• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, February 26, 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

Oborevwori Hands Okoh, Kakor a Reform Mandate as Delta Targets Economic Reset
Economy

Oborevwori Hands Okoh, Kakor a Reform Mandate as Delta Targets Economic Reset

February 19, 2026
High Airfares Still Cheaper Than Kidnappers’ Ransoms, Uvwie Monarch Warns at Book Launch
Crime

High Airfares Still Cheaper Than Kidnappers’ Ransoms, Uvwie Monarch Warns at Book Launch

February 17, 2026
Delta to Add 120MW as Oborevwori Expands Power Under New Electricity Law
Economy

Delta to Add 120MW as Oborevwori Expands Power Under New Electricity Law

February 12, 2026
End of Gridlock Nears as Delta Govt Carries Out Pre-Handover Inspection of DSC Flyover
Economy

End of Gridlock Nears as Delta Govt Carries Out Pre-Handover Inspection of DSC Flyover

February 9, 2026
Next Post
Angry customers attack UBA in Warri

Crisis of new naira notes

Leave Comment

RECENT STORIES

NAFDAC Cracks Down on ₦3bn Fake Cosmetics Cache in Lagos, Warns Public on Health Risks

NAFDAC Cracks Down on ₦3bn Fake Cosmetics Cache in Lagos, Warns Public on Health Risks

February 23, 2026
Delta APC Denies Attack on Ibori-Suenu, Confirms Peaceful LG Congress, Rejects Parallel Poll Claims

Delta APC Denies Attack on Ibori-Suenu, Confirms Peaceful LG Congress, Rejects Parallel Poll Claims

February 23, 2026
UTME Burden Lifted: 1,500 Delta North Students Thank Ned Nwoko for Free 2026 Registration

UTME Burden Lifted: 1,500 Delta North Students Thank Ned Nwoko for Free 2026 Registration

February 23, 2026
Tidi Defects to APC, Says Grassroots Decide Elections, Not Convoys

Tidi Defects to APC, Says Grassroots Decide Elections, Not Convoys

February 23, 2026
Fake Pregnancy Exposed: NDLEA Busts Woman with 3,200 Tramadol Capsules at Seme Border

Fake Pregnancy Exposed: NDLEA Busts Woman with 3,200 Tramadol Capsules at Seme Border

February 22, 2026

TRENDING STORIES

  • APC Sapele Congress: Ede Dafinone Declares Party Rift Closed After Consensus Vote

    APC Sapele Congress: Ede Dafinone Declares Party Rift Closed After Consensus Vote

    0 shares
    Share 0 Tweet 0
  • Oluremi Tinubu’s Feb 26 Visit to Olu of Warri Signals Unity, Strength — Arun Igala in Warri Kingdom

    0 shares
    Share 0 Tweet 0
  • TODAY, SUNDAY: Michael Tidi Dumps PDP for APC in Major Warri Defection

    0 shares
    Share 0 Tweet 0
  • Delta APC Congress Runs Smoothly: No Rift Among Omo-Agege, Ibori, Nwoko, Oborevwori & Okowa — Group Slams Rumour Mongers

    0 shares
    Share 0 Tweet 0
  • Tidi Defects to APC, Says Grassroots Decide Elections, Not Convoys

    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.