VIDEO: POLITICIANS COMMENCE VOTES BUYING WITH OLD N1,000; N500 CURRENCY NOTES

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One of the reasons the Central Bank of Nigeria, CBN gave for the Naira Redesign policy embarked upon by the Federal Government was to curb vote buying in Nigeria.

During recent elections in Nigeria, allegation of vote buying has become a recurring decimal and it has negatively affected the credibility of the process.

It is in the light of the above reason, that many people commended the federal government for coming up with the policy that is aimed at putting sanity into our electoral process by mopping up the stockpiled currency from the circulation.

It’s unfortunate that much as the government is trying to make sure that the coming election is free, fair and credible, the politicians have not deviated from the old practice. Rather, they have devised means to undermine the effort of the CBN and the policy of the federal government. As revealed in this clip, they have started sharing N5,000 to the residents of Ogun State

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