Chairman, House of Representatives Committee on Diaspora, Tolulope Akande-Sadipe, has called out the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, over the new naira policy.
The shortage of cash in the economy, due to the CBN policy has led to immense hardship in the country. Akande-Sadipe, who recently collaborated with a senatorial candidate in Oyo State to rehabilitate a kilometre stretch of Ayegun-Oleyo road in her Oluyole constituency, said the petrol scarcity, caused by smuggling of the product to neighbouring countries compounded the problem.
In a statement issued by her media aide, Olusada Olamilekan, the lawmaker lamented: “It is unacceptable for the CBN to leave the citizens of this great nation to suffer because of its lack of foresight and planning. The naira redesign is a good initiative, but the deadline was not well thought out. The implementation and procedural policy is a major failure.SIMILARLY, Sen.
The senator also disclosed that the apex bank was directed to open an exchange window for Nigerians, who do not have bank accounts to deposit their old notes in exchange for new ones, a decision he said Emefiele failed to implement.
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