• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, May 4, 2026
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
3 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

EFCC Warns Fintech CEOs: One Bad Transaction Can Ruin Your Brand
Economy

EFCC Warns Fintech CEOs: One Bad Transaction Can Ruin Your Brand

May 2, 2026
Naira Under Pressure as Forex Volatility Persists
Economy

Naira Under Pressure as Forex Volatility Persists

May 2, 2026
Tinubu Declares Poverty, Insecurity National Emergencies at Workers’ Day
Economy

Tinubu Declares Poverty, Insecurity National Emergencies at Workers’ Day

May 2, 2026
Workers Are Delta’s Engine Room, Oborevwori Declares at May Day Rally
Celebration

Workers Are Delta’s Engine Room, Oborevwori Declares at May Day Rally

May 2, 2026
Next Post
Angry customers attack UBA in Warri

Crisis of new naira notes

Leave Comment

RECENT STORIES

Governor Oborevwori Praises Esther Ahon’s Remarkable Journey at 100

Governor Oborevwori Praises Esther Ahon’s Remarkable Journey at 100

May 3, 2026
Izeze Fires Back at Omo-Agege’s Aide, Lists N80bn Projects in Ndokwa, Ukwuani

Izeze Fires Back at Omo-Agege’s Aide, Lists N80bn Projects in Ndokwa, Ukwuani

May 2, 2026
DOPF Sets Stage for World Press Freedom Day in Asaba, Spotlights Journalism for Peace

DOPF Sets Stage for World Press Freedom Day in Asaba, Spotlights Journalism for Peace

May 2, 2026
Arsenal, Man City Set for Dramatic Premier League Finish

Arsenal, Man City Set for Dramatic Premier League Finish

May 2, 2026
EFCC Warns Fintech CEOs: One Bad Transaction Can Ruin Your Brand

EFCC Warns Fintech CEOs: One Bad Transaction Can Ruin Your Brand

May 2, 2026

TRENDING STORIES

  • DELSU Fires Female Staff Over Extortion as Asagba Vows Crackdown on Sharp Practices Ahead of Convocation

    DELSU Fires Female Staff Over Extortion as Asagba Vows Crackdown on Sharp Practices Ahead of Convocation

    0 shares
    Share 0 Tweet 0
  • Senator Dafinone to Police: Bring Killer Officer to Justice Over Ogidi’s Death

    0 shares
    Share 0 Tweet 0
  • Izeze Fires Back at Omo-Agege’s Aide, Lists N80bn Projects in Ndokwa, Ukwuani

    0 shares
    Share 0 Tweet 0
  • 2027: Ukuyoma Declares for Uvwie Assembly Seat, Promises Fresh Ideas, True Representation

    0 shares
    Share 0 Tweet 0
  • Emerhor Steps Aside for Dafinone in Major Delta Central APC Unity Move

    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.