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BREAKING: Peter Obi Tell Nigerians What To Do To #CBN Over New Naira Notes Scarcity

Tgmedia by Tgmedia
February 5, 2023
in Banking, Breaking, Business, News
0
Peter Obi

BREAKING: Peter Obi Tell Nigerians What To Do To #CBN Over New Naira Notes Scarcity

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BREAKING: Peter Obi Tell Nigerians What To Do To #CBN Over New Naira Notes Scarcity—-The presidential candidate of the Labour Party, Peter Obi, on Sunday morning pleaded with Nigerians to bear with the Central Bank of Nigeria and the Federal Government over redesigned Naira scarcity biting hard in the country.

He made this known via his official twitter handle saying that the currency redesigning was not peculiar to Nigeria, saying that the inconveniences experienced now would yield longterm economic benefits, adding however that improvements could have been made in the implementation.

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The LP candidate and former Anambra State governor, further urged the CBN and commercial banks to increase efforts to make the new naira available to Nigerians.

Obi said, “The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant longterm economic and social benefits. Even though there are improvements that can be made.

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“I urge Nigerians to bear with the CBN and Federal Government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.

“We equally implore the CBN and the banks to expedite efforts to make the new currency available to small depositors and the unbanked in order to reduce the pains of my fellow Nigerians, especially the underprivileged and those living far away from banks in the rural areas.”

The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant longterm economic and social benefits. Even though there are improvements that can be made,

— Peter Obi (@PeterObi) February 5, 2023

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