Ever since I learnt how to spell my name, there have never been a time that there was scarcity of paper money in the whole of Nigeria. Not even once, but the trend we are facing at the moment is really appalling.
Nigeria is currently trying to push a new redesigned face of our paper money into the economy and the deadline for the usage of the old money is speculated to be 10th of this month.
Due to this, we've been dealing with a whole bunch of issue of scarcity of paper money and we don't know what to do about this.
Consequentially, we are now facing a situation where people struggle to earn and even when they have money in their account, they still find it very very hard to cash out the money because of this issue of scarcity of paper money in circulation.
Spanish Version
Desde que aprendí a deletrear mi nombre, nunca hubo un momento en que hubiera escasez de papel moneda en toda Nigeria. Ni siquiera una vez, pero la tendencia a la que nos enfrentamos en este momento es realmente terrible.
Nigeria actualmente está tratando de impulsar una nueva cara rediseñada de nuestro papel moneda en la economía y se especula que la fecha límite para el uso del dinero antiguo es el 10 de este mes.
Debido a esto, hemos estado lidiando con un montón de problemas de escasez de papel moneda y no sabemos qué hacer al respecto.
En consecuencia, ahora nos enfrentamos a una situación en la que las personas luchan por ganar e incluso cuando tienen dinero en su cuenta, todavía les resulta muy difícil retirar el dinero debido a este problema de escasez de papel moneda en circulación.
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This is the first time Nigerians are desperately looking for Naira. The situation is quite pathetic.