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Cash swap: Tinubu empathizes with traders, says “I feel your pain”

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The presidential candidate of the ruling All Proressives Congress (APC) Asiwaju Bola Ahmed Tinubu attributed his concern for the unintended hardship caused by the ongoing naira swap policy to his background as a son of a market woman.

He said he feels tbe pains most petty traders, artisans, small-scale business promoters and the masses are facing with the attendant hardship brought about by the disruptive implementation of the policy.

Tinubu, who had at different times expressed reservations about the implementation of the policy, said his cries were informed by his experience as someone who grew up in a market environment.

Speaking Friday evening at a town hall meeting with market leaders from around the country in Abuja, the APC presidential hopeful said he was fed and trained by his late mother with money from trading, adding that he could identify with the pains and gains of traders.

Tinubu said he knew limiting the circulation of cash would have a devastating impact on the informal economy because of his knowledge of trading in the markets

He expressed sympathy with petty traders and those dealing in perishable goods who, he said, are worst affected by the policy.

Tinubu cited the example of a carrot seller he observed while on a recent campaign trip to Gombe who was standing under the sun tending to his ware with no one to patronise him “because there was no currency”.

The APC presidential candidate urged the traders to remain resolute and not allow difficulties arising from the naira swap exercise to overwhelm them.

He said if elected,  his government would provide low-interest loans for traders and address their concerns in other areas of their businesses.

Assuring them he knows where it pinches them he said, “This man is from the market and is from the city.”

Representatives of market leaders who addressed the participants spoke glowingly of the APC candidate who they described as one of them.

They promised to mobilise for the victory of Tinubu who, they said, is the best candidate on the ballot.

Tinubu was joined at the event by Governors Muhammad Badaru Abubakar (Jigawa) and Abubakar Sani Bello (Niger), Secretary of the APC Presidential Campaign Council, Hon. James Faleke, among other chieftains of the party.

 

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