Tinubu: How I nearly quit presidential race over naira scarcity

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Tinubu: How I nearly quit presidential race over naira scarcity
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President Bola Tinubu says the cash scarcity triggered by the naira redesign policy nearly forced him to quit the 2023 presidential race.

The president said he had doubts during the election campaign after an encounter with a close relative.“Those close to me know that the odds were against me. During the campaigns, one of them came to my living room around 3:30am and said he needed just N50,000 to buy foodstuff for our uncle,” the president recounted.“He told me, ‘The currency is gone because of you. People are jumping over bank counters because there is no cash. Our uncle, a wealthy man, doesn’t even have N10,000 in cash.

“I was amazed. At that moment, I almost dropped the idea of running for president. But thanks to Aminu Masari and all of you who encouraged me. When I came to Abuja, Masari told me, ‘I am the chairman of the north-west group; don’t look back’,” he said.

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