“The new naira regime has inflicted much hardship”- Osun Monarch Makes Case for Nigerians.

“It’s worsening every day. As a father with a voice, I must speak out”- Oluwo

Osun Monarch, Oba Abdulrosheed Adewale Akanbi has reacted to the current scarcity of the new naira notes pervading the country.

The Oluwo, in a statement on Wednesday, lamented how difficult it has been getting the notes; he stated that the introduction of the new notes has brought so much hardship to Nigerians

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

Further, he disapproves the introduction of the new notes stating that the Central Bank of Nigeria, (CBN) did not provide adequate measures to enable an easy flow of the currency into circulation

New Naira Notes

Oba Akanbi, however, called on the CBN governor, Mr. Godwin Emefiele to apologize to Nigerians for inducing such hardship; he also explained that the decision of the CBN would have a negative impact on Independent National Electoral Commission (INEC) as the election period draws near.

“The CBN governor, Godwin Emefiele owe Nigerians apology for inducing such a hardship. I’m yet to be convinced about the introduction of a new naira note without proper measures to provide an 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 bad at a time INEC will need resources for logistics.” He added.

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