“Cash, petrol scarcity may yield unpleasant consequences act now!” – Akeredolu urges Buhari

Ondo State Governor, Rotimi Akeredolu, has advised President Muhammadu Buhari to take urgent steps to address the scarcity of naira notes and petrol price hike.

The petrol crisis and scarcity of naira notes are resulting in protests in parts of the country.

However, after a meeting with governors elected on the platform of the All Progressives Congress (APC), yesterday, the president requested seven days to take a major decision on the naira note scarcity.

In a statement yesterday, Akeredolu said the current situation is a recipe for unpleasant consequences if not properly handled.

According to the Governor, The struggles and actual fights recorded in banking halls, ATM and POS points, and markets across the country are disquieting. 

“The choice of this period for the implementation of a policy, which bears an instant negative impact with no discernible mitigation in sight, raises serious suspicion of partisanship on the part of the CBN.

There is palpable anger engendered by frustration in the land. The wave of discontent increases with unbelievable rapidity across the country. The current hardship being experienced by ordinary people forebodes unpleasant consequences. These crises may set in motion a chain of events the end of which is better imagined.

The Federal Government must make a categorical pronouncement on the availability of petrol and its price since it is the general belief that the country still pays humongous amounts as subsidy. A situation which permits a few individuals to inflict pains on the populace, seemingly without check, is deplorable”, he further stated.

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