Naira Scarcity: FG not deliberately stifling Nigerians — Minister

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The Federal Government says it is not deliberately stifling Nigerians with the current scarcity of Naira notes in the country.

The Minister of Information and National Orientation, Mohammed Idris, made this disclosure during a media briefing on President Bola Tinubu’s administration’s achievements in Abuja.

The minister gave an assurance that the Central Bank of Nigeria was working to make new notes available to the public for spending.

“The government is aware that there is this cry by Nigerians of the scarcity of Naira. The CBN is already working in that direction and new notes and more and new notes will be produced.

“And Nigerians will have more money to spend…

“It is not a deliberate policy to stifle Nigerians or take Naira out of Nigerians like during the Emiefele days.”

He said the Tinubu administration is optimistic that necessary steps have been taken to ensure Nigerians experience a better year in 2024.

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