Civil servants stranded over scarcity of old, new naira note

 

The National President, Association of Senior Civil Servants of Nigeria, Tommy Etim, has lamented that some workers have been unable to go to work because they do not have cash for transportation.

In an interview with one of our correspondents on Thursday, Etim, who doubles as the Vice-President of the Trade Union Congress, noted that the only condition for the Central Bank of Nigeria’s February 10 deadline to stand was for there to be enough new notes in circulation.

He stated, “The policy is a good one but unfortunately, it is not working as planned. Now, it is not even politicians who are suffering, it is the poor masses. From the socio-economic outlook, the informal sector is bearing the brunt. A lot of workers don’t even have money to go to the office, how will productivity come to place? If there is no productivity, how will the economy grow? A civil servant cannot pay taxi N200 with bank transfer because drivers only believe in the cash they see with their hands.

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