create account

TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL by eminentsam48

View this thread on: hive.blogpeakd.comecency.com
· @eminentsam48 ·
$0.05
TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL
There has been tension in the while federation, since The announcement of redesigning the currency,  which of course recieved wide  criticism all over the country due to it little or no change in design only colors and to add to that the colors can wash off, which makes it diffcult to differentiate between the original money and it's counterfeit.

![images - 2023-02-04T083824.692.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/23u6337ewisDSsMwnf3KzBjYyJDSASXxY5g9rPNJUWCj2PXMPofHNBhzU1sBdFggtRjdS.jpeg)[source](https://guardian.ng/news/protest-rocks-major-parts-of-ibadan-over-new-naira-notes-fuel-crisis/)


Well! This is Nigeria were out government has a way of always pushing their will of the populace, 

The death-line was given when the old notes will no longer become a legal tender and so with this Nigerians began hauling back their old notes to the bank hoping to get a new one, instead they were given same old notes by these banks saying there is not enough new notes in the bank

>**These were it all STARTED**

**Some aggrieved residents of Ibadan, Oyo State capital, on Friday trooped to major roads protesting over the hardship imposed on them by the new naira-notes and persistent fuel scarcity.[source](https://guardian.ng/news/protest-rocks-major-parts-of-ibadan-over-new-naira-notes-fuel-crisis/)**


![16823993_cymera20230202175624_jpeg0db84d24de2991343c06eb06cf248201.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/23xKrZPEg4QDGoP88JBZ5SpTkR8nXAWRVXYFLRmESyL2MCJJxw6qWgSoLHqQGkq5q2c1Z.jpeg)[source](
https://www.google.com/search?q=NIGERIANS+fight+inside+bank+hall&client=ms-android-transsion&prmd=ivn&sxsrf=AJOqlzVfr7uiafBUzgoWm1ekybwtL5U36g:1675500819005&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjNwoz5vvv8AhV0hv0HHTPWCh4Q_AUoAXoECAIQAQ&biw=360&bih=728&dpr=3#imgrc=7Fyc0IymBkv7YM&imgdii=SVJW7drwmKJc7M)
*Nigerian man fights dirty in the banking hall*

After much deliberation from the [house of senate](https://en.m.wikipedia.org/wiki/Senate_of_Nigeria#:~:text=The%20Senate%20is%20the%20upper,of%20the%201999%20Nigerian%20Constitution.) For the Apex Bank to extend the death line for the old notes to cease to become legal tender, the CBN has agreed to extend it, but 

![k75bsZMwYNu2L3iBMXq5y7xeiy1isFJsZxnMZSXuXEsxe4ee1cUkGyPMxdSGwHFQura3FztAYgn89XUkp98ZbtSkbjBCpzsJnh5HUxKuFyJEA3y743wWZWk5iXsJXFtatACJ8nv5UwLPayKF46YGS9bhpmhXz7tEA.png](https://files.peakd.com/file/peakd-hive/eminentsam48/EoGvX4fhcsCUhrW5hb5Y65CBq8a8L2ebU1F9yJtu5tsoWrrVNxb63AuiWRf3oYqx6v8.png)

**THE BIG ISSUE IS THERE IS NO ENOUGH NEW NOTES TO GO ROUND**

These alone got me really worried why THE CBN will embarked on such massive project if redesigning our currency without making appropriate equivalent amount of cash to counter the old notes, since they also instruct Nigerians to go their banks and exchange their old notes for the new ones, but big big problem now is that when people go to the bank to exchange these money there is no new notes to give out so people are now stranded in the banks ATM centres, POS centres just to withdraw money
Some times they can spend the entire day at these places just to get funds
![368La1qZAv72FqVwi1Et2LrexGk5UkK3zoADVBeXZweLYfmtJkiFYThjJNPoaYnjpnvJP9Ds1QsnNdU9dqLQVT5g.png](https://files.peakd.com/file/peakd-hive/eminentsam48/23tmBTazyEq2UQYBghN1xVQc9HYgTPAH1Jxb7VTcDNV8SH32Tbr8hQTaP36mqeFLey68m.png)

