Naira scarcity: Crisis persists as debate on redesigned naira reaches crescendo

As Nigeria, one of Africa’s biggest economies continues to battle with the scarcity of its legal tender, the Naira notes, there are fears that the 2023 elections may be affected by the development, even as the nation’s apex court, the Supreme Court has waded into the matter.

While a section of Nigerians believe that the redesigning of the Nigerian Naira was a laudable project by the Central Bank of Nigeria, CBN, others believe that the development was capable of frustrating the 2023 election. Opinions are believed to have been sharply divided along interests lines.