The presidential candidate of the Labour Party (LP) Mr. Peter Obi has urged Nigerians to bear with the Central Bank of Nigeria (CBN), adding that currency redesign is not peculiar to Nigeria. He said, it is an exercise that comes with some inconvenience and pain but has significant long-term 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” Obi said.
The former Anambra State governor, however, 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 in the rural areas, far away from banks.