>***The VP spoke just as the President in a meeting with some All Progressives Congress (APC) governors at the Presidential Villa, assured the nation that the challenges are being addressed and would be solved very soon,  some of the concerns arising from the redesign of the new naira notes, the VP stated that is more disturbing is the fact that after depositing your old notes, there are no new notes, so people everywhere in the urban areas and rural areas simply have no money.”***


![images - 2023-02-04T095650.580.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/23zS168CuN45HpnJw91JUSKv64Ps716TnSUXse1zMYEdzbgcTvscXaEgRMVoVgcAHNrdn.jpeg)
[source](https://guardian.ng/news/protest-rocks-major-parts-of-ibadan-over-new-naira-notes-fuel-crisis/)
*Long hours of waiting queue in banking hall*
![images - 2023-02-04T095617.489.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/Ep7uaRi3m7W8EWSCgHnRnNwfxP62Rb4txT3Jhf2oqiy3oUvyhGRRG4fW2VdYboiUvsJ.jpeg)[source](https://guardian.ng/news/protest-rocks-major-parts-of-ibadan-over-new-naira-notes-fuel-crisis/) *and At ATM Point out side just to withdraw money*

>***The Vice President acknowledged that there are logistical challenges that have to be addressed by the CBN and the banks, especially from the point of view of the average Nigerian and those in the hinterland who hardly use any electronic platforms.[source](https://businessday.ng/amp/news/article/osinbajo-expresses-worry-over-difficulty-in-getting-new-naira-notes/)***

These as resulted in so many bottleneck experience in business consumption as there is no money to buy things cause in fear if these old notes going obsolete people are scared to accept it, the final death-line is February 10th.

![images - 2023-02-04T083910.464.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/Ep7uX9UwJhi3wJzQEjcbS7aB3bBoaGMjNPHc8ffXJr1UEHDaYB9Cqxde4gHk4P8GYvB.jpeg)[source](https://businessday.ng/amp/news/article/osinbajo-expresses-worry-over-difficulty-in-getting-new-naira-notes/)

>***The cash crunch that hit most banks in the country since Monday, January 30, 2023 continued yesterday as banks said they have not been getting enough cash from the Central Bank of Nigeria (CBN) to disburse to their customers.[source](https://guardian.ng/news/protest-rocks-major-parts-of-ibadan-over-new-naira-notes-fuel-crisis/)***
 

![Screenshot_20230204-082212_1.jpg](https://files.peakd.com/file/peakd-hive/eminentsam48/23yTh7ghvcshMUFw6kXoxyhgNQAWNo3skbK8otCWH8nP38E8KFtC7BSVUig6AGNzVoTn9.jpg)
*Long queues at the ATM*


>***Nigerians have been reduced to moving from one ATM point to another in search of new Naira notes that should have been abundantly supplied. Pressure has  been on  bank workers who interface with the angry public  in the process of depositing old or withdrawing the new notes, and we request urgent actions by the CBN to avoid attacks and other unruly actions against these bank workers as their safety and health are of great concern to the union to us in ASSBIFI,” Oluwole said.[source](https://leadership.ng/naira-swap-bank-chiefs-challenge-cbn-on-quantity-of-new-notes/)***

These is really Having a serious adverse effect on the economy, Nigerians can't buy or sale, businesses are affected the most, this is really affecting the common man so negatively, Nigerians fight, struggle, quarrel in public just to withdraw their own money, it's not easy to make money alone now you decide to save same in the bank but to withdraw it becomes a thing of fights

Heard of Unconfirmed report of a pregnant woman who slumps and dies at the ATM queue just to get her money after standing for long hours.

![images - 2023-02-04T083653.200.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/245cf5X4BpqktcCtHqDW6wvotucr4Tz2mwCKpTECk9WqLEbbYPHYCWsKvQiSCNp6QPHDk.jpeg)[source](https://businessday.ng/amp/news/article/osinbajo-expresses-worry-over-difficulty-in-getting-new-naira-notes/)

***NIGERIANS FIGHT OVER SCARCITY OF FUEL***

![Screenshot_20230204-085052_1.jpg](https://files.peakd.com/file/peakd-hive/eminentsam48/Eokcgjizia5EWmQQB9ktgku2RLRdHfFxSot5kmcNVQTSXkrEEqvjUM35L35uvtUgfXj.jpg)
Yesterday at the gas station I witnessed a fight between these two, after an argument ensued between them both, the price of PMS now in Nigeria is over the roof which is so making everything very expensive coupled with the shortage of cash in the economy, but why do we have to go thru so much hectic stress of some indecisiveness or wrong actions or inactions of someone at the hem of affairs in coordinating the workings of these country, why not seat down to fully deliberate on these, 
![Screenshot_20230204-085057_1.jpg](https://files.peakd.com/file/peakd-hive/eminentsam48/23vsN2RjKZaK7upp59eQ7EvoC8TgXJjH1Gu97CVV6KJ36ZrgaprXF8ZT6ASPtShUdUPhx.jpg)

If The CBN really wanted to redesign these currencies to mop out the old ones while not reprint the exact same amount that is in the bank vault to counter the old notes, Nigeria is currently the most populated country in Africa, and knowing how many people will need to get access to their money in order to do business or one thing or the other why didn't they take these into consideration before launching their opinion on Nigerians.

![YpihifdXP4WNbGMdjw7e3DuhJWBvCw4SfuLZsrnJYHEpsqZFkiGGNCQ2a4p1tGyhGW1pUXong6wrFifz1Ejnpi9wUWTpCcBPDe7nYJT2C6KK6BQknaRubVYYekx42JRzqVSzbgfQv23iESx7Cx1dFkVXoixTs59x2QbFgV6Zh4Tx.jpeg](https://files.peakd.com/file/peakd-hive/eminentsam48/24244S4NDuEwSaygb9JKoCnL1MM3U5C2VtVtBmRRoeAVvcTnA495MbRxW1Gds2sYygkQg.jpeg)
👍  , , , , , , , , , , , , , , , , , , , ,
properties (23)
authoreminentsam48
permlinkturmoil-in-nigeria-over-scarcity-of-new-naira-notes--scarcity-of-fuel
categoryhive-122315
json_metadata{"app":"peakd/2023.1.1","format":"markdown","tags":["leofinance","informationwar","hivenaija","deepdives","hivenaijaweekly","ocd","ocdb","proofofbrain","neoxian","cent"],"users":[],"image":["https://files.peakd.com/file/peakd-hive/eminentsam48/23u6337ewisDSsMwnf3KzBjYyJDSASXxY5g9rPNJUWCj2PXMPofHNBhzU1sBdFggtRjdS.jpeg","https://files.peakd.com/file/peakd-hive/eminentsam48/23xKrZPEg4QDGoP88JBZ5SpTkR8nXAWRVXYFLRmESyL2MCJJxw6qWgSoLHqQGkq5q2c1Z.jpeg","https://files.peakd.com/file/peakd-hive/eminentsam48/EoGvX4fhcsCUhrW5hb5Y65CBq8a8L2ebU1F9yJtu5tsoWrrVNxb63AuiWRf3oYqx6v8.png","https://files.peakd.com/file/peakd-hive/eminentsam48/23tmBTazyEq2UQYBghN1xVQc9HYgTPAH1Jxb7VTcDNV8SH32Tbr8hQTaP36mqeFLey68m.png","https://files.peakd.com/file/peakd-hive/eminentsam48/23zS168CuN45HpnJw91JUSKv64Ps716TnSUXse1zMYEdzbgcTvscXaEgRMVoVgcAHNrdn.jpeg","https://files.peakd.com/file/peakd-hive/eminentsam48/Ep7uaRi3m7W8EWSCgHnRnNwfxP62Rb4txT3Jhf2oqiy3oUvyhGRRG4fW2VdYboiUvsJ.jpeg","https://files.peakd.com/file/peakd-hive/eminentsam48/Ep7uX9UwJhi3wJzQEjcbS7aB3bBoaGMjNPHc8ffXJr1UEHDaYB9Cqxde4gHk4P8GYvB.jpeg","https://files.peakd.com/file/peakd-hive/eminentsam48/23yTh7ghvcshMUFw6kXoxyhgNQAWNo3skbK8otCWH8nP38E8KFtC7BSVUig6AGNzVoTn9.jpg","https://files.peakd.com/file/peakd-hive/eminentsam48/245cf5X4BpqktcCtHqDW6wvotucr4Tz2mwCKpTECk9WqLEbbYPHYCWsKvQiSCNp6QPHDk.jpeg","https://files.peakd.com/file/peakd-hive/eminentsam48/Eokcgjizia5EWmQQB9ktgku2RLRdHfFxSot5kmcNVQTSXkrEEqvjUM35L35uvtUgfXj.jpg","https://files.peakd.com/file/peakd-hive/eminentsam48/23vsN2RjKZaK7upp59eQ7EvoC8TgXJjH1Gu97CVV6KJ36ZrgaprXF8ZT6ASPtShUdUPhx.jpg","https://files.peakd.com/file/peakd-hive/eminentsam48/24244S4NDuEwSaygb9JKoCnL1MM3U5C2VtVtBmRRoeAVvcTnA495MbRxW1Gds2sYygkQg.jpeg"]}
created2023-02-04 09:10:57
last_update2023-02-04 09:10:57
depth0
children9
last_payout2023-02-11 09:10:57
cashout_time1969-12-31 23:59:59
total_payout_value0.027 HBD
curator_payout_value0.023 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length8,921
author_reputation44,018,451,466,764
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries
0.
accounthiveonboard
weight100
1.
accountocdb
weight100
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,477,932
net_rshares96,525,987,770
author_curate_reward""
vote details (21)
@etorobong ·
It really unfortunate how people are suffering in the country, you have money to withdraw is a problem you finally withdraw no fuel 
properties (22)
authoretorobong
permlinkre-eminentsam48-202324t13504857z
categoryhive-122315
json_metadata{"tags":["hive-122315","leofinance","informationwar","hivenaija","deepdives","hivenaijaweekly","ocd","ocdb","proofofbrain","neoxian","cent"],"app":"ecency/3.0.34-mobile","format":"markdown+html"}
created2023-02-04 12:50:57
last_update2023-02-04 12:50:57
depth1
children1
last_payout2023-02-11 12:50:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length132
author_reputation127,751,530,149,867
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,481,791
net_rshares0
@eminentsam48 ·
😂,. Nigeria is so full of dramas..
THANKS for seeing this my way
properties (22)
authoreminentsam48
permlinkre-etorobong-rpl7oo
categoryhive-122315
json_metadata{"tags":["hive-122315"],"app":"peakd/2023.1.1"}
created2023-02-05 03:14:54
last_update2023-02-05 03:14:54
depth2
children0
last_payout2023-02-12 03:14:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length64
author_reputation44,018,451,466,764
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,499,721
net_rshares0
@etorobong ·
It really unfortunate how people are suffering in the country, you have money to withdraw is a problem you finally withdraw no fuel 
properties (22)
authoretorobong
permlinkre-eminentsam48-202324t135114164z
categoryhive-122315
json_metadata{"tags":["hive-122315","leofinance","informationwar","hivenaija","deepdives","hivenaijaweekly","ocd","ocdb","proofofbrain","neoxian","cent"],"app":"ecency/3.0.34-mobile","format":"markdown+html"}
created2023-02-04 12:51:21
last_update2023-02-04 12:51:21
depth1
children0
last_payout2023-02-11 12:51:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length132
author_reputation127,751,530,149,867
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,481,799
net_rshares0
@mummygo ·
We're really suffering in this country
This too shall pass
properties (22)
authormummygo
permlinkre-eminentsam48-2023213t22123189z
categoryhive-122315
json_metadata{"tags":["leofinance","informationwar","hivenaija","deepdives","hivenaijaweekly","ocd","ocdb","proofofbrain","neoxian","cent"],"app":"ecency/3.0.31-vision","format":"markdown+html"}
created2023-02-13 21:12:33
last_update2023-02-13 21:12:33
depth1
children1
last_payout2023-02-20 21:12:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length58
author_reputation26,262,999,551,273
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,754,017
net_rshares0
@eminentsam48 ·
for sure, dear thanks for stopping by
properties (22)
authoreminentsam48
permlinkre-mummygo-rr01bo
categoryhive-122315
json_metadata{"tags":["hive-122315"],"app":"peakd/2023.2.3"}
created2023-03-04 13:55:03
last_update2023-03-04 13:55:03
depth2
children0
last_payout2023-03-11 13:55:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length38
author_reputation44,018,451,466,764
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id121,324,713
net_rshares0
@nevies ·
Boy, it's really crazy out here. I'm a Nigerian in Nigeria, but luckily for me I've not had to queue up and all that because I don't have a car, I don't use fuel, I use solar. I've also been withdrawing only a little money at a time from POS and keeping it going. I also work from home so I don't even go out to witness the craziness. Damn 😅

