Nigerian singer, and songwriter, Yemi Alade, has called out the Central Bank of Nigeria, CBN, for the hardship faced by Nigerians due to dollar transactions.
Alade, in a Twitter thread on Sunday, lamented that the restrictions on dollar transactions have affected imports by legitimates, hence making the poor man ‘poorer’
She urged CBN to consider the ordinary man in Nigeria who depends on legal businesses, adding that the country is becoming unbearable to live in.
Her tweets read: “The state of the economy in Nigeria CBN REALLY NEEDS TO CONSIDER THE ORDINARY MAN IN NIGERIA! All the new restrictions on dollar deposits is affecting a lot of businesses. You don’t have enough dollars to even give legitimate business people for their imports ,why not find another solution. Poor man is getting POORER.
“Can you please create a balance for us CBN? While you have focused on truncating cash dollar deposits, the Cyclic nature of Money from rich to poor is making this country unbearable to live in.”