Chris Ngige, the Minister of Labour and Productivity has hailed the Central Bank of Nigeria (CBN) Naira redesigned policy.
He admitted that the implementation of policy wasn’t smooth, but, the policy made it impossible for cash exchange for votes in the 2023 general elections.
Speaking on Wednesday’s Channels Television’s Politics Today programme, Ngige said bandits and kidnappers are on holidays over the difficulties in getting cash for payment of ransom.
“I used to go for elections and I know what I see. There was no cash exchange for votes. It wasn’t easy anymore. Kidnappers are on break, they are strike so to say or recess. Bandits, they have also gone on holidays.
“The policy is not smooth in its implementation. I admitted that. But whether it is a good policy? Yes, it is a good policy.
“It wasn’t smooth; it came with some pain but overall, did we get some sound benefits from it? Yes, we did: people didn’t buy votes on the line (queue) during the elections”, the Minister said.