The Central Bank of Nigeria’s policy has been blamed for causing undue hardship for Nigerians.

Director-general, Michael Imoudu National Institute for Labour Studies (MINILS), Ilorin, Kwara State, Issa Aremu recently said this at a workshop organised by the Labour Writers Association of Nigeria (LAWAN), in collaboration with Friedrich Ebert Stiftung (FES), in Lagos.Information Guide Nigeria

Speaking on the theme: “Beyond Voting: Roles of Citizens in Ensuring a Free, Fair and Transparent 2023 Election,” Aremu attributed the problem to poor consultation by the management of Central Bank.NYSC portal

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Aremu said, “The people you are swapping the naira for cannot access the currency.”

He opined that if the CBN governor, Godwin Emefiele caused the kind of crisis as a staff in a bank, he would have been fired.

According to SUN NEWS, Aremu advised that the next CBN governor must not be a banker, but an independent person that would perform better in office.

Also speaking, the president, Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), Olusoji Oluwole, said: “Our industry has been demonised as a result of cash crunch and fuel scarcity.

“We are resolute that the crisis of naira scarcity should come to an end.”JAMB Result