Agusto & Co has said that the cash constraint that emanated from the naira redesign policy of the Central Bank of Nigeria will affect the living standard of rural dwellers. It said this in a report titled ‘Redesign gone wrong? – costly cashless’. It stated, “The cash constraint is also likely to compel consumers to prioritise spending on necessities, leaving many businesses, particularly MSMEs, with decreased sales and heightened credit risks. READ ALSO: JJC Skillz Remarries Nine Months After Split From Funke Akindele Soldiers Shoot 15-year-Old boy, Keke Operator Dead…
Read MoreCash Constraint Affecting Rural Dwellers’ Living Standard – Report
