The founding Director General of the Governors Forum, Earl Osaro Onaiwu, has called for an urgent meeting between the leadership of the Central Bank of Nigeria and state chief executives. This meeting, Onaiwu, reckons, will help to solve the escalating crisis arising from the new CBN policy phasing out old higher denominations of the naira. In a statement on Thursday, Onaiwu said it was regrettable that a policy that the CBN said was meant to salvage the country’s economy was now threatening to collapse businesses, especially cash-based ones. “It is…
Read MoreONAIWU SEEKS CBN, GOVERNORS’ PARLEY TO SOLVE CASH CRISIS
