Traditional Rulers from Yoruba speaking areas of Nigeria have appealed to the Federal Government to ease the hardship being encountered by Nigerians in getting the new naira notes and petrol.
The monarchs, which cut across all South West states and some North Central states during their meeting in Ibadan, Oyo State, declared that “we are using this medium to call on the government to urgently find immediate and lasting solution to the current hardship facing the entire people of Nigeria through the scarcity of petroleum products and non availability of new naira notes.”
In a communique released on Saturday, the traditional rulers, under the aegis of the Yoruba Obas’ Forum, after a meeting of its executives in Ibadan, Oyo State on Friday 3rd February, 2023, condemned the continuous scarcity of Premium Motor Spirit (Petrol) due to the inability of the Nigeria National Petroleum Corporation (NNPC) to address the situation for the past months.
The statement was released on their behalf by the administrator of the Forum, Oba (Dr) Michael Odunayo Ajayi, the Elerinmo of Erinmo.
It was jointly signed by the Molokun of Atijere, President of the Forum, Oba Samuel O. Adeoye, the General Secretary of the Forum and Olukotun of Ikotun-Ile, Oba. Dr Abdulrasaq Adebayo Abioye, the Forum PRO and Alayandelu of Odo-Ayandelu, Oba (Bldr) Asunmo Ganiyu Aderibigbe, the Forum’s Financial Secretary and Olasole of Lasole, Oba Dairo Jacob Olufayo, the Olujumu of Ijumu Kingdom, Oba Williams Olusegun Ayeni, the Ologijo of Ogijo, Oba Kazeem Gbadamosi, the Onileki of Lekki, Oba Liasim Olumuyiwa Ogunbekun and the Alagbado of Agbado, Oba Adedayo Shyllon Sogbulu.
In the statement, the traditional rulers also decried the current difficulties encountered by their people in getting the new naira notes as well as non availability of the currency while recommending immediate resolution by government.
According to the Yoruba Obas “The current situation has forced traders to increased the price of their products while it has also affected commercial transportation which is bouncing back on the masses.
“Even the current situation has forced most traders to lock their shops due to their inability to trade and in a bid to avoid collecting the old notes, which were still largely in circulation.”
The Monarchs affirmed that the cash crunch has affected lots of Nigerians in the rural areas, whose major means of getting cash was through POS operators most of whom had now been squeezed out of business.
“Understanding that a vast majority of Nigerians operate in the informal sector doing petty trade and without the level of literacy to handle non cash transactions, this cash crunch has literarily shut their operations down with ripple effects on millions.”
They called on Federal government to be magnanimous and respond to the cries of the people by immediately reversing this policy by allowing the use of both new and old naira notes concurrently for a long while.
Similarly, the Yoruba Obas expressed their full support to shift power to the South in 2023 for fairness and equity after eight years of Northern presidency.
They also re-echoed the position of other prominent Nigerians that the power should be rotated between the North and the South, it is for the betterment of Nigeria.
They prayed for a smooth and peaceful election, urging the youths and other Nigerian people not to engage in acts of violence or contravene any laws of the country as election is not a do or die affair.
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