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Naira Resign And Cashless Policy: Good Gestures Gone Awry -By Tife Owolabi

The Nigerian state policy drivers have the work cut out for them if they truly know their onions and are worth the salt. They are the problems themselves and no solution can be gleaned from such people who are part and parcel of the problem they claim to resolve. 

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New naira notes

Every crisis creates an opportunity for people to cash out. No wonder war will never stop because of the profiteers. 

In a situation like ours, the crisis is analogous to war and the issues will never fade away sooner. 

The good gestures that will have occurred unnoticed without the little impact or bottleneck on the citizens have gone awry because those saddles to ameliorate the suffering of the common man are themselves the problem. 

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Countries the world over go through social changes which are sometimes planned for or otherwise occurred on their way like we witnessed the Covid 19. It took the world by surprise and those without good managing skills and coping mechanism suffered the most. 

The redesign of the Naira and cashless policy are social changes that a state must witness if we must move from a primitive to a modern society but not carefully thought through is what we reaping.

Yes, all programmes or actions have unintended consequences but the low handling fruit and a bespoke approach matter most. The ways and manners the handlers of the Nigerian state run her affairs show a lack of foresight. 

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The Nigerian state policy drivers have the work cut out for them if they truly know their onions and are worth the salt. They are the problems themselves and no solution can be gleaned from such people who are part and parcel of the problem they claim to resolve. 

Tife Owolabi is a Policy and Crisis Communication Analyst.

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