NewStats: 3,265,164 , 8,185,843 topics. Date: Friday, 13 June 2025 at 05:16 PM 353v27

Senator representing Borno South and Chairman of Senate Committee on Army, Mohammed Ali Ndume has added his voice to negative reactions trailing the redesign and poor issuance of the new naira notes with its attendant scarcity, lamenting that the policy made by Central Bank of Nigeria, CBN has caused more economic harm on military troops fighting Boko Haram/ISWAP and other terrorist activities in the country.

He said, the new policy has forced many frontline troops, especially those fighting Boko Haram/ ISWAP to a perpetual hunger, as they could not get the new currency to buy food items within some areas of engagement.

Ndume stated this on Saturday while interacting with Journalists at his Maiduguri, residence.

He said, the hardship posed on Nigerians by this CBN policy, have nearly caused the life of a soldier when some mobs attempted to kill him during a fracas at one of the ATM queues.

The Senator pointed out that, apart from subjecting troops to hunger, the shortage of the new naira notes have caused logistical problems for military operations in moving their fighting equipment.

He noted that, although, he was not against the CBN policy of redeg a new currency, but such money should be made available to the general public irrespective of political or social background in line with international best practices.

“I want to category other concerned Nigerians for voicing out their anger on the current shortages of the newly redesigned naira notes which has crippled economic activities all over the country.

“I want to tell Federal Government, and particularly the CBN that the situation on the ground is not only affecting the masses, but most importantly is affecting the military operations and other security agencies who are fighting against terrorism and other criminal activities in the country.

“This is because, what i discovered during my recent visit to my constituency, is that, many soldiers who were deployed to various remote areas, are finding it very difficult to survive, as they don’t have money to buy food and other non-food items.

“If as a senator, I am yet to get access to the new currency, what of troops who are on the frontline defending our nation from terrorists? I am aware that even some troops who have secured a do come to nearby commercial banks to withdraw, but most of them end up disappointed as the new naira notes remained inaccessible on the counter or from the Automated Teller Machines, and ATMs.

“It is very unfortunate that the hardship posed on Nigerians by this CBN policy has nearly caused the life of a soldier when some mobs attempted to kill him during a fracas at one of the ATM queues.” Ndume lamented.

He, therefore, call on the federal government and the CBN to expedite action to ensure that the new currency is made available to the people with immediate effect, so as to avoid similar protests witnessed during the EndSARS.

Vanguard report that the CBN had while implementing the policy, printed only N300 billion, while it has recovered about N2.7 trillion old notes in circulation.

https://www.vanguardngr.com/2023/02/naira-redesign-causes-hardship-for-troops-fighting-boko-haram-ndume-laments/

SaPA plus shege

APC Stewarts should stop using formats on Nigerians to attract sympathy and favour

The cash needed to prosecute the war comes from CBN and no soldier is required to lack cash because there are bank representatives in the barracks.

I laugh una

It is obvious that the purpose of redeg the naira has been totally defeated. We have seen how terrorists flaunt bales of the new naira notes while soldiers defending the country and innocent people doing their legitimate daily businesses are yet to have adequate access to the new notes.
We were made to believe that the redeg would make politicians who have piled up stock of the old notes for vote buying during elections and terrorists who are in possession of large volumes of the old notes collected as ransom from kidnapped victims run into huge loss by the time the old notes become unusable.
Now after making innocent people deposit their money into the banks expecting to receive the new notes, everyone becomes cashless as both old and new notes become inaccessible to the people whereas politicians and terrorists whom the redesign was said to be targeted against have more than abundance of the new notes, no thanks to dubious bankers that supply the politicians (some of whom are terrorists' financiers) at a fee through the backyard who inturn find a way of transporting part of it to the terrorists who they have been breeding for possible use during the elections.

MadamExcellency:
APC Stewarts should stop using formats on Nigerians to attract sympathy and favour

The cash needed to prosecute the war comes from CBN and no soldier is required to lack cash because there are bank representatives in the barracks.

No Soldiers is required to lack, right?, so why was there a serious clash between some soldiers and UNIBEN students at an ATM Machine?.. Like I earlier stated on another thread, lots of Obi ers are very ignorant other than punching their keypads in the corner of their rooms. I can assure you that this harsh policy would further encourage vote buying. How would security agents who are being starved of cash decline an offer for cash on an election day?. You think they don't need money to feed their families and send their kids to school.

