Nigeria Government seized the People's Power

#Nigeria Government: Seized its Citizens  Power

 

The Nigeria New Naira  Notes 

Money is power! This is well understood from our 

personal experience. Money is the instrument of exchange, for goods and services and to acquire wealth.

In Nigeria money is generally accepted as a means of payment, which operates at all levels both regional and global, legitimate and illegitimate even both formal and informal, so this made us agreed that money is a social power for all. 

In  November 2022, the Central Bank of Nigeria launched the new notes, which came into effect  by 15 December 2022, with daily withdrawal limit, to promote the cashless policy, thereby limiting the daily amount to withdraw. with the order of returning the old note to the banks. 

But does Nigeria need to redesign its currency? And why is it necessary to impose withdrawal limits, especially for a country that aspires to scale back regulation and liberalise its financial sector?

There has been chaos since the launching of the new notes because of its scarcity. People do not have asses to their money they work for, not all marketers accept online transactions, especially the lower market men and women. 4

Both the rich and poor are being affected. People are hungry. The government took over the control of peoples hard earn money in the bank, by their policy. People are angry and hungry.

How could the government test a policy, they have no proper planning for, on the people, risking the life of old and the children. May God help Nigeria  government.

Thank God we all scale through the period.