Tuesday, 31 January 2023

Arresting bank officials, syndicates selling currency notes is not the solution to our suffering - Nigerians lament

 



Angry Nigerians have called on the Department of State Services to ensure that Nigerians do not continue to suffer and provoked to revolt against the government.


They stated this following report by the DSS that syndicates and bank officials selling the new naira currency notes are being arrested. Reacting to the arrest of the syndicates, one Toba Israel said the DSS had to go after government agencies trying to provoke anger in people to revolt and destabilise the country. 

" How many syndicates can the DSS arrest all over the country? The DSS is just looking for a needle in a big house. Don't they know why those syndicates exists? They are cashing out on the government policy on the naira swap which was not well thought out by the government. The federal government is pushing Nigerians to the wall and very soon people will not be able to take it anymore. Those hoarding and selling the new notes are just opportunists. Someone or some people are trying very hard to destroy our democracy and the DSS is busy pursuing shadows". 

One Benjamin Emmanuel said" I was at the queue at the ATM for two hours before I got the new cash. That is after spending hours the previous day to buy fuel. Since the government is aware that the new notes are being hoarded and sold at higher rates, then why keep frustrating us? They claimed that they have gotten 75percent of the old naira currency notes. The best thing is to call off the deadline for the old naira swap and allow people bring in the old notes to the banks without any pressure of deadline. It will stop people from hoarding the new naira notes and that way the new notes will be in circulation. When you make something scare, definitely the demand will become high and and expensive. Also , the nefarious people will take advantage of the situation and inflict more pain on the people considering the fact that we don't have a price control mechanism. Telling the DSS to arrest those hoarding the fuel, the new currency and the food is a fruitless exercise. How many syndicates can they arrest? ". 

 


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