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Naira Redesign:Obi Appeals To Nigerians To Bear With CBN, Federal Government

by Actual News
3 years ago
in News
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Presidential candidate of the Labour Party (LP) Peter Obi has enjoined  Nigerians to bear with the current pain and inconvenience occasioned by redesigning the Naira.
He said the policy would bring significant long-term economic and social benefits if it is sustained.

Obi in a statement on his verified social media handles said: “The currency redesign is not peculiar to Nigeria. It is an exercise that comes with some inconvenience and pain but it has significant long term economic and social benefits.

Obi further advised the CBN and commercial banks to speed up efforts to make the new naira notes available to small depositors and unbanked Nigerians.

He said: “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.”

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