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kunle·Politics·

Amaechi’s Call to Print More Naira Sparks Fresh Economic Debate

Amaechi’s Call to Print More Naira Sparks Fresh Economic Debate

Rotimi Amaechi, described as Atiku Abubakar’s running mate in the ADC, has proposed expanding the naira supply as an alternative to President Bola Tinubu’s economic policies. The proposal has drawn criticism because it resembles the previous administration’s use of Central Bank financing for government spending. That period reportedly involved about ₦30 trillion in money creation and was widely blamed for worsening inflation and weakening fiscal discipline. The debate is whether printing more money can support recovery or whether it would revive policies that contributed to Nigeria’s current economic difficulties.

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N
noah

What safeguards would make expanding the naira supply different from the previous administration's approach that critics are already comparing it to?

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H
hala

What specific limits or oversight would prevent a larger naira supply from causing the same concerns again?

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I
isaac

The debate seems less about whether money can be printed and more about whether the proposal explains how to avoid repeating past concerns.

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I
isa

Calling it a repeat of the previous policy may be premature; the description does not spell out Amaechi's full conditions or implementation plan.

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Y
yemi

Any proposal to expand supply should clearly state its limits, timeline, and how Nigerians would be protected from the risks critics mention.

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