Naira Scarcity: Nigerian governors tackle CBN, accuse it of ‘currency confiscation’

The Nigeria Governors’ Forum (NGF) has accused the Central Bank of Nigeria of conducting a ‘currency confiscation’ programme that is causing suffering for Nigerians.

The governors also called “for the halting of CBN’s plan to end the use of the old currency notes.”

The governors, across party lines, stated this in their communique at the end of their meeting held Saturday in Abuja.