• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, July 6, 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

Deaconess Oborevwori distributes another round of food items under RHI to 400 households in Delta
Economy

Deaconess Oborevwori distributes another round of food items under RHI to 400 households in Delta

June 25, 2025
Obi of Issele-Mkpitime commends Senator Ned Nwoko for ongoing community projects
Economy

Obi of Issele-Mkpitime commends Senator Ned Nwoko for ongoing community projects

June 8, 2025
Okumagba congratulates Oborevwori on 2nd anniversary, says Governor has been impactful
Economy

Okumagba congratulates Oborevwori on 2nd anniversary, says Governor has been impactful

May 29, 2025
Adjogbe applauds Oborevwori’s massive development strides in two years
Economy

Adjogbe applauds Oborevwori’s massive development strides in two years

May 29, 2025
Next Post
Angry customers attack UBA in Warri

Crisis of new naira notes

Leave Comment

RECENT STORIES

6th Edition of BAF Schools Debate Kicks Off with 16 Delta Schools Competing

6th Edition of BAF Schools Debate Kicks Off with 16 Delta Schools Competing

July 5, 2025
Delta North Monarchs Justify Renewed Push for Anioma State at Senate Public Hearing

Delta North Monarchs Justify Renewed Push for Anioma State at Senate Public Hearing

July 5, 2025
Justice Restored: Why Senator Natasha’s Recall Strengthens Our Republic, By Dr. Michael Tidi Esq.

Justice Restored: Why Senator Natasha’s Recall Strengthens Our Republic, By Dr. Michael Tidi Esq.

July 4, 2025
Stakeholders Demand Anioma State at Historic Public Hearing in Ikot Ekpene

Stakeholders Demand Anioma State at Historic Public Hearing in Ikot Ekpene

July 4, 2025
Legendary Nigeria Goalkeeper, Peter Rufai, Passes Away at 61

Legendary Nigeria Goalkeeper, Peter Rufai, Passes Away at 61

July 4, 2025

TRENDING STORIES

  • Tidi Rallies PDP Loyalists, Urges Grassroots Reawakening Amid Defections

    Tidi Rallies PDP Loyalists, Urges Grassroots Reawakening Amid Defections

    0 shares
    Share 0 Tweet 0
  • Ughelli North Council Chairman Suspends Uwheru PG Over Heightened Security Tensions

    0 shares
    Share 0 Tweet 0
  • Delta Speaker calls for stakeholders’ commitment to advancing Nigeria as 10th Benue Assembly holds 2nd Anniversary Thanksgiving Service

    0 shares
    Share 0 Tweet 0
  • Waive pays homage to Udu monarch, pledges total allegiance

    0 shares
    Share 0 Tweet 0
  • Stakeholders Demand Anioma State at Historic Public Hearing in Ikot Ekpene

    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.