Nigerians have gone on various social media platforms to lament the high rate of Naira scarcity in the country.
The naira scarcity comes approximately 12 months after Nigerians went through the same ordeal in 2022.
Recall that owing to the Naira redesign policy implemented by the CBN between December 2022 and February 2023, a cash shortage surfaced until the Supreme Court extended the deadline to December 31, 2023.
However, this extension was later revoked at the request of the federal government.
As the Christmas and New Year festivities get closer, Nigerians are once more going through the hurdle of the Naira notes shortage.
DAILY POST reports that many Automated Teller Machines of Deposit Money Banks in many parts of the country are either not dispensing cash or are witnessing long queues.
This situation has resulted in a nationwide outcry from Nigerians who condemned the situation while also seeking an urgent intervention by the federal government.