Vice President Yemi Osinbajo, SAN, has expressed concern over difficulty experienced by Nigerians in getting the new naira notes.

The VP on Friday in Abuja met with some players in the FinTech space to explore possible ways of mitigating the hardship.

Osinbajo urged the Central Bank of Nigeria (CBN) and banks to deploy more FinTechs and money agents to the hinterlands to address the worrying situation. The Vice President stated that Nigerians need cash to pay for transport, food, and other needs.

“In Abuja how do you take ‘drop or along’ or use a Keke NAPEP without cash, or buy foodstuff on the road or in canteens, or even buy recharge cards?

“Parents with kids in public schools give money daily to their children for lunch, most commerce is informal, so you need cash for most things”, he said.

Osinbajo said it was disturbing that after depositing old notes, there are no new notes: “People everywhere in the urban areas and rural areas simply have no money.”

The nation’s second-in-command observed some FinTechs have mobile money licenses and should be engaged immediately.

He said many of them have micro-finance bank licenses and already have a network of mobile money agents or human banks or human ATMs, as they are sometimes.

“They can supervise by themselves. They can do currency swaps and open bank accounts.”

Also on Friday, President Muhammadu Buhari met with some All Progressives Congress (APC) governors at the Presidential Villa over the nara scarcity.

Corrinthians:
Tinubu must really be feeling the heat. He bribed Osinbajo from his bullion van money to say these things.😠😠

ShobayoEmma:
Today I made the decision to publicly declare my support for the presidential candidate of the Labour Party on the ground of the most physically, mentally and morally qualified among the options we are faced with.
God bless all the obidients.
God bless Nigeria.

N04W90E47-Newman*

donphilopus:


Swears bros. 🤣

These children of hate are just so senseless.

Most of the undecided voters are now sympathetic to Tinubu. What they initially thought would affect him is now working for him. Lol

nairavsdollars:
Buhari must go!

Corrinthians:
Tinubu must really be feeling the heat. He bribed Osinbajo from his bullion van money to say these things.😠😠

ShobayoEmma:
Today I made the decision to publicly declare my support for the presidential candidate of the Labour Party on the ground of the most physically, mentally and morally qualified among the options we are faced with.
God bless all the obidients.
God bless Nigeria.

N04W90E47-Newman*

Azyne:
I would be surprised if you dont have stacks of the new note stashed somewhere sir, Quit acting like you're pitying Nigerians and actually do something, you and your oga. Its not funny anymore

Misterone:
you no get sense. IPOB youth. So he must be hungry before he can complain, rubbish. Your complaining master Obi is still talking about China, Malaysia and Egypt. He has not said anything about your suffering. Make suffer head no kill you. idiot

Hopium:
Buhari go they talk something else, Osinbajo go dey talk another.

It's like he doesn't even know about anything going on in the presidency.

Examine his tone in this article. He sounds like an outsider. This is the kind of idea he should have discussed with Buhari.

“In Abuja how do you take ‘drop or along’ or use a Keke NAPEP without cash, or buy foodstuff on the road or in canteens, or even buy recharge cards?

“Parents with kids in public schools give money daily to their children for lunch, most commerce is informal, so you need cash for most things”, he said.[b][/b]

He was the VP when the CBN brought the swap idea to the presidency; why is he sounding like an opposition?

Hopium:
Buhari go they talk something else, Osinbajo go dey talk another.

It's like he doesn't even know about anything going on in the presidency.

Examine his tone in this article. He sounds like an outsider. This is the kind of idea he should have discussed with Buhari.

“In Abuja how do you take ‘drop or along’ or use a Keke NAPEP without cash, or buy foodstuff on the road or in canteens, or even buy recharge cards?

“Parents with kids in public schools give money daily to their children for lunch, most commerce is informal, so you need cash for most things”, he said.[b][/b]

He was the VP when the CBN brought the swap idea to the presidency; why is he sounding like an opposition?

BamakSNR:

You've decided to waste your vote