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Scarcity of new Naira notes threat to national peace – Kachikwu

The lack of significant use of the new Naira notes, according to Mr. Dumebi Kachikwu, African Democratic Congress, ADC, presidential candidate, poses serious challenges to the stability of the nation.

This was said by Kachikwu in an announcement on Tuesday in Abuja.

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He claimed that seeing Nigerians face protracted lines in the sweltering sun merely to withdraw their hard-earned cash was depressing.Information Guide Nigeria

He claims that in an effort to get the new notes, Nigerians are writhing in pain and being treated like less than human beings.

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“If this is not bad enough, the most political Central Bank Governor in our nation’s history seeks to plunge our nation into further chaos.

“How else can one explain this ill-conceived Naira Redesign Policy that ought to strengthen the value of our currency but now threatens our very existence as a nation?NYSC portal

“My heart broke as I watched the videos of those who stripped naked in banking halls all in a bid to collect their money.

“How do you speak of cashless banking in a country plagued by epileptic telecom networks and power blackouts?

“Who is deceiving who when many parts of Northern Nigeria don’t have bank branches and lack the infrastructure to support e-banking.

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“Was this not factored into the CBN Governor’s plan?” He asked.

According to Kachikwu, Nigerians shouldn’t have to endure hardships, particularly at a time when fuel was scarce in many areas of the nation.

He claimed that individuals waited in line for fuel for hours just to be informed they couldn’t purchase it.

He said that this was because they were out of cash and that the Point of Sale (POS) terminals were not working because neither the old nor the new Naira notes were available.

He bemoaned the lack of money, food, power, jobs, and security, adding that if these things were not properly controlled, they would all contribute to anarchy.JAMB Result

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Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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