• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, March 27, 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

Tax Justice Drive: Oborevwori Positions Delta to Host South-South Zonal Office of Tax Ombud
Economy

Tax Justice Drive: Oborevwori Positions Delta to Host South-South Zonal Office of Tax Ombud

March 20, 2026
Relief at Last: Senator Ned Nwoko’s Push Brings Heavy Equipment to Onicha-Ugbo–Idumuje Ugboko Road Site
Economy

Relief at Last: Senator Ned Nwoko’s Push Brings Heavy Equipment to Onicha-Ugbo–Idumuje Ugboko Road Site

March 19, 2026
Delta Expands Flyover Network Jan 12 as Oborevwori Flags Off Otovwodo Project in Ughelli
Economy

Our Plan to End Electricity Woes in Delta – Governor Oborevwori Speaks

March 19, 2026
From Swamp to Smooth Ride: Oborevwori Opens Lifeline Road Linking Delta Riverine Communities
Economy

From Swamp to Smooth Ride: Oborevwori Opens Lifeline Road Linking Delta Riverine Communities

March 17, 2026
Next Post
Angry customers attack UBA in Warri

Crisis of new naira notes

Leave Comment

RECENT STORIES

Relief Across Elume Villages as Dafinone’s Outreach Delivers Free Medical Care to Hundreds

Relief Across Elume Villages as Dafinone’s Outreach Delivers Free Medical Care to Hundreds

March 26, 2026
Anioma Dream Gains Momentum as Akpabio Signals Senate Support at APC South-South Congress

Anioma Dream Gains Momentum as Akpabio Signals Senate Support at APC South-South Congress

March 26, 2026
South-South APC Picks New Leaders by Consensus in Asaba

South-South APC Picks New Leaders by Consensus in Asaba

March 25, 2026
Oborevwori Hands DESAAA Board Chair to Grassroots Mobiliser Jaro Egbo

Oborevwori Hands DESAAA Board Chair to Grassroots Mobiliser Jaro Egbo

March 25, 2026
Grassroots Roar for Ovie Omo-Agege’s Senate Return as Agbarha APC Endorses Ominimini Obiuwevbi for Reps

Grassroots Roar for Ovie Omo-Agege’s Senate Return as Agbarha APC Endorses Ominimini Obiuwevbi for Reps

March 25, 2026

TRENDING STORIES

  • “Bullet”-Led Armed Mob Storms Aboh Ogwashi-Uku, Injures Police Officer, Destroys Property Amid Ongoing Federal Court Battle

    “Bullet”-Led Armed Mob Storms Aboh Ogwashi-Uku, Injures Police Officer, Destroys Property Amid Ongoing Federal Court Battle

    0 shares
    Share 0 Tweet 0
  • Grassroots Roar for Ovie Omo-Agege’s Senate Return as Agbarha APC Endorses Ominimini Obiuwevbi for Reps

    0 shares
    Share 0 Tweet 0
  • Oborevwori Hands DESAAA Board Chair to Grassroots Mobiliser Jaro Egbo

    0 shares
    Share 0 Tweet 0
  • Relief at Last: Senator Ned Nwoko’s Push Brings Heavy Equipment to Onicha-Ugbo–Idumuje Ugboko Road Site

    0 shares
    Share 0 Tweet 0
  • “Leadership Is Service,” Declares John Nani as City Boy Movement Names Him Ethiope West Chapter Leader

    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.