Naira Scarcity: Abuja residents used Easter to thank God for surviving hardship

Residents of the Federal Capital Territory (FCT), Abuja, have used the occasion of Easter to thank God for surviving the cash crunch caused by the naira redesign policy.
On Monday, the residents, in separate interviews, said they were grateful to God for being alive to celebrate the resurrection of Jesus Christ.
They said January to March was excruciating due to the Naira scarcity.
Elizabeth Joseph, a businesswoman and mother of four, said it was a “testimony” that her family survived the period.
“My husband and I are business persons, and I can say we are fairly comfortable. However, the naira scarcity wrecked us to the point that it was difficult to afford three square meals, not because we did not have money. We could not access money for a lot of things, and we had to ration our food,” Ms Joseph said.
Godswill Adah, a civil servant, said the level of hardship he went through during the period was unimaginable. He said he almost lost his aged mother, who was ill during the period because of naira scarcity.
Mr Adah also said it was difficult to go to work because he “could not get cash for transport fare.”
He said although Nigerians were still facing some challenges in obtaining cash, the situation was better in April.
“I turned to begging to be able to get as little as N500 to pay for the fare to get to the office. Thank God for the decision of the Central Bank of Nigeria (CBN) to push the old notes back into circulation,” Mr Adah explained. “I can imagine what would have become of us today if that decision was not taken.”
Eucharia Njoku, a retiree, said the government should put measures in place to prevent a repeat of the hardship at the expiration of the December 31 deadline for using old notes.
“I am hypertensive, and it was not funny at all. It is not that I did not have money, but I could not access my money. My automated teller machine (ATM) card expired, and I could not queue to get cash because of the stress,” stated Ms Njoku.
(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.”

World
TotalEnergies ‘shamelessly’ profiting from climate crisis it helped fuel, says 350.org
This comes as the oil company said it recorded a 67 per cent rise in second-quarter earnings

World
Over 450 people hospitalised as Japan battles heatwave
Temperatures hit 40C in six places in Japan on Thursday.

World
Football legend Gary Lineker joins other wealthy Britons seeking to pay more tax
Chief Secretary to the Treasury, Emma Reynolds, acknowledged the letter but noted that any major changes would be announced during a budget.

NationWide
INEC urges voters to transfer registration to new location ahead of Sunday deadline
The electoral umpire also urged Nigerians not to do fresh registration but to transfer their voter registration to their new locations before the end of the CVR on July 26.

States
Four suspected kidnappers arrested in Rivers
Ms Kaborlo said the exhibits recovered included a white minibus allegedly used to carry out the abduction.

States
Security guard arraigned for allegedly stealing Ibadan employer’s belongings worth N3.5 million
The magistrate adjourned the case until September 7 for hearing.





