Mr Femi Aina, the father of a National Youth Service Corps member, Oreoluwa, who was one of those who died in the Lagos train crash has said the lingering naira scarcity contributed to the unfortunate situation that led to his daughter’s unfortunate death.
Last Thursday, a Lagos State Government staff bus collided with a train in the PWD area of the state, leading to the death of some passengers with many hospitalised after suffering severe injuries.
In an interview with The PUNCH, Aina said his daughter did not usually board the staff bus every day, but did not have enough cash on her on that fateful day.
The PUNCH reports that the naira scarcity following the redesigning of the old N200, N500 and N1000 notes by the Central Bank of Nigeria has pushed many Nigerians to hardships.
The Supreme Court has however invalidated the new naira design policy initiated by the Federal Government on the grounds that it was not done with due consultation and in line with constitutional provisions.
The apex court on March 3, ordered that the old naira notes shall continue to be used side by side with the new naira notes till December 31, 2023.
The court held that the three months timeline was also not in tune with the CBN’s Act and as such unconstitutional.