Quintessential Education
Sunday, March 26, 2023
About Us
Advert Rates
  • Home
  • Across Nigeria
    • Local Govt Education
    • Ministries of Education
    • Primary Education
    • Secondary Education
  • Business Education
  • Education Beyond Borders
    • African Education
    • American Education
    • Caribbean Education
    • European Education
    • Diplomatic Education
  • School Managers
  • The Pedagogues
  • Trends In Higher Education
  • Arts & Books
  • Sports
IJQE-International Journal of Quintessential Education
No Result
View All Result
cash-withdrawal-policy-targets-poor-nigerians,-will-strangle-political-process-–-pdp

Cash Withdrawal Policy Targets Poor Nigerians, Will Strangle Political Process – PDP

by Education Worldwide
December 11, 2022
Reading Time: 1 min read
0

YOU MAY ALSO LIKE

OMG!! Imo Labour Party Governorship Aspirant Found Dead Inside His Home In Lagos

More Details Emerge As CBN Reacts To Alleged Plan To Suspend OPAY, PALMPAY Accounts

Dele Momodu, the Director, Strategic Communications, National Election Management Committee of the PDP Presidential Campaign Council, stated this In an interview with Sunday Punch.Momodu admitted that “if enforced, the policy would strangulate the political process, not the PDP alone,” noting that the party’s finance committee would address the policy as it affected the party.“Why make a policy that will largely affect the poor more than the rich? My worry is that most of the country’s policies target the poor. The PDP is worried about the poor market women, and the ordinary man on the street because we want to run a cash-and-carry economy.
“In 2014/2015, I am sure if Buhari (Major General Muhammadu Buhari (retd.)) had no access to funding, he would not have been the President of Nigeria.
“There are people who are making contributions to political parties, and some parties have set up structures to receive support from people. How then will they be able to access funds if the government is saying that one cannot withdraw more than N100,000 in a week?
“I read somewhere that the CBN said the policy will not be rigid, but why make the policy in the first place if it is not going to be rigid?”
“The finance committee (of the party) is better placed to say the extent to which this will affect us as we prepare for a series of activities leading to the general elections. If the committee thinks the party will be negatively affected, perhaps, they will consider writing to the CBN. But, like I said earlier, this is more of a problem for the ordinary man on the street than it is for a political party.” Momodu said, on how the policy implementation may affect the PDP.

ADVERTISEMENT
ADVERTISEMENT
Tags: Naija NewsPDP
ShareTweetSend

Enter your email address and receive notifications of news by email

Unsubscribe
ADVERTISEMENT
Previous Post

Buhari approves disbursement of $350m Cabotage Vessel Financing Fund

Next Post

Boko Haram: Shekau Left 83 Concubines Behind – Former Terrorist Commanders Reveal

Related Posts

News

OMG!! Imo Labour Party Governorship Aspirant Found Dead Inside His Home In Lagos

March 25, 2023
0
News

More Details Emerge As CBN Reacts To Alleged Plan To Suspend OPAY, PALMPAY Accounts

March 25, 2023
0
News

Masterminds Of Electoral Violence Are Largely Untouched, Change Needed To Curb Recurrence – INEC

March 25, 2023
0
News

77% Of Nigerian Women Use Bleaching Creams, Risk Cancer, Damage To Vital Organs – NAFDAC Cautions

March 25, 2023
0
News

Our Silence Not Cowardice, Tinubu Will Be Inaugurated May 29 – Keyamo Fires Opposition

March 25, 2023
0
News

Pastor Shuts Down Church After Winning N100m Sports Bet

March 24, 2023
0

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

ADVERTISEMENT

About Us

THE QUINTESENTIAL EDUCATIONAL NEWSPAPER
is an international Newspaper with focus on developments in the education sector. We have a broad focus on developments in Countries in the African Continent, Countries in North America, especially the Caribbean, Europe and Asia.

Recent News

  • OMG!! Imo Labour Party Governorship Aspirant Found Dead Inside His Home In Lagos
  • OSPOLY directs part-time students to resume March 27
  • eTranzact donates N10m to Nigerian University of Technology and Management
  • More Details Emerge As CBN Reacts To Alleged Plan To Suspend OPAY, PALMPAY Accounts
  • About Us
  • Adverts Rate
  • Privacy & Policy
  • Contact Us

© 2021 IJQE -THE QUINTESSENTIAL EDUCATION | Designed by RoyalWeb.

No Result
View All Result
  • Home
  • Across Nigeria
    • Local Govt Education
    • Ministries of Education
    • Primary Education
    • Secondary Education
  • Business Education
  • Education Beyond Borders
    • African Education
    • American Education
    • Caribbean Education
    • European Education
    • Diplomatic Education
  • School Managers
  • The Pedagogues
  • Trends In Higher Education
  • Arts & Books
  • Sports

© 2021 IJQE -THE QUINTESSENTIAL EDUCATION | Designed by RoyalWeb.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.