Prevail On NNPC, CBN Governor,  Nigerians Suffering Over Petroleum Products, Cash, Afenifere Tells Buhari  

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By; BAYO AKAMO, Ibadan

A Pan-Yoruba socio-political organization, Afenifere has tasked President Muhammadu Buhari to prevail on the Nigerian National Petroleum Corporation (NNPC) and the Governor of Central Bank of Nigeria (CBN) to ensure that petroleum products and new Naira notes are available.

Afenifere in a statement on Monday,  said that Nigerians are still finding it very difficult to obtain cash from banks and related spots such as Deposit Monetary Banks as well as getting petroleum products .

The Pan Yoruba socio political organization in the statement signed by its National Publicity Secretary Comrade Jare Ajayi, President Buhari “should order Mr. Godwin Emefiele of the Central Bank to supply commercial banks with both the old and new naira notes adequately.

Afenifere specifically said there is the need for President Muhammadu Buhari to make good his declaration regarding the Supreme Court pronouncement on the circulation of naira notes, saying, “reports from various parts of the country are indicating that people are still finding it very difficult to obtain cash from banks and related spots such as Deposit Monetary Banks.”

According to Afenifere,  “this is making life very difficult for our people just as the situation is forcing many businesses to go under, especially small and medium scale businesses.” 

It pointed out that “as at the beginning of this week, currency notes are not only hard to come by, banks still put a limit on the amount a customer can withdraw. Even then, it was not all the banks that are giving out cash as many are still complaining of scarcity of either the old or the new notes”, and that ” if this trend continues, the country and the citizens are in for serious economic and social upheavals” 

It stressed that only last Thursday, Abuja Chamber of Commerce and Industry (ACCI) warned that the high rate of inflation that is complicating “business climate and deepened challenges facing small scale businesses”. 

” Right thinking Nigerians never cease to be amazed by disclosures from the Presidency which seem to fly against the reality of what is happening in the country. At the moment, everybody knows that not only are businesses under serious strain, Nigerians are finding it difficult to maintain what they have”, it said.

The Pan Yoruba socio political organization added, ‘ besides that, millions of people are finding it difficult to stay afloat as their means of livelihood are experiencing a lot of setbacks. It is therefore surprising to hear voices from the seat of power asserting that businesses are growing”. 

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