Digital Currency "Goes Live" in Africa? Nigeria Limits ATM Withdrawals to Promote Digital Currency - Global Research
Global ResearchAPR 1 2023
The Nigerian people are fed up with this new policy, which is why six states have joined forces in a lawsuit to have the ludicrous policy overturned. If it was smart, especially with elections just around the corner, the APC and its leader, Pres. Muhammadu Buhari could end the policy on their own. Nigeria's economy is collapsing for completely unnecessary reasons.
Counter to the conspiracy theories being spread by the opposition, the current banking crisis is not the fault of Pres. Buhari. The president was duped by CBN leadership into thinking the policy would combat corruption; if he had known it would come to this, the APC and its leader would never have signed off on preventing average Nigerians from withdrawing money. Because neither the president nor the bank has absolute power, the solution is to follow the desires of the people.