Thursday, January 30, 2025

New Naira Notes: Be kind to the poor, Gov Bauchi tells FG

The Governor of Bauchi State, Bala Mohammed, has called on the Federal Government and the Central Bank of Nigeria, the CBN, to find a way to reduce the hardship Nigerians are facing in getting the new naira notes.

It has been difficult for Nigerians to access the new naira notes, forcing the CBN to extend the January 31 deadline for the old notes to serve as legal tender.

Commenting on the issue on his Facebook profile, the governor also called on the security forces to punish bankers and operators who hide the new notes.

READ MORE: You have nothing to offer Nigerians – Governor Emmanuel Blasts Tinubu

He said, “Let pity the poor, Let have compassion for the people. In addition to the scarcity and high prices of fuel, kerosene and gas that have been going on for more than a year, especially in the North, people are in terrible conditions as a result of currency changes. In most places, there are no old notes, let alone new ones, and before accessing them one must suffer severely.

“With this, I am calling on the federal government and the Central Bank of Nigeria to provide ways to facilitate the provision of the notes to banks and the people to enable them to carry on with their day-to-day activities. We call on the security agencies to monitor arrest and punish bank officials and POS operators who hide new currency notes or sell them because this act violates the provisions of laws.”

 

 

 

 

Hot this week

Tinubu’s Reforms Recover 5% of Nigeria’s GDP, Spark $8 Billion in Investments – Finance Minister

President Bola Tinubu’s economic reforms have restored stability to...

Mining Reform: Nigeria Targets 50% Private Investment in Solid Minerals Corporation

The Minister of Solid Minerals Development, Dr. Dele Alake,...

Lagos Takes Action Against Illegal Stalls to Tackle Flooding, Beautify Environment

The Lagos State Government is taking decisive steps to...

Nigeria Secures $1.1bn AfDB Loan to Power 5 Million Homes by 2026

Nigeria has secured a $1.1 billion loan from the...

Fighting in Sudan Torches Key Oil Refinery, Threatening Economy and Lives

Sudan’s largest oil refinery is now a charred ruin,...

West Africa’s Big Split: What Happens After Three Nations Quit ECOWAS?

Mali, Burkina Faso, and Niger have officially left the...

Cashless Boom: Nigerians Spend N1.07 Quadrillion via E-Payments in 2024

Nigerians are embracing digital payments more than ever, with...

Nigeria’s Fuel Imports Drop to Eight-Year Low as Dangote Refinery Expands

Nigeria’s fuel imports have fallen to their lowest level...

Nigeria’s 50% Tariff Hike Could Unlock $150m, Expand 4G to Millions – GSMA

A 50% increase in mobile tariffs could inject over...

Nigeria Secures $1.1bn AfDB Loan to Power 5 Million Homes by 2026

Nigeria has secured a $1.1 billion loan from the...

Mining Reform: Nigeria Targets 50% Private Investment in Solid Minerals Corporation

The Minister of Solid Minerals Development, Dr. Dele Alake,...

Related Articles

Popular Categories