A Senior Advocate of Nigeria – SAN, Femi Falana has described President Muhammadu Buhari’s Thursday broadcast as hopeless.
Falana said Buhari’s decision to allow only the N200 note in circulation and keep the old N500 and N1000 notes out of is not enough to end the crisis.
The Chairman of the Alliance on Surviving Covid 19 and Beyond – ASCAB, said in a statement that there are not enough old 200 naira notes to replace all the old N1,000 and N500 notes.
He pointed out that the “crisis” was created by the government, adding that it is only the government that can end it.
According to him, “this crisis will get worse in the days to come.”