Human Rights Writers Association of Nigeria (HURIWA) has called on Federal Government to investigate the Central Bank of Nigeria over prolonged artificial scarcity of naira notes.
The group urged President Bola Ahmed Tinubu to order the Department of State Services (DSS) and Economic and Financial Crimes Commission (EFCC) to probe suspected economic sabotage, which has adversely affected businesses all around the country.
HURIWA said that since the scarcity of the national currency resurfaced around the last quarter of last year, the CBN has failed to address it, even when it is statutorily responsible for the smooth circulation of the notes.
According to the group, CBN has failed by virtue of her legal functions to issue legal tender currency in Nigeria; maintain external reserves to safeguard international value of the legal tender; promote a sound financial system in Nigeria, and act as banker and…
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