Nigerians need cash now - Osinbajo laments naira scarcity

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Nigerians need cash now - Osinbajo laments naira scarcity
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Vice President Yemi Osinbajo, SAN, has expressed concern over difficulty experienced by Nigerians in getting the new naira notes. The VP on Friday in

Vice President Yemi Osinbajo, SAN, has expressed concern over difficulty experienced by Nigerians in getting the new naira notes.

Osinbajo urged the Central Bank of Nigeria and banks to deploy more FinTechs and money agents to the hinterlands to address the worrying situation.“In Abuja how do you take ‘drop or along’ or use a Keke NAPEP without cash, or buy foodstuff on the road or in canteens, or even buy recharge cards? Osinbajo said it was disturbing that after depositing old notes, there are no new notes: “People everywhere in the urban areas and rural areas simply have no money.”

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