Naira Crunch: Blame Game Futile – Rewane

Managing director of Financial Derivatives, Bismarck Rewane, has proffered solutions to end the scarcity of cash in the country. 

Despite the naira swap policy, many Nigerians have found it difficult to obtain the new notes.

The Central Bank of Nigeria (CBN) attributed the scarcity to hoarding by citizens.

Speaking in a Channels Television interview on Friday, Rewane said the federal government needs to do damage control to ensure improved supply of the naira.