Against the backdrop of the persistent naira scarcity across the country, the Muslim Media Watch Group of Nigeria has aligned with the Nigerian Labour Congress (NLC) to picket the Central Bank of Nigeria (CBN) over the naira scarcity which has been causing economic hardship to the people.
The Group maintained that the lack of sufficient funding of commercial banks by the CBN to date spells wrong for the Nigerian people.
In a statement signed by its National Coordinator, Alhaji Ibrahim Abdullahi, the Muslim Media Watch of Nigeria described the CBN action as contemptuous of Supreme Court Judgement delivered on March 3rd. It says “the circular to banks from CBN was not released until 10 days after the judgement, and even then circular issuance was not backed-up with sufficient release cash to Banks by CBN, hence – the hardship on the people continued regrettably” the Group stated.
On the commencement of Ramadan, the Group enjoined Muslim scholars, especially those using the media to preach Islam to dwell more on the enlightenment of the people on the real teachings of Islam instead of focusing on irrelevant issues.
Emmanuel Ukoh
