The eminent author Wole Soyinka has added his voice to the debates about the effects of the Central Bank of Nigeria’s (CBN) naira redesign policy, accusing CBN Governor Godwin Emefiele of plunging Nigeria into despair.
The naira redesign policy, which resulted in a shortage of naira notes after having a devastating impact on businesses and Nigerians’ ability to survive, nearly brought Nigeria to its knees.
The old naira notes—N200, N500, and N1000—were still legal tender as of the last day of the year, despite the Supreme Court’s criticism of the policy.
Speaking on the Roadmap 2023 program on Channels Television, which aired on Monday, the intellectual called the policy a flagrant crime against humanity.
Soyinka bemoaned the hardship that Nigerians had to endure, which went far beyond the electoral violence that the poorly executed policy was supposed to prevent.
He also criticized President Muhammadu Buhari for allowing the policy to continue to the detriment of Nigerians.
“Emefiele has done more than just rig the election; he has committed a crime against humanity. He hit at the core of the basic requirements, rights, and survival principles of the common people on the street, according to Soyinka.
“He and his boss, Buhari, because ultimately, it is Buhari’s fault that he allowed this to happen. Emefiele, however, is the authority. He is the one who formulates policy recommendations and implements them.
Do not intimidate me. Please don’t silence me. Don’t deprive me of my economic entitlements or potential. Don’t leave me up to sadists like Emefiele, he continued.