New Notes: Peter Obi Appeals To Nigerians To Bear With FG, CBN

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Peter Obi

The presidential candidate of the Labour Party, Peter Obi, has urged Nigerians to bear with the Federal Government and the Central Bank of Nigeria (CBN) over the redesigned naira notes.

Obi who made the appeal on Sunday via his twitter handle, also called for patience, while expressing hope that the masses will harvest the gains that will come with the reforms.

He said the currency redesign is not peculiar to Nigeria, noting that the policy comes with some pains but has benefits in the long-term.

He further implored 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 Nigerians, especially the underprivileged and those living far away from banks in the rural areas.

Following the introduction of the redesigned N200, N500 and N1,000 banknotes by the CBN, Nigerians have continued to experience nationwide scarcity of the naira and this has been a major concern to all.

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