• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, September 9, 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
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

Ubara Family Petitions Delta CJ over Magistrate’s “Overreaching” Order in Burial Dispute
Crime

Ex-NNPC Official Faces 25 Years in U.S. Jail Over $2.1m Bribery Case

September 3, 2025
Age Falsification: Fear of Oborevwori’s sledgehammer forces top directors to voluntarily retire
Economy

Delta at 34: Mulade Tasks Gov. Oborevwori on Riverine Infrastructure

August 25, 2025
Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC
Economy

Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC

August 22, 2025
Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment
Economy

Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment

August 22, 2025
Next Post
Angry customers attack UBA in Warri

Crisis of new naira notes

Leave Comment

RECENT STORIES

Adjogbe Foundation Reaffirms Commitment to Education with Fresh Scholarships for Indigent Students

Adjogbe Foundation Reaffirms Commitment to Education with Fresh Scholarships for Indigent Students

September 8, 2025
Mother Rejects N5m Over Son’s Alleged Killing by Police Guarding Cross River Governor’s Residence

Mother Rejects N5m Over Son’s Alleged Killing by Police Guarding Cross River Governor’s Residence

September 8, 2025
Again, Dafinone Pledges Sponsorship of Urhobo Language Competition in Memory of Pius Ewherido

Again, Dafinone Pledges Sponsorship of Urhobo Language Competition in Memory of Pius Ewherido

September 7, 2025
Charles Aniagwu: Celebrating a Truly Good Man by Every Standard

Charles Aniagwu: Celebrating a Truly Good Man by Every Standard

September 7, 2025
PIA: Urhobo Monarchs Inaugurate Palace Representatives in Oil, Gas Communities

PIA: Urhobo Monarchs Inaugurate Palace Representatives in Oil, Gas Communities

September 7, 2025

TRENDING STORIES

  • Dr. Gloria Patrick-Ferife Emerges as National President of Ophthalmological Society of Nigeria

    Dr. Gloria Patrick-Ferife Emerges as National President of Ophthalmological Society of Nigeria

    0 shares
    Share 0 Tweet 0
  • Seven benefits of breast sucking to women by experts

    0 shares
    Share 0 Tweet 0
  • Group Cautions Tinubu Against Alleged Sale of Nigeria’s Oil, Gas JV Assets

    0 shares
    Share 0 Tweet 0
  • PIA: Urhobo Monarchs Inaugurate Palace Representatives in Oil, Gas Communities

    0 shares
    Share 0 Tweet 0
  • Delta Govt Releases 2025/2026 Academic Calendar as First Term Begins September 8

    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.