Nigeria: New Naira Notes - I Know Nigerians Are 'Facing Hardship' - Buhari

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Nigeria: New Naira Notes - I Know Nigerians Are 'Facing Hardship' - Buhari
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New Naira Notes - I Know Nigerians Are 'Facing Hardship' - Buhari PremiumTimesng: Nigeria

said Saturday that he is aware poor Nigerians are 'facing hardship' due to the currency change policy of the government."While taking note that the poorest section of society is facing hardship as they often keep hard cash at home for various expenses, President Buhari gave strong assurances that the government will not leave them to their own fate," Mr Shehu stated.

While many Nigerians have called for an extension of the deadline, Mr Buhari kept mum on any extension in his statement. Reacting to reports of long queues of people waiting for hours for their turn to deposit old notes and get new ones, triggering public anger and opposition's criticism, President Buhari reiterated that the currency changes were aimed at people hoarding illicit funds and not the common man, and that it had become necessary to prevent counterfeits, corruption, and terrorist funding. This, he assured, will stabilize and strengthen the economy.

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