Founder of The True Covenant Church of God (TCCG), Bishop Festus Otusanya Olufemi popularly known as Omomajemu has called the current naira scarcity in Nigeria an economic plague.
As maintained by the youngest Bishop, the federal government is financially torturing Nigerians at a time the people are struggling to meet their daily meals.
In his message to Ikorodu News Network (INN) on the 17th of February 2023, Omomajemu explained that the Central Bank Of Nigeria (at the detriment of the people) is dancing around with the FG on its policies, while Nigerians are battling to adjust in accessing the newly designed naira notes.
He said, “I am an accountant by profession, and if CBN wants a country of over 200 million people to be stabilised, it means over 70 trillion naira have to be circulated for even distribution by banks to calm the chaos”.
“In some places, to withdraw N10,000 via POS, people are being charged N1000 naira, N1500 to collect their own money. This challenge is only adding distress to the frustration of the masses”.
“CBN cannot say they’re not aware of the cries of Nigerians, yet, they’re tossing around policies that will further weaken the strength and drive of the good and innocent people in this nation”.
“Preventing Nigerians from using the old notes while the new notes are scarce is only making twice as much the level of poverty, lack and starvation in the country”.
“We have gone through a lot in this nation already, yet, people are dying over this emergency, businesses are perishing and families are disintegrating due to this crisis.
“It’s the frustration that’s resulting in protest and unwarranted feuds across different regions presently,” Omomajemu said.
The youngest Bishop further advised leaders at the helm of affairs to ensure putting the interest of Nigerians above their convenience, adding that everyone will die and leave their power behind someday.
“What’s happening today is nothing to joke about because our children, youths and adults are all crying, but the strategies of the system seem to be laughing at us“.
“But the truth is, there will always be light at the end of the tunnel for God’s people, and Nigerians will smile at the horizon of this economic disaster” Omomajemu asserted