Mr Tinubu said he would support CBN’s cashless policy but not the hurting Nigerians.
Headline inflation accelerated to 21.47 per cent in November as against 21.09 per cent in October.
“The policy will most certainly take away the jobs of thousands of young people operating POS at a time Nigeria is battling serious unemployment.”
“Aside from slowing down businesses within formal and informal markets, the new policy also has a tendency to increase the cost of doing business due to sanction on withdrawal exceeding certain
This was the submission of Job Nmadu, a professor of Econometrics at the Federal University of Technology, Minna.
“An individual can access up to N25 million,” Mr. Ahmad tweeted via his official handle.
The Organisation said the figure represented 12 percent growth over the sum of N10.9 billion disbursed during the year 2019.
Resurgent COVID-19, food supply shocks, heightened insecurity, foreign exchange policies, and higher energy costs are factor to consider.
He said the gas plant would also provide social amenities to the immediate host community.
