New Currency Will Make Kidnappers Start Asking For Dollars as Ransom - Sheikh Gumi

Islamic scholar, Sheikh Ahmad Gumi, has criticized the move by the Central Bank of Nigeria (CBN) to change the new Naira notes, saying their argument and other reasons might push kidn@ppers to start demanding for dollars from their victims.
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Gumi stated this in a statement he released on his Facebook page on Saturday.
He said the Naira redesigning will further worsen the s¥ffering of the common man.
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“I, the Islamic scholar contended that the policy was clearly anti-people as it is ill-timed for a government that is winding up to take such measures. Eighty per cent of Nigerians, especially the rural dwellers depend on cash transactions. A sudden change to a cashless or cash-starved society will mean pauperising them in a short time and this can tr#gger – God Knows- an unprecedented socio-economic turmoil in this semi-skilled or unskilled population.
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People that sell goods will tell you that most Nigerians don’t have the money to buy things; therefore most traders are running at a loss and are already folding up. At this junction, anything that can cause more cash crunch will be a disaster for the nation. Speaking further, Gumi lamented that: “Many good ideas are marred by wrong timing. This is likely to be another one. No matter how ingenious the hatchers may romanticise, the benefit will remain phantom since the reality on the ground is incongruous and it spells doom for the escapade.”
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He said such a programme is not expected of a government that is already going out of power, adding that it’d have been logical if it had started in 2015. “As for the North which is poorly represented in the banking system, it’s a sure economic s¥icide. How many Nigerians have access to banks? How many do have the privilege to enjoy the most simple of banking loans?.
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As for the question of starving kidnappers of Naira, it goes without saying that they will resort to Dollars and other hard currencies which will further put more pressure on it making the rotten situation worse.”

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Posted: at 30-10-2022 12:29 PM (10 months ago) | Addicted Hero

This man is so concerned about kidnappers and bandits.

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Posted: at 30-10-2022 01:16 PM (10 months ago) | Hero

This is the reason why the south should unite  against  this  organized  crime by the north.  They  are  stupidly  arrogant.  A country where the  accountant general of the federation  stole over  198 billion naira  and  the government is moving on  like  nothing happened  simply because he is a northerner. 

Posted: at 30-10-2022 01:31 PM (10 months ago) | Gistmaniac

What a dumb presumption,infact;a very dumb one.Are the new Naira notes going to remain in the bank only as deposits?Is it that kidnappers would not be allowed access to the new notes?Is not just replacement that's going to take place?This man will just be putting dangerous ideas in the heads of those kidnappers to make the already miserable lives of their victims and families even more miserable.Just be blabbing jibberish anyhow!

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Posted: at 30-10-2022 02:26 PM (10 months ago) | Gistmaniac

And what will be your %cut.

Posted: at 30-10-2022 05:59 PM (10 months ago) | Upcoming

Peter Obi's northern Rep 

Posted: at 31-10-2022 11:05 AM (10 months ago) | Upcoming