• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, July 27, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Chairman House of Reps C’ttee on diaspora calls out CBN

...urges Nigerians to be resilient in the face of hardship

by NewsNet Nigeria
2 years ago
in Economy
Chairman House of Reps C’ttee on diaspora calls out CBN
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

A female member of the House of Representatives and Chairman House Committee on Diaspora, Tolulope Akande-Sadipe, has called out the Central Bank of Nigeria (CBN), on its policies and failure to supply the new naira notes.

The shortage of available cash in the Nigerian economy, due to the Central Bank of Nigeria’s (CBN) policy and lack of supply of the new naira notes, has led to immense hardship for the people of Nigeria.

Akande-Sadipe who recently collaborated with a Senatorial candidate in Oyo State to rehabilitate a kilometre stretch of Ayegun-Oleyo road in her constituency, Oluyole, said the fuel scarcity in the country, caused by the smuggling of fuel to neighbouring countries has compounded the problem.

She said CBN has made itself a tool for the opposition and fifth columnists in the All Progressives Congress (APC) who are behind this hardship for political benefits in the upcoming February 2023 elections.

In a recent statement issued by her Media aide, Olusada Olamilekan, Rep. Akande-Sadipe stated, “It is unacceptable for the CBN to leave the citizens of this great nation to suffer because of its lack of foresight and planning, the redesign of Naira is a good initiative but the deadline was not well thought out, and the implementation and procedural policy a major failure. Turning a good initiative into a bad impact on the economy. The CBN must take responsibility for its actions and work to rectify this situation urgently.”

Sadipe also spoke out against fuel scarcity in the country, stating that the smuggling of fuel creates immeasurable hardship for the people of Nigeria.

“Anyone with the intent to sabotage for political gains does not have the interest of the nation in mind and such behaviour is unacceptable”, Akande-Sadipe stated.

She added, “We will not allow a few individuals to hold this nation hostage for their own selfish interests. The incoming administration of Asiwaju Bola Ahmed Tinubu means well for the people of Nigeria. His antecedence and ongoing blueprint as Governor of Lagos speaks for itself”.

Sadipe however sent a message of hope to Nigerians, stating, “We understand the difficulties of today. Please let’s stay calm and remain resilient in the face of these hardships. The end of the tunnel is not far off”.

Previous Post

El-Rufai can’t decide for the North to support Tinubu – Bafarawa

Next Post

Crisis of new naira notes

MORE NEWS

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South
Economy

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South

July 26, 2025
Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen
Economy

Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen

July 26, 2025
You cannot remain overseas and still be on the payroll – Oborevwori to Delta civil servants
Economy

Delta Govt to Construct Flyovers at Agbor, Ughelli in N230bn Infrastructure Drive

July 23, 2025
Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target
Economy

Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target

July 21, 2025
Next Post
Angry customers attack UBA in Warri

Crisis of new naira notes

Leave Comment

RECENT STORIES

Super Falcons Stage Stunning Comeback to Defeat Morocco 3–2 in WAFCON Thriller

Super Falcons Stage Stunning Comeback to Defeat Morocco 3–2 in WAFCON Thriller

July 27, 2025
Delta Speaker Guwor Hails Super Falcons for Historic 10th WAFCON Victory

Delta Speaker Guwor Hails Super Falcons for Historic 10th WAFCON Victory

July 27, 2025
Senator Ned Nwoko Congratulates Super Falcons on “Mission X” Triumph

Senator Ned Nwoko Congratulates Super Falcons on “Mission X” Triumph

July 27, 2025
REMEMBERING CHIEF DANIEL OKUMAGBA, 25 YEARS AFTER

REMEMBERING CHIEF DANIEL OKUMAGBA, 25 YEARS AFTER

July 27, 2025
Fresh Tragedy Hits AAUA as Another Student is Murdered by Boyfriend, Sparks Protest

Fresh Tragedy Hits AAUA as Another Student is Murdered by Boyfriend, Sparks Protest

July 26, 2025

TRENDING STORIES

  • Solidarity Walk for Tinubu, Omo-Agege a Huge Success – Erhire Counters Oharisi’s Boycott Claims

    Solidarity Walk for Tinubu, Omo-Agege a Huge Success – Erhire Counters Oharisi’s Boycott Claims

    0 shares
    Share 0 Tweet 0
  • Omo-Agege Rejected in Ughelli North as One Million-Man March Flops — Oharisi

    0 shares
    Share 0 Tweet 0
  • Dafinone: Creation of Ethiope State Will Correct Historical Injustice, Empower Urhobo Nation

    0 shares
    Share 0 Tweet 0
  • Warri Urhobo APC Members Hold Unity Meeting, Adopt 8-Man Leadership Council

    0 shares
    Share 0 Tweet 0
  • Delta Assembly Passes Community Security Corps Bill to Bolster Local Security Architecture

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.