By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Currency crisis: Peter Obi appeals to Nigerians to bear with CBN

Last updated: February 5, 2023 9:33 pm
3 years ago
Share
1 Min Read
aitlive 4 3
Labour Party Presidential candidate, Peter Obi

Presidential candidate of the Labour Party, Peter Obi has described the Naira currency note redesign as an exercise that will come with numerous economic benefits in the future calling on Nigerians to show understanding with the government.

In a statement released on his verified twitter handle, Obi who said the policy is not peculiar to Nigeria alone, explained that “the exercise comes with some inconvenience and pain but it has significant long-term economic and social benefits”.

Also Read: 2023 Presidential Election: Southern, Middle Belt Leaders back Peter Obi

Obi appealed to Nigerians to bear with the Central Bank of Nigeria and Federal Government with the hope that the general populace and Nigeria will harvest the gains that will come with the reforms.

He however asked 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 on Nigerians especially the underprivileged and those living far away from banks in the rural areas.

(Editor: Terverr Tyav)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • National Energy Champions Confirm Participation at Libya Energy & Economic Summit 2026 December 29, 2025
  • Dr. Rasha Kelej meets Burundi First Lady for the 12th Edition of Merck Foundation Africa Asia Luminary to discuss their joint programs to build healthcare capacity and support Girl Education December 29, 2025
  • Orange Middle East & Africa and the Confederation of African Football sign a landmark agreement for the mobile broadcast via the Max it super app December 29, 2025
  • Mercy Ships and Madagascar Celebrate the Conclusion of a Successful Field Service with Plans to Continue Next Year December 29, 2025
  • TECNO Glory Night Awards, Co-Hosted with TikTok Live and Confederation of African Football (CAF), Celebrated Africa’s Top Influencers and the “Power Your Moment” Spirit at Africa Cup of Nations (AFCON) Morocco December 29, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?