Eze Ndigbo Ghana, HRM Ihenetu Commends CBN/FG On Limited Cash Reversal

Advises government on economic goals for 2023

Sequel to the reversal of limited cash withdrawal policy of the Central Bank of Nigeria on Wednesday, the Eze Ndigbo Ghana and the Assistant Publicity Secretary Association of Ndieze Ndigbo in the Diaspora, HRM Eze Dr Chukwudi Ihenetu has commended the apex bank and President Muhammadu Buhari for listening to the yearning of Nigerians, even as he sets socio-economic agendas for the Federal Government in 2023.

In the past couple of weeks, wide condemnation from well meaning Nigerians has trailed the policy which pegged withdrawal for individual at 20,000 daily, 100,000 weekly over the counter and 500,000 thousand for cooperate organisation until on Wednesday when the CBN reversed the policy to 100,000 daily and 500,000 weekly for individuals and 5 million Naira for corporate organisations.

In a statement, HRM Dr Ihenetu, a Global Peace Ambassador said the move shows that government and it’s agencies listens to the yearning of the populace.

The Umuduruoha Amaigbo Nwagele Imo-State born Royal Father, HRM Dr Ihenetu said reversal of the policy would give life line to Nigerians in the rural areas who may not have the capacity to cope with the cashless trend.

While setting agenda for the FG in 2023, HRM Dr Ihenetu urges the Federal Government to address the problems of power, security, unemployment, health and road infrastructure.

In the area of power, the Royal father said no nation can develop without adequate and steady power which could be generated from Nuclear, fossil fuel, water, Solar and wind. “Since independence till date, our country has being plagued with inadequate power. This situation has negatively affected our industrial growth. If government address this challenges. next year, then we are on the part to development.”

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Closely related to power is issue of security. For decades now, Nigeria has been affected with insecurity. Banditry in the North, militancy in the South South and kidnapping in the south east. Although the security forces has risen to the ocassion, the antics of this criminals has chased investors away from our beloved nation.

On issue of unemployment, thousand of youths who graduates yearly only swell the unemployment rank. With no viable job, they becomes tool in the hands of criminals and this worsen insecurity in the land.

Health sector has not also been given the desired attention as most of the hospitals lack facilities to meet the daily health needs of most Nigerians.

Road infrastructure is not also left out as most major roads connecting the nation is in bad shape. For instance, the Aba Port Harcourt road is so bad that vehicles often break down on that road and with the Federal Government foreclosing the Maiduguri- Port Harcourt Eastern rail line project, no alternative mode of transportation is in sight.

As a way forward, the incoming government in 2023 should give attention to these critical issues affecting Nigerians.Thos agendas if implemented could return Nigeria to the path of socio-economic recovery.

While commending President Muhammadu Buhari for opening a section of the 2nd Niger Bridge, HRM Dr Ihenetu noted that this development has eased traffic congestion often experienced on that section of the road at this time of the year. He also appealed to the Federal Government to look into other critical abandoned infrastructure in the South east with the sole objectives of completing them before the end of his tenure.

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