Naira Scarcity: CBN Survey Fails to Quell Public Anger

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CBN Naira

Nigerians on social media expressed a mix of frustration and skepticism in response to the Central Bank of Nigeria’s (CBN) call for public participation in a survey aimed at assessing the availability of Naira notes across the country.

The announcement, made on Thursday through the bank’s X handle, comes amidst persistent nationwide shortages of cash, leading to long queues at ATMs and frustration in markets and businesses.

“What is the situation on naira availability in your location? Kindly fill out this Survey to help us serve you better,” the CBN post reads.

While some users welcomed the effort as a potential step towards addressing the crisis, many questioned the effectiveness of the survey and highlighted their lack of trust in government mechanisms.

Comments on X revealed several key concerns:

Overall, the public response to the CBN’s survey paints a picture of a frustrated and unconvinced Nigerian populace.

While some remain hopeful, the dominant sentiment is one of skepticism born from past disappointments and a continued struggle with the crippling scarcity of Naira.

It remains to be seen whether the CBN’s initiative can address these concerns and translate into tangible solutions for a nation grappling with a cash crisis.

 

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