The Labour Party presidential candidate, Peter Obi, has pleaded with Nigerians to be patient with the central Bank of Nigeria, CBN, while also urging the Apex bank and the other financial institutions, to put measures in place to alleviate the pains of Nigerians. This is what he said in a tweet:
“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.”
