Tinubu, a veteran political operator, is one of the three leading presidential hopefuls, along with Obi and his former ally and leading opposition candidate Atiku Abubakar.after the country’s central bank redesigned 200, 500 and 1,000 naira banknotes and gave people a limited time to exchange their old notes weeks before the elections.
According to Nigeria’s central bank, the policy’s aim was to mop up the bulk of banknotes in circulation from hoarders and “criminals”. Analysts said the banknotes redesign will also cut down on the prevalence of vote buying in the elections.Debris outside the premises of a local bank in Abeokuta, Nigeria, on February 7, 2023 after a demonstration by angry protesters about officials seizing truckloads of old naira notes from Tinubu’s home.Money in bank vaults, AFP Fact Check found that the pictures were from events unrelated to Tinubu.
Two of the pictures of stacks of what look like new 200 naira banknotes were shared on Twitter by the anti-corruption police onEFCC Arrests Operations Manager of a Commercial Bank for Hoarding New Naira Notes in Abuja An Operations Manager of a leading Commercial bank in Abuja Central Area was today, February 6, 2023, arrested by operatives of the Economic and Financial Commission, EFCC,...