Nollywood actor and self-proclaimed traditionalist Yul Edochie has penned a passionate appeal to President Bola Ahmed Tinubu, calling for the return of the cashless policy initially introduced under the Buhari administration.
In a post shared on his official Instagram page, Yul described the policy as a powerful tool that once helped stabilise the naira and reduce the cost of goods.
To my leader, President Bola Ahmed Tinubu, GCFR @officialasiwajubat I humbly suggest you bring back the cashless policy. When it was introduced by the previous administration, it increased the value of the naira tremendously.
Yul further claimed that the cashless policy played a significant role in reducing crime, particularly kidnapping for ransom, which relies heavily on large cash transactions.
It helped to bring down prices of goods, and it made 5, 10, 20 and 50 naira notes regain value. The cashless policy also helped to reduce kidnapping massively. Consider it again, Sir. Thank you, Your Excellency.
His comments have sparked mixed reactions online, see some below: