Top News

Oluwo blasts Emefiele, says naira scarcity inimical to human survival

A Frontline traditional ruler in Osun, Oba Abdulrosheed Adewale Akanbi on Wednesday accused the governor of the Central Bank of Nigeria, Godwin Emefiele of inducing hardship on Nigerians for not making new naira notes available in the country.

The monarch who made the accusation in a statement in a statement made available in Osogbo stated that the new naira regime has grounded economic activities in Nigeria, saying implementation of such ought to be gradual to ease commercial activities.

He stressed, “the new naira regime has inflicted much hardship on Nigerians. It has grounded the country’s economic activities. It’s worsening everyday. As a father with voice, I must speak out”

“The CBN governor, Godwin Emefiele owe Nigerians apology for inducing such a hardship. I’m yet to be convinced on the introduction of new naira note without proper measure to provide adequate/enough inflow of new notes in circulation. It’s gross gross insensitivity to human feelings.”

“Emefiele needs to address Nigerians again to holistically justify the introduction of the new note and the deadline without enough money in circulation. We can’t continue suffering and keep mute. This is rally bad at a time INEC will need resources for logistics.”

Oba Akanbi however called on stakeholders most especially the federal government to review the policy with a view to decimate the hardship on innocent Nigerians and agitated for urgent closed monitoring to ensure money circulates.

While noting that, what is presently happening now, is a plan to instigate Nigerians against the legacy of President Muhammed Buhari, the traditional ruler stated that, many Nigerians have been stranded, immobile and starved due to scarcity of naira notes.

Adeolu Adeyemo

Recent Posts

FG’s strategic support boosting NAF operations — CAS Abubakar

“These acquisitions will further expand the service’s capacity to execute complex missions and maintain momentum…

8 minutes ago

FG signs financing pact for $158m value chain programme in Northern Nigeria

The Federal Government and IFAD have signed a $158.15m financing agreement to launch the Value…

21 minutes ago

Ex-Delta gov, Emmanuel Uduaghan, returns to APC

Dr Emmanuel Ewetan Uduaghan, former two-term Governor of Delta State, has officially rejoined the All…

25 minutes ago

2025 Hajj: Oyo pilgrims depart Ibadan for Lagos

"I went to the airport two days ago and I can tell you that it…

36 minutes ago

Lagos govt grants 37, 266 buildings approval in six years — Commissioner

Most of the lands in Ibeju-Lekki, Epe, and Ikorodu are designated for agricultural purposes but…

36 minutes ago

Gombe govt approves construction of over 74km of rural roads

The Gombe State Executive Council (SEC), presided over by the State Governor, Muhammadu Inuwa Yahaya,…

38 minutes ago

Welcome

Install

This website uses cookies.