CBN to Expedite Action on Quick Circulation of New Naira Notes
By Michael Nnebife
The traditional ruler of Oko Community in Orumba North Local Government Area of Anambra State, Igwe Prof Laz Ekwueme, has appealed to the Federal Government and the Central Bank of Nigeria (CBN), to expedite action in encouraging quick circulation of the new Naira notes by the commercial banks in the country in order not to add pains in the lives of what they described as the long suffering Nigerians.
The Oko monarch made the appeal recently while receiving the State Director, National Orientation Agency (NOA), Anambra State Directorate, Barr Charles Nwoji and his management team who paid him an advocacy visit in his palace at Oko.
Stressing that Nigeria needed peace and progress above every other thing, the monarch expressed optimism that the 2023 general elections, conduct of the 2023 population and housing census and fast circulation of the new Naira notes were expected to bring about good tidings in the country if they would be handled very well by the concerned authorities.
Briefing Igwe Prof Ekwueme on the reasons behind the advocacy visit, the NOA State Director, Barr Nwoji, said the federal government had earlier released to the public, 17 reasons behind redesigning of the N200, N500 and N1,000 notes to include stopping politicians from hoarding the Naira notes, making policies that would boost the nation’s economy, total stoppage of vote buying at the polls, abysmal control of circulation of money, complete reduction of kidnapping incidents in the country, among others.
He added that the redesigning of the Naira notes was aimed at bettering the lots of Nigerians and called on the people to contribute their quotas in making the general elections, census and the activities behind redesigning of the Naira notes more fruitful.
Earlier, the NOA State Deputy Director, Programmes, Sir Joseph Uchendu, explained that the agency was seeking the support of all and sundry, especially the traditional rulers in the state, for smooth implementation of what they described as the very important tripartite national programmes in the state.
He expressed disgust at a report that thousands of Permanent Voter Cards (PVCs) remained uncollected in Orumba North LGA and appealed to the electorate in the area to make it a duty to go and collect their PVCs with a view to making their lives safer and enjoyable by voting for credible candidates who had the requisite pedigree to better the lot of the country.