Emefiele will never know peace for the hardship he made us go Though!

I spent 3 hours just to withdraw 5000 and the bank is deducting 37N per N1000

Imagine

This shows a serious lacuna in the logistics dept of our military.

Soldiers on the Frontline should be insulated from this kinda mess.

Let's assume they are soldiers and can't adapt to the situation, what about their families which plays a big role in their state of mind?

Knowing your kids are hungry cos they can't access the funds you sent them is enough to get your morale down.

Buhari led APC are acute failures without equal.

APC have destroyed Nigeria completely.

Nah CBN Governor then go take do scape goat last last for this matter..

Nah only Buhari fit save ham and that’s if he didn’t lie to buhari at the beginning..

Cc

Lol this breakfast must go round let's see if Nigeria Army 🪖 will go on strike....


All doz highway Police too go protest wen dey don't av access to d daily money they take from motorist...

You mean the soldier wey chop wotowoto from UNIBEN students

Ok.......was one's accused of funding Boko Haram o! If you know you know.

MadamExcellency:
APC Stewarts should stop using formats on Nigerians to attract sympathy and favour

The cash needed to prosecute the war comes from CBN and no soldier is required to lack cash because there are bank representatives in the barracks.

Your father is the bank representative in Borno, àbí?

Just drink mkpurummiri and wake up to type nonsense

All these wailings na because of election Ooo, after election dem go keep quiet. Selfish leaders.

Bleep

APC and jokes

Just withdrawal $ from your aboki will give you any amount

Putindbutt:

No Soldiers is required to lack, right?, so why was there a serious clash between some soldiers and UNIBEN students at an ATM Machine?.. Like I earlier stated on another thread, lots of Obi ers are very ignorant other than punching their keypads in the corner of their rooms. I can assure you that this harsh policy would further encourage vote buying. How would security agents who are being starved of cash decline an offer for cash on an election day?. You think they don't need money to feed their families and send their kids to school.

The guy is a dumb Obidient fool. That's how they type rubbish without thinking.

Is that the excuse they want to use now to thwart this policy? It ain't gon' work!

CBN has a cash swap policy targeted at rural communities who don't have access to the banks.

CBN officials who work in Borno, Adamawa and other Boko Haram affected states should prioritize our soldiers in the battlefield.

The earlier these politicians realize that this policy has come to stay, the better for them.

Good


Instead of crying, why don't we expand internet based banking, and cashless banking to the rural areas and naitonwide?

We have the tech, and we really can operate without cash.

SMH


I want to believe those running the security apparatus of Nigeria.police,navy or military are demon possessed

Emefiele should be jailed for the hardship he has subjected Nigerians into because of his senseless, useless policy.

@Madamexellency you'll not dare say that nonsense you're saying in the front of angry Nigerians trying to cash their money and not get mobbed.

Must you all attribute it to APC

Ok sir.You can give them from your stockpile at home then.

HOW ON EARTH DO THESE IDIOTS EVEN JUSTIFY THE NONSENSE THEY TALK SOMETIMES?
🤔

As patriotic as it could be, risking your life for Nigeria is not a good idea.

Atleast in present time. I don’t know of the future…

Obidiöts think the policy is doing Tinubu but many of them are in silent misery and agony because of this poorly planned policy.

They are well known for cutting their nose to spite their faces, same way they turned South East to an AfghanEastern war zone and sitting at home on Mondays because they think they are doing Buhari awon Nzogbu Nzogbu headless mob.

People who never cared about the hardship of the masses are now talking. Strange times indeed.

Na this naira re-design be the first hardship wey Nigerians go face.
Stupid people that are inflicting hardship on us and never rated us are the one now fighting for us.
There has been continuous fuel scarcity since October, we never hear una voice.
Cost living is highly crazy and unbearable, but you never see that….
Nigeria army are not well equipped and salary is bad, no proper treatment when injured…. Na naira design be their only problem since 1960….

Not only soldiers, but every common man. But some mumu are suffering and smiling because the think it will affect Jagaban of Africa. Even oshobaba who claimed that he bought fuel for N1000, his balance actually felt nothing, everything bounce back to the common masses.

APC ruling party redesigned the Naira.

APC's Ndume and other APC politicians complain most about the redesigned Naira and the scarcity of the new Naira notes.

Is APC a political party of like minded politicians, or is APC a cult led by a few persons but other misled people followed?

This Boko Sponsor too?

These guys think they are talking to BATstards o