Tag: Hard Currencies If Naira Is Redesigned – Sheikh Gumi

Kaduna based Islamic cleric, Sheikh Abubakar Ahmad Gumi, on Saturday, said the decision by Central Bank of Nigeria (CBN) to redesign the naira to curtail ransom payment will fail, as kidnappers will resort to dollars and other hard currencies. Gumi warned that the redesigning of the naira will further put more pressure on the economy…