Femi Adesina, the Special Adviser to President Muhammadu Buhari on Media and Publicity on Friday said the Naira swap initiative of the Central Bank of Nigeria (CBN) is “a policy that was bound to do our country good”.
POLITICS NIGERIA reports that millions of citizens across Nigeria have been scrambling to get the new N200, N500, and N1,000 notes.
The situation has been especially challenging for some 40 percent of Nigerians in rural areas who have little access to banking services.
Daily struggles have resulted in protests and attacks on commercial banks.
The CBN has blamed the scarcity of the old money on sabotage by commercial banks and has been cracking down on institutions that are not compliant.
Writing in his weekly column, Adesina said: “Some people have taken the laws into their hands, because of lack of access to the new notes. They have attacked banks, looted shops, and engaged in civil disobedience. No need. The ravening clouds shall not long be victorious, they shall no longer possess the sky.
“Cash is coming, more than we need, and our national economy, the political process, and our lives generally, shall be the better for it. Just a little while, and the halcyon days will come. But for now, no pain, no gain. We will surely get there.”
