‘COVID-23’ ravaging Nigerians due to CBN-induced naira scarcity: Ganduje

Governor Abdullahi Ganduje declared that the Central Bank of Nigeria (CBN) inflicted suffering on Nigerians from what he described as “COVID-23” following the worsening scarcity of naira notes.
Mr Ganduje said while distributing palliatives to residents to cushion the effect of the naira scarcity at the Government House on Monday.
”Today, our citizens are being faced with COVID-23 caused by the Central Bank of Nigeria (CBN),” the governor said in reference to the coronavirus pandemic (COVID-19) that ravaged the world for more than two years.
Since the banknotes were unveiled on December 15, Nigerians have struggled to get them from banks and automated teller machines nationwide.
Mr Ganduje, who stressed that Nigerians faced the hardships they did not bargain for, said no one foresaw them.
”We earlier thought it was a simple disease, but unfortunately, it turned out to be a very serious virus. This virus which came from the CBN, has affected all our commercial banks, our POS, our ATMs and all other things associated with this,” he explained.
Mr Ganduje added, “We will not stop blaming the CBN for this economic blunder. We love our people. Therefore anything that will disturb their well-being must be rejected.”
The governor said Kano, the country’s most populous state, is the most affected by the unfortunate development.
He said beneficiaries of the palliatives are from all the 44 local government areas of the state.
Mr Ganduje faulted those supporting the hardship caused by the ill-timed naira redesign, describing it as unfortunate.
(NAN)
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

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

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.”

NationWide
Nigeria@66: Industrial sector shakeholders seek productivity over stability
Mr Yusuf said the federal government should sustain macroeconomic stability and address national security, power and transport priorities.

States
Oyo estate agent arraigned over alleged stealing
The prosecutor, ASP Olagoke Adegbenro, told the court that the defendant committed the offences in July 2026 at Odo-Ona Elewe, Ibadan.

NationWide
Digital connectivity crucial to Nigeria’s trade competitiveness, says trade minister
Ms Oluwole said that infrastructure should translate into economic opportunities.

World
Trump launches A.I.-powered website where Americans can ask questions on benefits, services
Mr Trump said “With America.gov, the entire government will fit in the palm of your hand.

World
Cocaine kept as evidence in major drug trial stolen from Fiji courtroom, replaced with flour
Justice Minister Siromi Turaga expressed disappointment and shock over the incident.

States
From Niger Mining Pit to Cemetery: Endless anguish, fears of survivors, families, residents
Mr Muhammed said three of his brothers who were miners died in Niger NSCDC custody.





