaleke knocks CBN over naira redesign

redesigned naira notes

Bishop of Ekwulobia Diocese, Peter Cardinal Okpaleke, carpeted the Central Bank of Nigeria (CBN) over its naira redesign policy, saying it plunged the country into an economic hardship.

Okpaleke, in his Easter message, said the policy was badly implemented and as a result, worsened the economic hardship Nigerians were passing through.

This is even as the Cardinal told the Christian faithful and, indeed, all Nigerians to be hopeful as things would get better in the country very soon. He reminded all that the country had survived insecurity and would continue to survive it.

“One year has rolled by since Easter 2022 when we re-enacted the suffering, death and resurrection of our Lord Jesus Christ for the salvation of the world. A lot has happened since then!

“For many in our own locality, the “alleluia” of Easter is first for a happy survival through the power of the risen Lord. As individuals and as Nigerians, we are going through the valley of darkness and are surviving a lot that threaten life – physically, emotionally, and spiritually.

“So far, we have survived the UGM – the infamous “Unknown Gun Men,” – the herdsmen, and other criminal elements who terrorize our society. We are going through untold hardship on account of many factors – galloping inflation, unemployment, dilapidated infrastructure, etc,” Cardinal Okpaleke said.

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