VIDEO: SCARCITY OF NAIRA NOTES CRIPPLES SME IN NIGERIA

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As a result of naira notes scarcity caused by the currency redesign policy of the Central Bank of Nigeria, many Small and Medium-sized business enterprises have been crippled.

This video clip gives the situation report of the business situation at the plantain and banana market at Idi-oro, Lagos.

In spite of the Supreme Court’s ruling that the old N200, N500 and N1,000 should be returned to circulation as legal tender till December 31, it appears that the banks are still dragging feet on the issue.

In the interest of the common man, it is hoped that the CBN will acts fast to save our economy from total collapse.

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