Nigerians hold morning devotion at ATM stand amidst new currency scarcity

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Struggling Nigerians hold their morning devotion in queue while waiting their turns at the ATM. Following the introduction of the new note and the former deadline imposed on the old, a scarcity of the new currency has hit hard as banks witness staggering number of customers waiting to make withdrawals.

Nigerians have reacted in various ways to the scarcity, some ingenuous while others downright violent. Some Nigerians who had queued up at the ATM at the wee hours of the morning decided to hold their devotion while waiting. In the video making the rounds, a man could be seen holding a Bible and leading the praise and worship. Watch the video below:

“We’ve resolved fuel and cash scarcity issues, 2023 elections will hold as planned”

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Chairman of the Independent National Electoral Commission, INEC, Mahmood Yakubu assures Nigerians that forthcoming elections will hold regardless of fuel and cash scarcity issues.

"We’ve resolved fuel and cash scarcity issues, 2023 elections will hold as planned" - INEC

Mahmood Yakubu spoke after a meeting with the Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday, 8th of February. His revelation trails the many protests that have rocked different parts of the country over the scarcity of fuel and cash hoarding of new Naira notes. Yakubu said: “I can tell you two of these challenges quickly. The first one is the availability of petroleum products. We had a meeting with the National Union of Road Transport Workers and they raised that as an issue of concern. Immediately after that meeting, we interfaced with the leadership of the Nigerian National Petroleum Company Limited (NNPC) and right now there’s a technical community working. The idea is for them to avail us the use of their over 900 land mega stations as well as floating mega stations nationwide for the purpose of stocking products to ensure that the commission doesn’t suffer any encumbrances in the movement of personnel and materials for the elections. The second one is the currency issue. Again, we had an engagement yesterday with the Governor of the Central Bank of Nigeria. And he assured us that the commission will not suffer encumbrances on that score. Fortunately for us, all our accounts, national and state are with the apex bank. So, we raised those challenges and we have found a solution to those challenges. So, be rest assured that the elections will hold as scheduled on the 25th of February for the national and on the 11th of March for the state’s elections.”

Man relocates belongings to bank amidst new Naira notes scarcity (Video)

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An embattled young man relocates his belongings to the bank amidst the scarcity of the new Naira notes that has rendered many stranded.

Man relocates belongings to bank amidst new Naira notes scarcity (Video)

It would be recalled that the CBN redesigned the Naira note and put a deadline on the legitimacy of the old notes. A video making the rounds on social media captured the moment a troubled man took his pots, bed, and a gas cylinder to the bank where there was a long queue of other customers waiting to get cash. He, however, lamented that he has been stranded for days without money to feed and do the basic things; hence, his reason for relocating to the bank with his belongings. Watch the video below …

“Buhari, your regime no good” — Portable laments scarcity of fuel, naira notes (Video)

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Controversial singer, Portable Omololalomi, laments the scarcity of fuel, the new naira notes, and the economy of Nigeria while blaming Buhari.

portable

This comes amidst the struggle faced by Nigerians since the redesign of the new naira notes and low circulation in the economy. In a video via Instagram, Portable called out the President of Nigeria, Muhammadu Buhari, for throwing the citizen of the country in jeopardy. He lamented that fuel scarcity, hike in the price of food, and difficulty to get money made the country and her citizens sick and troubled. Portable further slammed those hoarding the new naira notes, fuel attendants, POS workers and everyone making the country harder than it should. Watch the video below …

Why Nigerian men should appreciate govt. for fuel and new Naira notes scarcity

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Notable content creator, Nasty Blaq, encourages Nigerian men to appreciate the government for the ongoing fuel and new Naira notes scarcity ahead of Valentine’s Day.

nasty blah

The comedian made this known amidst the ongoing scarcity of new Naira notes and fuel hike that has rendered many stranded in Nigeria. In a recent video via his Instagram Nasty Blaq argued that it was a win in disguise for men ahead of February 14th with is the day for the celebration of love. According to Nasty Blaq, men would not have to worry about sending money, going out on dates or buying expensive gifts for their partners. Watch the video below …

Lizzy Gold laments fuel scarcity, reconsiders admirer

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Due to fuel scarcity, Nollywood thespian, Lizzy Gold is reconsidering going back to an admirer who owns a fuel station.

Lizzy Gold

The fuel scarcity in Nigeria currently is driving its citizens nuts. While some can’t afford the hike in price, others can not seem to purchase due to the queues. Lizzy Gold takes to the image-sharing platform, Instagram, where she laments the current situation. However, Lizzy Gold plans to reconsider an admirer, due to fuel scarcity. Apparently, the admirer owns a fuel station, and at a time like this, he would be useful to her. She regrets not giving him attention when he was all over her. “Oga pls toast me again ….am sorry …I need fuel….pls pple help me beg him to toast me again ooo. Pls get your pvc and vote Peter obi so there can be enough fuel for everyone”, She wrote. See post below;

President Buhari apologizes to Nigerians over fuel scarcity and blackouts; offers explanations

President Buhari apologizes to Nigerians over fuel scarcity and blackouts; offers explanations

President Muhammadu Buhari has apologized to Nigerians over the extended fuel scarcity in the country and the discomforts effected by it.


In a statement released by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President apologized, saying that in his seven years in office, his administration had effectively avoided such a situation.
The statement reads;
“The administration knows the fuel shortage has placed a strain on Nigerian citizens and businesses, but relief is on the way. I specially apologise to all sections of the society for this.
The government is working round the clock to attend to this issue. An action plan agreed earlier this month is being implemented to address the scarcity. Working together with the Major Oil Marketers Association of Nigeria (MOMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN), this plan is now bearing fruit.
“Sufficient fuel supply has returned to a handful of states, with the queues at stations falling. In the coming days, we expect this to be the case across the rest of the country. Looking to the longer term, funds are being targeted toward keeping fuel availability affordable for the country.

“The international energy markets have surged drastically in recent months, the government will however ensure that consumers are protected against these price spikes.”
The President stated that he had recently learned that certain people were acting inappropriately at the depots and among fuel station managers.
He urged the Ministry of Petroleum Resources, Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian Midstream the Nigerian National Petroleum Corporation (NNPC), and the country’s entire policing agencies to take stern measures against those guilty.
Speaking on the black outs, He said:
“The blackouts seen in the national grid are also being addressed,” he assured Nigerians. “A dip in hydroelectric generation due to seasonal pressures has coincided with technical and supply problems at thermal stations.
“On this, the government is also working tirelessly to resolve the issues at the latter to guarantee sufficient power flows into the national grid.”