Kogi Senator to Buhari: 7 days too far to address cash crunch

The Chairman, Senate Committee on the Federal Capital Territory, Senator Smart Adeyemi, has appealed to President Muhammadu Buhari to reconsider his stance to address the current cash crunch within the next seven days. The Senator who is representing Kogi West Senatorial District stated this yesterday while addressing reporters in Abuja. President Buhari had on Friday […]

The Chairman, Senate Committee on the Federal Capital Territory, Senator Smart Adeyemi, has appealed to President Muhammadu Buhari to reconsider his stance to address the current cash crunch within the next seven days.

The Senator who is representing Kogi West Senatorial District stated this yesterday while addressing reporters in Abuja.

President Buhari had on Friday pledged to address the issue of naira scarcity within seven days when he met with the All Progressives Congress (APC) governors.

But Senator Adeyemi said the current situation had inflicted untold hardship to Nigerians and pleaded with the president to act immediately to avoid further crisis.

Currency redesign: Lessons for Nigeria from global practices

Building collapse: FCT minister orders arrest of FHA officials, developer

He urged Buhari to extend the deadline for the naira swap.

Adeyemi said, “As good as this policy is, we should not allow the poor masses to carry the pains for the atrocity committed by the elite.

“I want to tell the president that seven days is too long a time before the change.

“I am taking a look at happenings across the country and already, there are demonstrations, violent reactions.

“In this country there are artisans who live by their daily earnings.

“These people are dying silently and I want to support all the positions taken by Mallam Nasir El-Rufai and the President should listen.”