New Naira, petrol scarcity: Oodua Youth Parliament gives CBN, NNPCL 3-day ultimatum

From John Dike, Osogbo

The Central Bank of Nigeria (CBN), was on Monday given a 3-day ultimatum to solve the problem of scarcity of new Naira notes in the country, or be ready to deal with organised protests.

This ultimatum was handed down by a pan-Yoruba cultural group, Oodua Youth Parliament (OYP), which also threatened to give the Nigerian National Petroleum Corporation Limited (NNPCL) same treatment, if nothing tangible is done to address the problem of persistent fuel scarcity across the nation within three days.

To this end, the OYP advised the CBN Governor, Mr Godwin Emefiele and the Group Managing Director (GMD) of NNPCL, Mr Mele Kyari, to find urgent solutions to the hardships currently being faced by Nigerians or be ready to host mass protests.

In a statement, Speaker of the pro-Yoruba cultural movement Abdulmajeed O. Oyeniyi, decried the hardship experienced by Nigerians due to what he described as deliberate sabotage by Emefeile and Kyari, to pave the way for an alleged ulterior motive of some influential individuals in corridors of power, bent at foisting their will on hapless people of Nigeria.

He wondered why officers appointed to discharge most important functions that have serious socio-economic effects on lives of Nigerians could turn around to be sources of devastating nightmare, urging the two public officials to urgently resign their appointments within three days or be faced with a protest action that may not be palatable and too hot for them to handle.

Oyeniyi, however, commended the Osun State Commissioner of Police, Patrick Kehinde, whom he described as a competent and exemplary cop.

While commending CP Kehinde for handling professionally the brewing anger resulting from scarcity of naira and fuel, he noted that otherwise, it would have degenerated to public disturbance and above all jeopardise the peace being enjoyed in the state.

According to the statement: “Nigerians are going through a lot, ranging from economic devastation as a result of deliberate action of heads of CBN and NNPCL who are bent on triggering nationwide disaffection and public apathy to satisfy the whims of some selfish individual in the corridors of power.


“It is sad and disheartening seeing the pains and anguish caused Nigerians who should be preparing for a general election, but are occupied with queueing up for the whole day, while some spend the night at filling stations or banks ATM points.

“It is heartless and insensitive to subject people to such inhuman treatments over their constitutionally-given rights in a very crucial time of an election month.

“What will these two public officers gain for causing general hunger, starvation and crumbling basic economic activities in the country?

“We are sounding a note of warning to them that their time is up for either they make these most important products available or face an effective protest, capable of consuming them.”

Leave a Reply

Your email address will not be published. Required fields are marked *