Ajirioghene Imah

The Presidential Candidate of Zenith Labour Party (ZLP), Dan Nwanyanwu has said the new cash withdrawal policy by CBN will help tackle the issue of vote buying in the country.

He made this known during an interview on Channels TV’s Politics Today on Tuesday.

Recall that the Central Bank of Nigeria had on December 6, 2022, issued a circular to place a minimum weekly withdrawal limit on individuals and Corporate Organizations in order to reduce the circulation of cash across the country.

Nwanyanwu, who is also the party’s National Chairman argues that if the cash limit is implemented, it would help the country’s political system.

According to him, “The menace of vote-buying is the reason why we support this new policy by the CBN on cash movements.

“There is no way it won’t affect those who carry a huge amount of money to the polling unit, and that is why you see them crying. They want it to be changed and stepped down.”

He also noted that despite assurances by the President and Minister of Information and Culture, Lai Mohammed, that elections would go on as planned, there were still threats against the general elections being free, fair, and transparent.

The ZLP candidate said, “The threat against the 2023 general election is potent. We have seen a lot of insecurity across the country.

“The latest being the attempt by some political parties to truncate the use of BVAS and IREV and also taking some legal processes to get the INEC chairman, Prof. Mahmood Yakubu, to be removed from office and to ban him from holding public office for 10 years.”

“First of all, they went to a court in Umuahia, they had no facts, they presented nothing, it was based on speculation. The court dismissed it, they went to the Court of Appeal, and it was also dismissed. They came back to Abujaand it was dismissed last week. They might go elsewhere soon because they are on forum shopping.”