Reps Urge CBN To Address Cash Crunch As Economic Hardship Bites

The House of Representatives Tuesday expressed concern over the ongoing cash crunch in commercial banks across the country, calling on the Central Bank of Nigeria (CBN) to address the situation which has disrupted economic activities and caused significant hardship to citizens. This followed a motion of urgent public importance moved by Hon. Uguru Emmanuel. Moving the motion, Emmanuel highlighted the severe economic and social implications of the cash scarcity, which has left many Nigerians unable to access funds even for basic needs. He noted that while economic growth relies heavily…

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