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Author Topic: Nigeria’s new monetary policy cannot stop vote-buying. Discuss.  (Read 210 times)
Lida93
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February 17, 2023, 03:54:32 AM
 #21

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...the CBN’s monetary policy reforms are not expected to exert a fundamental change on the Nigerian dominant vote-buying culture. While it might minimise the use of the local currency for transactional politics of vote-buying, the policy is unlikely to stem the entire gamut of the thriving vote-buying “industry” in a heavily dollarised liberal democratic milieu as Nigeria.

To understand am better. Make I ask, which currency wey PDAPC(PDP and APC) been use during their presidential primaries to take buy key electoral officials, delegate electors, voters? Na Naira or na dollar?
This vote buying issue nah primarily from the voters nah the vote buying really the take place pass compared to buying vote from officials. No be officials the do the thumb printing for election ground rather na the electorate like you and me wey go queue up for line to vote. So you no fit come tell me say that day na dollars them go dey share for electorates for queue , just like in recent times Dem never ever share dollars but naira, so if we look well well we go see say this new naira note policy go stop plenty nonsense wey politicians been dey use money do for election ground. Because it go dey very rare and hard to see politicians com d share dollar for election ground say mk people vote him party.
Na how much dollar him wan share for each of the polling units to each voter? Even sharing of dollar sef go cause confusion cos many persons go say na take dollars d.em d com share as Dem no know which one be fake or original. So any how it be, the monetary policy go really stop plenty nonsense for this election and it's clear.

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sokani
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February 18, 2023, 07:33:11 PM
Last edit: February 19, 2023, 07:32:55 AM by sokani
 #22



A picture tells a thousand story. I saw this pic online and I decided to share it. I don't know if this money was during the PDP primaries but this is what Buhari and CBN governor was trying to achieve by introducing the new naira note because these guys have stacked billions of naira to buy their way into public offices. Have you guys ever asked yourself these questions? Fuel subsidity, fuel scarcity, ASUU strike, unemployment, bad roads etc. and our politicians didn't take it to supreme court. Because the new redesigned naira notes affects them, they quickly took it to supreme court as if they care about the masses.
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February 22, 2023, 08:48:18 PM
 #23

 The way I see am, the so called cashless policy go only get power during dis election. E get wetin I don notice for we contri and e be say we govt dey like drop diversionary tactics to take comot we mind from important matas. See the case of End SARS mata, Dem rush go bring NIN to comot mind, now nah election period, Dem don cari somtin wey go seriously affect the economy; scarcity of naira. I still know say them go use moni take confuse the pipo since hunger go take the place of reasonable thinking.
 I just hope we go do the right tin Sha.

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Silver005
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February 23, 2023, 06:07:42 PM
 #24

This is a real fact, the monetary policy can never stop the vote buying because the monetary policy is only working here in Nigeria, what about the money they have stored in abroad? this politicians are ready to buy the vote with dollars and they can travel to abroad before the election and loaded their bags with dollars,and like we all know that the present government have starve people the point some people have no option than to survive for the the first and are ready to take bribe from any candidate who may wish to buy their vote,but nevertheless it is not advisable,but we must say the truth.the monetary policy can't stop the vote buying..
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February 23, 2023, 07:34:09 PM
 #25

For me this new policy don increase hungry well well for this country and this politicians nai don cause these situations by hoarding so much naira wey dem wan use buy votes on that election day and the worst part about this whole situation be say people go still sell their votes due to level of hungry. Just imagine the level of hunger wey dey now for the country and on that day of election,  you no go fit tell me say politicians  dey share money for people wey vote for their party and person wey neva eat wey go to go vote go come choose to vote for parties wey no dey give money.

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February 24, 2023, 04:03:47 PM
 #26





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Rivers Police Arrest Hon Chinyere Igwe For Money Laundering

Police Officers from Rivers State Command deployed to INEC Headquarters Aba Road today 24/2/2023 at about 0245hrs, while on stop and search, arrested one Hon Chinyere Igwe, member House of Representatives representing Port Harcourt II Federal Constituency with a cash sum of 498,100 USD inside a bag in his car.

Also recovered was a list for distribution of the money.

The AIG Election, AIG Abutu Yaro fdc has ordered swift interrogation and arraignment in court.

https://twitter.com/RiversPoliceNG/status/1629043231789817856
I say make I update una as e dey hot. 😊 This just confirmed many person's point of view that the naira redesign cannot stop vote buying. We are Nigerians and e dey our blood to always find a way but this one own sha don cast... And I hope he faces the full wrath of the law.
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February 24, 2023, 04:57:35 PM
 #27

No matter how you try to stop Nigerians(mostly politicians) not to engage in corruption, Nigerians and it politicians go always look for a way out, this new monetary policy no get any way to take stop vote buying at all, see this politicians the new money stocked in their homes already, na this politicians wey make the money no fit reach citizens cos na Dem don pack the new currency go hide so that Dem go use am for elections, like today now we dey hear for news how efcc don see 34.2million naira for Lagos State that is meant for buying votes tommorow for the elections,
Na so we hear the ones wey Dem see for Rivers State too, almost 1.3million dollars,so this monetary policy no fit stop vote buying at all, na only the masses go suffer am, na so e just be

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February 24, 2023, 06:58:36 PM
 #28

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BREAKING: EFCC intercepts N32.4 million Cash meant for Vote-Buying in Lagos

A massive operation by the Economic and Financial Crimes Commission, EFCC, to deter vote trading and other financial malfeasance ahead of tomorrow's presidential and national assembly elections may have begun paying dividends with the interception in Lagos of the sum of N32, 400,000 (Thirty-two Million, Four Hundred Thousand Naira) allegedly suspected to be used for vote buying in Lagos. The recovery was made by operatives of the Lagos Zonal Command of the Commission.

The suspect involved has been taken into custody for further questioning

Source: https://politicsnigeria.com/breaking-efcc-intercepts-n32-4-million-in-cash-meant-for-vote-buying-photo/
Breeze don blow fowl nyash don show, d money don dey surface like this from where dem hide am... Our politicians don weaponize hunger, subject us to a lot of pains and suffering say CBN no print enough cash and now dem wan put chains and handcuffs for our legs and hands.
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