Popular Nollywood actor Yul Edochie has made a direct appeal to President Bola Ahmed Tinubu, urging him to reinstate the cashless policy previously introduced by the Central Bank of Nigeria (CBN).
Sharing his thoughts via Instagram, Edochie outlined the benefits the policy had during its initial implementation, pointing out its influence on economic growth, currency value, and national security.
According to the actor, the cashless approach not only helped strengthen the naira but also reduced kidnapping by limiting the availability of physical cash.
He wrote:
“To my leader, President Bola Ahmed Tinubu, GCFR Asiwaju Bola Ahmed Tinubu, I humbly suggest you bring back the cashless policy. When it was introduced by the previous administration, it increased the value of the naira tremendously. It helped to bring down prices of goods and it made 5 naira, 10, 20 and 50 naira notes regain value. The cashless policy also helped to reduce kidnapping massively. Consider it again Sir. Thank you, Your Excellency.”
Edochie’s statement has sparked a wave of reactions online, with Nigerians sharing mixed views on the policy’s potential return.
Here’s what some netizens had to say:
- @emykelz: “Do you know how many people suffered?”
- @ayamaster32: “No, we are good with the cash at hand policy, it is working for many of us”
- @princedanny001: “Them never listen to appointee finish, na lotto ambassador dey go listen to”
- @mayor_akins71: “Man of the people, we believe you, Tinubu will fix Nigeria for sure”
- @wearmufty: “Relax Jagaban will fix it”
- @deyoung_king_solomon: “You are very wicked human being for saying that”