Still on the pains of naira redesign

By Adeyanju Eniola Oluwatoyin

The redesigning of the naira notes caused many problems for citizens, most especially  students. The new notes are scarce. Thus, the painful recourse to  cashless policy in the country.

Before the Presidential Election when  students wanted to go home for vacation, it was tough. Many  risked their lives.Though, some  drivers were kind enough to accept money  transfer while some did not.

As  a student, I found it difficult to attend classes.  I could not attend my matriculation ceremony,I had to stay in my hostel. I could not get other things at the market because the market women  would not  accept money transfer. Feeding was also very difficult.

Quite unfortunately, some students at Tai Solarin University of Education (TASUED), Ogun State, had to board a truck  to travel  to Lagos. It seemed they did not care about their safety – all they wanted was to get home before the  election.What if the truck had an accident on their way to Lagos? Who are we to blame for it? Obviously, the citizens would blame the government.

Citizens were hard hit, they starved despite having money in their accounts. Tension rose. Banks were vandalised.

An Access Bank building at Taiwo Street in Ilorin also got vandalised. Some bank officers had to use ladder to escape through the back fence. The PoS agents also increased their charges to withdraw money because most of them had to go to the bank and queue  before getting the new notes.

A worker, Mr. Ojo Johnson Ademola, slumped and died on  a queue on  February 21, 2023 at Lagos State University Wema Bank. It was really terrible.

Now that  the Supreme Court has ordered that the old N200, N500 N1000 notes should remain in circulation till December 31, 2023, it is hoped that the Federal Government would comply with the directive this time round and ease the pains of innocent citizens.

• Adeyanju wrote in from Kwara State University (KWASU), Malete, Kwara State

More posts