A group, Society for Youth and the Downthrodden, SOYD, has commended the Federal Government over the new bank policy saying that Nigeria’s economy was in dear need of corporate surgery due to fraudulent handling of petroleum products and Dollars, (petro-dollar).
The President, SOYD, Comrade Ogwuche Gabriel noted that the business of governance was all about courage, sacrifice and therefore, stringent and sharp economic policy was a necessary option required to deactivate the scourge and ensure that all Nigerians irrespectively have fair access to the wealth of the nation.
Ogwuche said, “We express our joy over the on going new bank policy in Nigeria and commend the federal government for promptly responding to call on her dated 16th September,2022 to urgently rescue Nigeria Economy and give value to Naira.
“Courage as they said “Is not the complete absence of fear, but the ability to do what ought to be done inspite of the fear”(Ken Nnamani during the failed third term agenda).
“As leaders, we have the responsibility to secure the future through various economic policies and programs, even when it`s at the momentary expenses of our personal economic and political businesses and this is what the government is trying to demonstrate here.
“Nigeria Economy was in dear need of corporate surgery due to fraudulent handling of petroleum products and Dollars (petro-dollar) and therefore, a very stringent and sharp economic policy is a necessary option required to deactivate the scourge and ensure that all Nigerians irrespectively have fair access to the wealth of the nation.”
According to him, the more of such policies would be announced by the Central Bank of Nigeria before the end of this year saying that, “consequently, the country will experience peace and joyful mood in every part of the country if implemented.”
He stated that, “as a people, we don’t need military might or hardware to keep the nation united, but sound government policies and programs to achieve equitable mobilisation of resources and fair handling of public asserts and this could be easily done through aggressive bank policy.
“For instance, Iceland faced challenges ranging from economic crises, security and image problems at a time, but it later adopted this approach. Today, Iceland is the most safest and peaceful country in the world according to Global Peace Index (Year 2021).
“In view of these, whilst calling on all patriotic Nigerians to support and pray for the ongoing economic revitalisation program by the Central Bank of Nigeria as it relate to the proposed new bank policy, we urge the political class, especially members of parliament to desist from any act, action or both that is capable of delaying speedy implementation of this noble project.” (Nigerian Pilot)
