By Funmi Adekoya
The Osun State, Senator Ademola Adeleke urges the Central Bank of Nigeria, CBN, to sanction financial institutions involved in the hoarding of new naira notes.
Addressing CBN officials in his office, Governor Adeleke decried the increasing shortage of the new notes, explaining that, he has been deploying state networks to douse tension and ensure the safety of banks and the CBN state office.
The Governor said his intervention in the last few weeks had ensured that Osun state is saved from increasing conflict across some South Western states.
He however expressed displeasure over the current hardship citizens are facing, adding that, his government was ready to partner with the CBN for the currency swap.
Governor Adeleke advised CBN to act fast as the situation is getting out of hand, informing the team that, the state is sacrificing a lot to maintain peace.
Responding, the CBN state Director, Mrs Oluyemi Adeyemi commended the Governor for his proactive steps that have saved the state from naira-related riots.
Mrs Adeyemi said the apex bank is working effortlessly, to make the new notes available and has issued queries to some commercial banks who hoarded the new naira notes.
The meeting set up a monitoring mechanism between the state government and the CBN to ensure allocated new notes get to the populace.
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