Lagos CAN Chairman Wants FG To Extend Naira Swap TIll December

Lagos CAN Chairman Wants FG To Extend Naira Swap TIll December

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Rev. Steven Adegbite, Chairman, Christian Association Of Nigeria Lagos State Chapter has appealed to federal government to allow the old naira notes and new notes to be used along side till December.

Adegbite also noted that the naira redesign policy is ill timing and has brought so much hardship to Nigerians coupled with the fuel scarcity.

"Concerning the fuel and naira scarcity, it is ill timing and not expected. You will recall that since the past 8 years, there has not been fuel scarcity and suddenly a few months to election, queues have returned to fuel stations, and getting naira to spend becomes difficult, then there is something wrong.

"Is there any nation where money will not be spent during elections? it's not possible. Even in the US you must spend money but they will make sure that you have a budget and they will monitor you the way you are spending that money. INEC needs money and currently they are lamenting that it will be hard for them to move staff and electoral materials around on election days.

"What we are saying from Lagos CAN is that the old notes and the new notes must work pari-passu until December. I appeal to Nigerians to be patient, and don't destroy government property. We will not support any riot or protest that will destroy government property" Adegbite said.

He stated this yesterday in Lagos while briefing newsmen on their forth coming Inter-denominational Prayer meeting slated to hold this Saturday at LAWNA Territorial Headquarters Olorunda, Ketu Lagos with the theme ' Peace Be Still".

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