By Michael Ofulue, Osogbo
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Osun state Governor, Ademola Adeleke has warned against hoarding of new naira notes by commercial banks in the state.
He also called on the Central Bank of Nigeria (CBN) to sanction financial institutions involved in such anti-people activities.
Addressing CBN officials in his office, Adeleke decried the increasing shortage of the new notes, explaining that he has been deploying state network outfit to douse tension and ensure safety of banks and the CBN state office.
According to the Governor, his intervention in the last few weeks had ensured that Osun state is saved from increasing conflict across some South Western states, expressing unhappiness at the current hardship the people are experiencing.
He expressed the readiness of his government to partner with CBN for the currency swap, informing the team that the state is sacrificing a lot to maintain peace and calm frayed nerves.
“The new notes are not available. Even as a State Governor, I don’t have the new notes. You can see how hard it is for our people to access the new currency if their Governor is not getting them. “Adeleke said.”
Responding, the CBN state Director, Oluyemi Adeyemi commended the state Governor for his proactive steps.
“On our part, we are working hard to make the new notes available. Let me say that the CBN has issued queries to some banks. I assure Nigerians that we are working hard to make the new notes available” , the CBN official stated.
The meeting set up a monitoring mechanism between the state government and the CBN to ensure allocated new notes get to the populace.
