Tinubu Makes Passionate Appeal to Nigerians as Fuel, New Naira Notes Scarcity Bites Harder

Tinubu Makes Passionate Appeal to Nigerians as Fuel, New Naira Notes Scarcity Bites Harder

  • The APC flagbearer, Bola Tinubu, has urged Nigerians to be calm as the scarcity of the new naira notes bites harder
  • Whilst Nigerians are lamenting bitterly over being unable to access their cash in banks, Tinubu has appealed to the electorates to be patient
  • The former governor of Lagos state noted that the government and relevant agencies are working to solve the naira and fuel scarcity

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With the scarcity of new Naira notes and fuel unabated in many parts of the country, the All Progressives Congress' Presidential Candidate Asiwaju Bola Ahmed Tinubu has once again appealed to Nigerians to remain calm as the government and relevant agencies continue to work out solutions.

Speaking in Abuja on Tuesday, February 7, Bola Tinubu said he sympathises with the people, especially the downtrodden, who have been made to bear the brunt of the new naira policy by the Central Bank of Nigeria and irregular supply of petrol, that have combined to inflict avoidable pains on the masses.

Bola Tinubu, CBN, new naira notes scarcity, fuel scarcity, APC
Tinubu appeals to Nigerians to remain calm as the new naira notes, fuel scarcity bites harder. Photo credit: Asiwaju Bola Ahmed Tinubu
Source: Facebook

Tinubu calls for calm as Nigerians groan over new currency, fuel scarcity

He made the appeal in a statement issued in Abuja by Bayo Onanuga, the director of Media and Publicity, APC Presidential Campaign Council and sent to Legit.ng.

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Tinubu commended NNPC Limited for the fuel supply relief currently enjoyed in the Federal Capital Territory and urged the company to step up its act to spread the relief around the country.

He also urged the CBN to refrain from being dogmatic in the deadline it has fixed for the transition from old Naira notes to the new ones, especially as the unintended consequence of the policy has brought massive hardship to the people.

Tinubu, the former governor of Lagos state, said he was distressed by the news of cash-trapped farmers selling their products at unreasonably low prices to avoid losing everything, as such a dispiriting experience may become a disincentive to hardworking farmers.

He assured Nigerians that the current challenges would soon be over and pleaded with people to avoid anything capable of causing unrest in the country, even when they are justifiably angry.

Tinubu beg Nigerians

"This is a challenging period in the life of our country when our people are made to stay on the line for hours to get fuel and even get their own money from the banks.
"I empathise with Nigerians across the country, especially the poor masses who have been made to bear the brunt and pains of the CBN Naira policy and fuel scarcity the most.
“While government continues to work to solve these problems, let's stay calm, maintain the peace and continue to shun and avoid any act capable of causing civil unrest and disharmony.
"What the opposition and enemies of democracy want is to create a state of national siege and tension that can disrupt the coming general elections and create an atmosphere of strife in our country.

“We must say no to them. We must be resolute and stand firm to protect our democracy by ensuring we hold our elections in a peaceful and orderly manner.
"I am in this race to bring renewed hope and prosperity to all Nigerians.
“There are no challenges that will be difficult for us as a people to surmount when we stand in unity of purpose.
“When you elect me, I will work to ensure security, economic prosperity, national unity and cohesion and we will together build a country that will be a source of joy to us all and a pride to every black person everywhere in the world," Tinubu said.

Naira swap: Court gives fresh verdict on CBN's deadline on use of old notes

A Federal Capital Territory (FCT) high court has compelled the Central Bank of Nigeria (CBN) to fully implement the controversial naira redesign policy.

The court delivered the ruling on Monday, February 6, in the suit marked FCT/HC/CV/2234/2023, according to a report filed by TheCable.

Legit.ng gathers that the court restrained the CBN from extending the deadline for using old naira notes.

Naira redesign: Three northern states drag Buhari to court

Meanwhile, President Muhammadu Buhari's naira redesign policy has pitched him against his kinsmen as three northern states have dragged him to the Supreme Court.

Kaduna, Kogi and Zamfara states expressed their worries about the effects of the Central Bank of Nigeria's naira redesign policy while asking the apex court for a restraining order on the full implementation of the policy.

In an ex-parte motion filed through their lawyer, AbdulHakeem Uthman Mustapha (SAN), the states asked the court for an interim injunction to stop the Buhari-led federal government either by itself, acting through CBN, commercial banks or its agents from carrying out the plan.

Source: Legit.ng

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