I hope all these stops soon, the one about cash is the easiest to stop, that better happens soon.

Posted using [Proof of Brain](https://www.proofofbrain.io/@nevies/re-eminentsam48-ldpr3z5z)
properties (22)
authornevies
permlinkre-eminentsam48-ldpr3z5z
categoryhive-122315
json_metadata{"tags":["proofofbrain"],"format":"markdown","canonical_url":"https://www.proofofbrain.io/@nevies/re-eminentsam48-ldpr3z5z","app":"proofofbrain/1.1.0"}
created2023-02-04 09:26:48
last_update2023-02-04 09:26:48
depth1
children3
last_payout2023-02-11 09:26:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length533
author_reputation73,269,862,515,652
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,478,142
net_rshares0
@eminentsam48 ·
Wow, what an easy life, it's okay for some of us but can you even imagine millions of others who do not even have a clue to what you're enjoying not to talk of  those in the interior villages ...

Nigeria is just so dramatic man
properties (22)
authoreminentsam48
permlinkre-nevies-rpjy1l
categoryhive-122315
json_metadata{"tags":["hive-122315"],"app":"peakd/2023.1.1"}
created2023-02-04 10:49:00
last_update2023-02-04 10:49:00
depth2
children2
last_payout2023-02-11 10:49:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length228
author_reputation44,018,451,466,764
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,479,564
net_rshares0
@nevies ·
I'm such a lucky bastard, guy. I see all the sufferings and I feel everyone's pain, though. It's really sad. I hope it doesn't go on for long.
properties (22)
authornevies
permlinkre-eminentsam48-202324t143229512z
categoryhive-122315
json_metadata{"tags":["hive-122315"],"app":"ecency/3.0.36-mobile","format":"markdown+html"}
created2023-02-04 13:32:30
last_update2023-02-04 13:32:30
depth3
children1
last_payout2023-02-11 13:32:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length142
author_reputation73,269,862,515,652
root_title"TURMOIL IN NIGERIA OVER SCARCITY OF NEW NAIRA NOTES + SCARCITY OF FUEL"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,482,668
net_rshares0