Should I advise you? This kind of discussion should be written in your local thread for effective discussion.
Agreed. I have no idea what OP is talking about exactly, and as is typical for members here, very little details are supplied as to what's supposed to be the topic. I initially thought this might be about the US government and all of their excess spending on idiotic shit, but apparently not. That's fine, too since government waste has been a contentious subject likely since the beginning of society and governments.
The post might be more beneficial in the Nigeria local board but some members might also want to know about the economic situation of other countries. Personally, international news attracts me because it helps me to make a comparison with the situation in my country. One of the pitfalls of the original post is that it didn't relate his position to a particular country keeping readers in the dark. Now members are out in a condition where they have to figure out the country he was referring to.
Anyway the redesigning of the Naira not was politically and corruption motivated. Some persons in power didn't want the present president of Nigeria Bola Tinubu to win the election so they wanted to make the currency scarce to which will frustrate the ability of his party to buy votes. Fortunately, he had access to other currencies and connections in the Central Bank which aided him in winning the elections.
A special investigation into the Naira redesign showed that it was not the former president Muhamadu Buhari who approved the policy but his powerful nephew and aide Sabiu Tunde. He corroborated with the former CBN governor to siphon government funds through the printing and minting contract and misappropriation of the old notes. It was reported that the contract for the production of the currency was inflated and there was no accurate account of how some of the old were destroyed.