Zainab Ahmed: Buhari Is Unhappy Over New Notes Scarcity

According to the Minister Of Finance, Budget and National Planning — Mrs Zainab Ahmed, President Muhammadu Buhari is quite saddened over the inability of Nigerians to access the new Naira notes.

The Minister revealed this when she fielded questions from State House correspondents while featuring in the 65th edition of State House briefing on Thursday in Abuja.

She said: “Of course, we are worried; we are not that happy that citizens have to queue and struggle at bank ATM to be able to get their cash but this is a temporary solution.

“Let me just give you an analogy; if you have a wound, for your to be able to heal that wound, it needs to be dressed; sometimes, when you go to the hospital, they put iodine and it is very painful but it is necessary to that to get the wound to heal.

“So, it is not easy and the president is not happy that the citizens are really suffering; but we are convinced that it is something that needs to be done this time.’’

She concluded by saying the recent development at least made sure that those that stacked money had to unleash their treasuries, citing that as a success.

“There is still opportunity for citizens to actually take their old currency to the CBN for redemption; so it is not all over.

“But the positive side of it is that there is a lot of currency that has been mopped up by this operation and it means it has achieved a good level of success,” she said.

Categories: News

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