Tuesday, July 21, 2026

Naira Scarcity: Take anger to polls on February 25, Peter Obi charges Nigerians

There have been reported pockets of skirmishes in Benin City and other places arising from the recent scarcity of cash

• February 16, 2023
Peter Obi
Peter Obi

Labour Party’s presidential candidate, Peter Obi, has called on Nigerians to take their anger and frustration caused by the hardship induced by the naira scarcity to the polls on February 25. 

Mr Obi made the call on Wednesday via his official Twitter handle shortly after a bank was razed by angry Nigerians in Delta State.

“There have been reported pockets of skirmishes in Benin City and other places arising from the recent scarcity of cash. I plead with Nigerians to be patient; help is coming. The suffering and harsh economic realities have brought untold anger on the people. 

“May we, for the nation, take such anger to the polls on February 25. That is the only way to end the present suffering,” Mr Obi said. 

Some banks have been attacked and razed by angry citizens over the naira redesign policy of President Muhammadu Buhari’s regime.  

Withdrawal of old naira notes and shortage in the circulation of recoloured notes have left economic and commercial activities disrupted as Nigerians suffer to get cash.

In October, Godwin Emefiele, the governor of the Central Bank of Nigeria, announced the redesign of the N200, N500 and N1000 notes.

However, in a nationwide broadcast on Thursday morning, Mr Buhari approved the continuous use of the old N200 banknote as legal tender till April 10.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Sport

Bayelsa United resume training for NNL target NPFL return

Bayelsa United FC of Yenagoa resumed preparations for the 2026/2027 Nigeria National League season on Monday, aiming for promotion to the Nigeria Premier Football League.

Otti signing document

Economy

Abia partners SON to boost export readiness, tackle counterfeit products

The Abia government says it has partnered the Standard Organisation of Nigeria to prepare local entrepreneurs for exports and tackle counterfeit and substandard products.

Economy

Enugu extends health insurance to traders for affordable healthcare services

The Enugu State Agency for Universal Health Coverage has extended the health insurance scheme to traders to enable them to access affordable and quality healthcare services.

Federal Bureau of Investigation (FBI)

Sport

U.S. seizes 1,000 internet domains used to illegally stream 2026 World Cup matches

The U.S. government has shut down more than 1,000 internet domains that illegally streamed matches throughout the just-concluded 2026 FIFA World Cup without authorisation.

Young Progressives Party

Heading 5

2027: YPP unveils Lagos secretariat 

Mr Filani said the party was committed to rescuing Nigeria through purposeful leadership.

Yamal, Messi, Mbappe

Hot news Home top

Spain, Argentina, France top FIFA rankings 

Spain moved up one place to displace Argentina from the top spot.