Naira redesign has drastically reduced kidnapping and corruption – Malami.

Naira redesign has drastically reduced kidnapping and corruption – Malami.

Abubakar Malami, Attorney General of the Federation and Minister of Justice, has said that the introduction of naira redesign policy by Central Bank of Nigeria (CBN) reduced drastically the rate of kidnappings in the country.

The AGF said this on Friday, February 10, in an interview with Radio Nigeria Kaduna.“I told you the case is still in court, we will obey the court order but we also have right to explain to court the positive sides of the policy. If you see the negative side of it, you have to see the positive sides.

If these governors told the court the hardships been experienced as a result of the policy, there are also some problems that the policy is solving. I gave you example of insecurity.

Immediately this policy was introduced, the rampant kidnapping has drastically reduced. It also reduced rate of corruption, therefore we have right to go and explain to court these positive sides.