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Naira Scarcity; Buni, Other APC Governors Meet Buhari.



Mai Mala Buni, governor of Yobe State and other APC Governors on Friday met with the President Muhammadu Buhari, as regards to the scarcity of the new naira notes in the country following the currency redesign policy embarked upon by the Central Bank Of Nigeria.

Governor Mai Mala Buni and other APC governors were in the Presidential Villa to seek solutions to the cash crunch which they said was threatening the good records of the administration in transforming the economy.

The governors told the president that, while they agreed that his decision on the renewal of currency was good and they are fully in support, its execution had been botched and their constituents were becoming increasingly upset.

They told the president that as leaders of the government and party in their different states, they were becoming anxious about a slump in the economy and the series of elections that are coming.

Read More;Naira Scarcity; Give Me 7 Days To Fix Things -Buhari To Nigerians

They requested the president to use his powers to direct the concurrent flourish of the new and old notes till the end of the year.

The President in his response, told the governors that being closer to the people, he had heard their cries and would act in a way that there will be solution to the problems.

President Buhari further assured Nigerians that within a short period of time the situation will be resolved adding that he has been in a series of meetings with the CBN governor to map out modalities of resolving the issue before the election.

Governor Buni further made a special request to the Central Bank of Nigeria (CBN) to give a special concession and alternatives to the people of the state against the dateline for change of Naira notes.

Governor Buni said the appeal became necessary due to lack of banking services in most parts of the state.

He explained that only four out of the 17 local government areas in the state have banks, making it difficult for people in the remaining 13 local government areas to access banking services.

Buni appealed to the CBN to provide special services to such areas with special needs to avoid making them victims and loosing their money.

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