Nollywood actor, Yul Edochie has appealed to President Bola Tinubu to revive the cashless policy introduced by former President, Muhammadu Buhari.<\/h2>\n
In a post shared on Instagram, the filmmaker explained that the policy had a positive impact on the nation\u2019s economy during its initial rollout.<\/p>\n
He said it strengthened the naira and brought down the prices of goods.<\/p>\n
According to him, lower denomination notes like \u20a65, \u20a610, \u20a620, and \u20a650 began to hold value again when the policy was in place.<\/p>\n
The actor also stated that the cashless system played a major role in reducing kidnapping across the country, as it limited access to physical cash by criminals.<\/p>\n
Edochie urged the President to consider bringing back the policy for the benefit of the nation.<\/p>\n
\u201cTo my leader, President Bola Ahmed Tinubu, GCFR @officialasiwajubat, <\/em>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.<\/em><\/p>\n \u201cIt helped to bring down prices of goods and it made 5 naira, 10, 20 and 50 naira notes regain value. The cashless policy also helped to reduce kidnapping massively. Consider it again Sir,\u201d <\/em>he wrote.<\/p>\n \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n