He believes the cashless policy would reduce kidnappings.
Nollywood actor and self-proclaimed traditionalist, Yul Edochie, has written a heartfelt appeal to President Bola Ahmed Tinubu, urging the reinstatement of the cashless policy originally introduced during the Buhari administration.
In a post shared on his official Instagram page, Yul described the policy as a powerful measure that once contributed to stabilising the naira and lowering 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 also emphasized that the cashless policy significantly helped in reducing crime rates, particularly kidnapping for ransom, which heavily depends 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:
“No, we are good with the cash at hand policy… It’s working for many of us. Do I have a witness? Thank you“
“Sir i need money to pay my rent.“
“Hmmmmm… prove that you are not even an insider of this administration as you portray… if not why u no go him office go tell am“
This isn’t the first time Yul has shown public support for President Tinubu. In December 2024, he praised Tinubu as a “silent achiever”, listing what he considered major accomplishments under his administration, including fuel subsidy removal and alleged improvements in infrastructure and agriculture.
His recent appeal, however, comes at a time when Nigerians are grappling with rising inflation, food insecurity, and escalating security concerns, particularly in states like Benue.
