Adeleke tells CBN to sanction banks hoarding new Naira

Written by on February 21, 2023

Governor Ademola Adeleke of Osun State has asked the Central Bank of Nigeria (CBN) to sanction financial institutions hoarding the new Naira and ensure they are made available to the people.

Disclosing that the state had been sacrificing so much to calm frayed nerves, he warned CBN against taking the patience of Osun people for granted. He made these remarks while addressing CBN officials in his office, yesterday.

In a statement signed by his spokesperson, Olawale Rasheed, the governor decried the increasing shortage of the new notes, explaining that he had been deploying the state’s network to douse tension and ensure safety of banks and the CBN office in the state.

Adeleke said his intervention in the last few weeks saved Osun from the crises witnessed across some South West states, expressing unhappiness at the current hardship visited on the people.


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