Falana-Led Group Threatens Nationwide Protest Over Fuel, Naira Scarcity Crisis
Falana-Led Group Threatens Nationwide Protest Over Fuel, Naira Scarcity Crisis
Alliance on Surviving Covid-19 and Beyond (ASCAB) led by Falana has threatened a nationwide demonstration should the Federal Government fail to bring to an end the scarcity of fuel and naira notes in the country.
The group, in a statement signed by its interim Chairman, Femi Falana, on Monday, said the currency and fuel crises constitute an unprecedented challenge to economic survival of ordinary people and these may threaten the 2023 elections.
ASCAB stated:
Unless the twin crises of fuel and currency scarcity are immediately resolved within the timeline given by the President, ASCAB has resolved to call on the Nigerian people to commence series of peaceful mass actions in their communities to resist the unjustifiable economic hardship which may compel postponement of the forthcoming elections as INEC has hinted.
If the Federal Government fails to resolve the twin crises of fuel and currency scarcity before February 10, 2023 the country will witness nationwide peaceful mass actions by the Nigerian people.
The statement reads in part;
The Federal Government has unleashed untold hardship on the masses of Nigeria by the unprecedented scarcity of the Naira, fuel scarcity and skyrocketing rise in fuel prices. Fuel and currency scarcity is inexplicable and unacceptable. The Federal Government has shirked its obligation to guarantee the security and welfare of the Nigerian people as provided under Section 14(2)(b) of the Constitution of the Federal Republic of Nigeria, 1999, as amended.
Sporadic peaceful protests have erupted throughout the country expressing the deep displeasure of the masses.
Since it is now clear that enough Naira notes have not been printed the Central Bank should allow the old and new Naira notes to be legal tender in Nigeria. This suggestion is in line with Section 22 of the Central Bank Act which permits the replacement of old currency notes with new ones after the deadline fixed by the CBN.
Meanwhile, officials of the CBN and other banks involved in hoarding or selling the new currency notes should be prosecuted to serve as a deterent to other economic saboteurs.
We warn such politicians to drop the dangerous agenda unless they are prepared to rule dead people.
Unless the twin crises of fuel and currency scarcity are immediately resolved within the timeline given by the President, ASCAB has resolved to call on the Nigerian people to commence a series of peaceful mass actions in their communities to resist the unjustifiable economic hardship which may compel postponement of the forthcoming elections as INEC has hinted.
