Association of Veteran Journalists Urge FG To End New Naira Notes Crisis

Government at federal and state levels have been called upon to ensure wholiistic approach to end the crisis,engineered by the central bank of Nigeria monetary policy with particular reference to the redesignation of the country’s currency.

The Association of Veteran Journalists Osun state Chapter made the call in a Communique issued at the end of it’s general meeting in Osogbo,the Osun state capital.

The Communique titled,”Saving Nigeria from Imminent Collapse” drew attention to the pervading fuel shortage and its effects on the socio-economic lives of Nigerians and the security crisis it has generated in different parts of the country.

The Veteran Pen Pushers called for an urgent meeting of all critical stakeholders to explore ways of assuaging the plights of Ordinary Nigerians and halt the Nation’s descent into anarchy.

The Communique frowned at what it described as the nefarious conducts of some bank officials and petroleum marketers who exploit the inability of government to discharge it’s fiscal and monetary responsibilities to unleash agony on consumers.

The Association equally took exceptions to the mute passivity and conspiracy of the organized labour and civil society organizations in making government accountable for its inactions and failures.

The Communique is of the opinion that the culture of silence has emboldened the government to look the other way as poor Nigerians wallow in poverty and agony in their attempts to access money at banking halls for their livelihood and in pursuant of their legitimate businesses.

While commending the intervention of the Supreme Court in halting the crisis in the country’s monetary system by ruling on the extention of old naira notes as a means of exchange, it urged the CBN to as a matter of urgency comply with the court order to avoid further crisis.

The Communique expressed hopes that the National security council meeting and that of the Council of St steps will find a long term solution to the current crisis in the banking and petroleum sectors of the Nation’s Economy.