In a statement he signed, Governor Akeredolu said that the people have been forced to live in excruciating pain because of the naira and the lack of fuel.
In a statement titled “The President Must Intervene, Decisively, On The Crisis of Distribution of Petrol and Currency Notes,” the governor complained that “Nigerians are practically buying the country’s currency to feed when we are not at war.”
He said these ugly changes are already hurting the Federal Government’s reputation for keeping the country stable over the past seven years.
Akeredolu said that some people he called “unscrupulous elements” were to blame for the lack of fuel and new naira notes in the distribution chain.
“Nigerians have been living with scarcity of petroleum products for some time. Fuel scarcity, a phenomenon that this current Administration had once confined to the dustbin in the chronicle of happenings in an inglorious past, has suddenly assumed a permanent feature of our daily existence. There appears to be no solution to the perennial crisis.
“The struggles and actual fights recorded in banking halls, ATM and POS points, and markets across the country are disquieting.
“The choice of this period for the implementation of a policy, which bears an instant negative impact with no discernible mitigation in sight, raises serious suspicion of partisanship on the part of the CBN.
“The ordinary people are the victims. Depositors can no longer access their monies even to feed their families. Hunger is not the anticipated result of a monetary policy.
“While no reasonable person will contend with the decision of the CBN to discharge its statutory functions, the plight of the downtrodden must, however, be considered. Majority of Nigerians groan, at present, under the crushing weight of these crises.
“There is pervasive discontent in the land, and unless some urgent redemptive steps are taken to ameliorate the debilitating effects of seeming desultory and nonchalant disruptions of their normal simple lives, a series of events with unpleasant consequences are inevitable.
“There is palpable anger engendered by frustration in the land. The wave of discontent increases with unbelievable rapidity across the country.
“The current hardship being experienced by the ordinary people forebodes unpleasant consequences. These crises may set in motion a chain of events, the end of which is better imagined.
“The Federal Government must make a categorical pronouncement on the availability of petrol and its price since it is the general belief that the country still pays humongous amounts as subsidy.
“A situation which permits a few individuals to inflict pains on the populace, seemingly without check, is deplorable. The CBN Governor, Mr Godwin Emefiele, must come clean on the new monetary policy. Nigerians are practically buying the country’s currency to feed when we are not in a state of war.
“The fact that the ruling party hopes to present candidates for election in the general elections in the coming weeks accentuates the level of suspicion as regards the possibility of having certain elements whose interests stand at variance with the general aspirations of the party and its committed members.
“There is no better way to de-market a brand than this ruthless execution of a pernicious motive. The Federal Government, through the President, must act now,” he said.