The presidential candidate of the Labour Party, Peter Obi, has pleaded with Nigerians to bear with the Central Bank of Nigeria and the Federal Government over the scarcity of the redesigned naira notes and the biting challenges experienced across the country.
Taking to his Twitter handle on Sunday, Obi said currency redesigning was not peculiar to Nigeria, noting that the inconveniences experienced now would yield longterm economic benefits.
He however added that improvements could have been made in the implementation.
Obi said, “The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant longterm economic and social benefits. Even though there are improvements that can be made.
“I urge Nigerians to bear with the CBN and Federal Government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.
“We equally implore the CBN and the banks to expedite efforts to make the new currency available to small depositors and the unbanked in order to reduce the pains of my fellow Nigerians, especially the underprivileged and those living far away from banks in the rural areas.”
