Malami: The Electoral Act will guarantee free and fair elections.

The foundation for free, fair, and credible elections on February 25 and March 11 of 2023 has been laid by the Electoral Act of 2022, which was signed by the president, Major General Muhammadu Buhari (retired), in May of last year.

Abubakar Malami, the Attorney General of the Federation and Minister of Justice, made this assertion at the Aso Rock Mansion in Abuja at the 67th State House Ministerial Briefing, which was hosted by the Presidential Communications Team.

Malami’s assertion comes just 48 hours before the February 25 presidential and National Assembly elections.

The AGF claims that the Act contains sufficient judicial, political, and administrative reforms to guarantee seamless election processes in 2023 and in subsequent elections.

He pointed out that the law has also limited foreign meddling through illegal funding flows.

Yet, the issue brought on by the Buhari administration’s new naira strategy, which the Central Bank imposed, has brought it under harsh criticism recently.

Only old N200 notes would be accepted as legal tender until April 10 according to the President’s announcement, which was made in a television broadcast exactly one week ago.

By February 17, 2023, he warned, any N500 and N1000 notes that have not been delivered to money deposit institutions and the central bank will no longer be considered legal tender.

So, in order to increase the economy’s availability of cash, he instructed the Central Bank to reinstate the old N200 notes.

The decision hasn’t done much to ease the misery of Nigerians who are struggling with money, though.

According to Dailyupdates, there are now lengthy lines at commercial banks and automated teller machines all around the country.

Angered clients have used violence to ruin bank facilities and set buildings on fire in places like Ogun and Ibadan.

In order to ensure their safety, the Association of Senior Staff of Banks, Insurers, and Financial Institutions last week requested that its members stay at home; however, it has subsequently revoked this request.

However, it recommended members to move to safe areas until their safety was ensured and to stop all activities in the event of any threat without obvious protection.