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Naira Scarcity: Entrepreneurs count losses over scarcity of new naira notes

Naira Scarcity: Entrepreneurs count losses over scarcity of new naira notes

Blessing Uduma by Blessing Uduma
February 5, 2023
in Business
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Some small-scale industrialists and entrepreneurs in the Federal Capital Territory (FCT), have continued to count their losses over the lingering new naira notes scarcity.

They told the News Agency of Nigeria (NAN) on Sunday, 5th February, 2023 in Abuja, that the situation was hurting their businesses as they continue to record low patronage.

Read also: Naira scarcity: Moment bank hides new Naira notes in a vault (watch video)

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According to Dr. Solomon Vongfa, the National president of the Association of Small-Scale Industrialists (NASSI), the redisgning of the naira is actually a good policy but the implementation came at the wrong time.

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Blessing Uduma

Blessing Uduma

I'm an English and Literary Studies student. A freelancer, content creator and editor. I also enjoy writing flash fictions and I have so many works to my credit.

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