{"id":101925,"date":"2022-12-12T16:40:08","date_gmt":"2022-12-12T15:40:08","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=101925"},"modified":"2022-12-12T16:40:08","modified_gmt":"2022-12-12T15:40:08","slug":"my-take-on-new-cashless-policy-sanusi","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/my-take-on-new-cashless-policy-sanusi\/","title":{"rendered":"My Take On New Cashless Policy- Sanusi"},"content":{"rendered":"<div>The 14th Fulani Emir of Kano and former Central Bank governor, Muhammad Sanusi II has said the new cashless policy by the Central Bank of Nigeria will discourage election rigging by politicians.<\/div>\n<div><\/div>\n<div>Sanusi in a short video said that the Policy dates back to 2012 when he was the governor of the Central Bank, adding that the CBN is just continuing what he started.<\/div>\n<div><\/div>\n<div>The former CBN governor said: \u201cThe cashless policy started in 2012 when I was governor of the CBN with Lagos and later spread to 5 states. The explanation we gave that time is that the world is evolving and people shouldn\u2019t be carrying cash around, as such the introduction of cashless policy to ease transactions.<\/div>\n<div><\/div>\n<div>\u201cAt first people protested against it but they later accepted the policy and started using the different payment channels at restaurants, shops and other places,\u201d<\/div>\n<div><\/div>\n<div>Speaking further, he noted that one of the fundamental importance of the cashless policy is that it will discourage rigging, while cautioning Nigerians to ignore politicians who are complaining about the policy.<\/div>\n<div><\/div>\n<div>\u201cI want to advise people to be careful with what politicians are saying about the cashless policy because it does not favour them. They spend four years without delivering on their mandates and later return with huge sums of money thinking they can bribe the security agencies and the electoral body.<\/div>\n<div><\/div>\n<div>\u201cWhat the policy entails now is that a politician who wants to bribe the security agencies or the electoral body, he\/she must pay it in the persons\u2019 bank account where the transaction can be traced. Therefore I urge people to embrace the policy as part of efforts to entrench democracy and also make rigging difficult for politicians,\u201d<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The 14th Fulani Emir of Kano and former Central Bank governor, Muhammad Sanusi II has said the new cashless policy by the Central Bank of Nigeria will discourage election rigging&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":101926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-101925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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