Thursday, July 16, 2026

Sowore calls for protest against Buhari regime over fuel, naira scarcity

The policy was, according to CBN, targeted at recovering over 80 per cent of the country’s currency hoarded outside the banking system.

• February 1, 2023
Omoyele Sowore
Omoyele Sowore. [CREDIT: Tech Crunch]

Omoyele Sowore, the presidential candidate of the African Action Congress (AAC) for the 2023, has joined calls for protest against President Muhammadu Buhari over lingering fuel scarcity, shortage of naira in circulation and other challenges in the country.

“I am in total support of mass action against the inhuman @MBuhari regime over currency crisis, petroleum scarcity, unpaid allowances to senior @policeng officers and general suffering inflicted on Nigerians,” Mr Sowore said.

The AAC candidate disclosed this in a tweet on Wednesday as Nigerians groan of fuel scarcity and scarcity of currency.

For over a year, since it started in 2021, severe fuel scarcity has disrupted economic and commercial activities across the country with Nigerians suffering on long queues to get fuel at increased prices daily.

Similarly, there has been a shortage of the naira in circulation due to the failed naira redesign policy of the Buhari-led regime championed by the Central Bank of Nigeria’s governor, Godwin Emefiele. 

The policy was, according to CBN, targeted at recovering over 80 per cent of the country’s currency hoarded outside the banking system.

However, the mop out of huge chunks of old naira notes -N1000, N500, N200 – has resulted in acute shortage of banknotes in an economy that is overwhelmingly cash-based.

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.”

The United States Africa Command (AFRICOM) and the Kingdom of Morocco's Royal Armed Forces signed a memorandum of understanding

Africa

Anti-Terrorism: U.S AFRICOM, Morocco to establish tech-driven training, experimentation centre in Africa

Mr Anderson said the centre would increase readiness and advance capabilities of both nations.

Argentina players celebrating after the match against England 

Sport

Argentina stun England to set up World Cup final clash with Spain

Spain defeated France 2-0 at the Dallas Stadium on Tuesday to qualify for the final. 

Nigerian International Passport

NationWide

FG enhances international recognition of Nigerian passports

Mr Akinlabi said the milestone was achieved on July 13. 

Federation Account Allocation Committee

Heading 3

FG, states, LGs shared N2.550 trillion June revenue: FAAC 

Mr Mokwa said the revenue was shared at the July meeting of the committee.

UK Metro Police

Heading 2

14-year-old boy charged with terror offences targeting London mosques

The boy was arrested on 9 July on suspicion of criminal damage to a vehicle.

Alleged rape victim

States

Delta content creator arrested after alleged rape victim dies by suicide

According to the victim, Mr Ogbonna initially demanded sex in exchange for financial help.Â