Anambra residents lament persistent Naira Scarcity
Residents of Anambra state, Southeast Nigeria have lamented the difficulty naira scarcity has continued to pose in their daily lives.
This is even as the Supreme Court ruled that the old Naira notes would remain as legal tender till December 2023.
The Naira redesign policy was announced in November 2022 by the Central Bank of Nigeria.
It had said that the new notes will be in circulation from January 2023, while the old notes would cease to serve as legal tender by the end of January.
However, the massive deposit of old notes, without sufficient provision of the new naira notes has resulted in scarcity of currency.