• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
AFRIPOL

AFRIPOL

  • Home
  • About Us
  • Mission Statement
  • Articles
  • Book Review
  • Archive
  • Contact Us

Hunger and scarcity of Naira

February 11, 2023 by AFRIPOL Leave a Comment

Written by Pius Okaneme – A seasoned writer, Poet and Analyst.

I enjoy my tea with bread every morning.  It is a habit that has been with me for many years.  I feel like the sun has not risen until I indulge in this morning ritual.  I went to the village market this morning to buy fresh bread. The first indication that something is not right is that the road was nearly empty.  I checked my mind to find out if I have missed the day of the week.  Perhaps, it is a Sunday and it skipped me.  It is Friday.  

I arrived at the market that is regular with buzzing business in the morning.  Most stalls are closed.  I was not daunted.  The market has been scanty of late since the naira change started.  I proceeded to the area where vendors arrive on buses in the morning to sell bread.  I noticed that my customer was not around.  I take it that he did not come because he had told me that the naira change is affecting his business.  His workers are not coming to the bakery because of the scarcity of both the old and new naira notes. They do not have money for transportation or to eat.

Anyway, I chose to patronize one of the few vendors at the location.  I prefer the bread the vendor sells after that of my customer.  This is a popular vendor.  On a normal business day, customers stand in line to buy her bread.  I made a remark that her front is quiet.  She responded that I can see for myself what the naira change is doing to her business.  I assumed that she was selling her bread with the redesigned naira notes.  I told her that I have the new naira note and that I hope she will give me change with the same.  She said that I have to count the number of customers that have paid her with the new notes.  

Surprised that she is accepting the old naira notes, I told her that today is the last day the government said that they will be accepted for business transactions.  A lady standing by to buy bread budged into the conversation and told her that the date has been changed.  She said that the government extended the use of old naira notes till July or maybe June.  I corrected her that what she said was not true.  She said that she does not care.

People are frustrated and confused that the banks are not giving out the new naira notes.  There is not sufficient money in circulation.  I decided not to buy bread this morning because the vendor does not have the new money to give me for change.  I do not want to accept the old naira notes and have to suffer the pain of returning them to the bank or be stuck with them.  The stress in society is immense.  People were hungry and could not go about their normal business.  Even those that have money in the bank cannot access it.  I pray for families to support one another to overcome this failure of government.           

Filed Under: Articles, Strategic Research & Analysis

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

More to See

UN Chief speaks On the International Day of Remembrance of the Victims of Slavery (videos)

March 24, 2026 By AFRIPOL

President Cyril Ramaphosa’s Powerful Tribute to Jesse Jackson (video)

March 10, 2026 By AFRIPOL

RSS AllAfrica News: Latest

  • Africa: Rwanda and South Africa - From Diplomatic Frost to Strategic Partnership and Greater People-to-People Mobility
    [allAfrica] After more than a decade of diplomatic estrangement, Rwanda and South Africa appear to be taking meaningful steps toward rebuilding a relationship long marked by suspicion, political tensions, and missed opportunities. Recent high-level engagements between Kigali and Pretoria suggest a growing recognition that Africa's future is better served by cooperation than confrontation. As both […]
  • Tanzania: My Christian Father, My Muslim Mother, and My Country's Truth
    [allAfrica] My father is a devout Lutheran. My mother is a practicing Muslim. I was educated at a Catholic school. This is not an unusual story in Tanzania - it is a very ordinary one.
  • Ghana: Ghana Pip Panama in World Cup Opener... Team Arrives in Rhode Island Base to Prepare for England
    [Ghanaian Times] Caleb Yirenkyi bundled in the winning goal in the fifth minute of stoppage time, to send thousands of Ghanaians in Canada into a frenzy.
  • Nigeria: Retired Military Officers Warn Against Ethnicising Insecurity
    [Vanguard] Retired military officers and associates of the late Major General Rabe Abubakar have cautioned Nigerians against blaming the North for the country's worsening insecurity, insisting that terrorism, banditry and kidnapping have evolved into a nationwide threat affecting all regions.
  • Rwanda: Genocide Survivors Urge Australia's Griffith University to Disassociate With Judi Rever
    [New Times] Genocide survivors' organisations from Rwanda and across the diaspora have called on Australia's Griffith University to sever any association with Judi Rever, a Canadian author and journalist known for promoting narratives that distort and deny the 1994 Genocide against the Tutsi.
  • Malawi: Mera Cuts Fuel Prices As Malawi Moves to Ease Pump Costs
    [Nyasa Times] Motorists and businesses across Malawi are set to benefit from lower fuel costs after the Malawi Energy Regulatory Authority (MERA) announced significant reductions in the retail prices of petrol, diesel, and kerosene, effective midnight on 19 June 2026.

Tags

Achebe Africa Anambra Boko Haram Buhari CBN Corona Virus Egypt Igbo IMF Inflation Jonathan Kenya Nigeria Okonjo Iweala Peter Obi Sanusi Senate Soludo South Africa Soyinka United States
  • Facebook
  • Instagram
  • Twitter
  • YouTube

Archives

Footer

Africa Political and Economic Strategic Center, AFRIPOL is foremost a public policy center whose fundamental objective is to broaden the parameters of public policy debates in Africa. To advocate, promote and encourage free enterprise, democracy, sustainable green environment, human rights, conflict resolutions, transparency and probity in Africa.

Recent

  • Nigerian American OG Anunoby and Knicks win NBA Finals
  • Kemi Badenoch: ‘Nigeria is an oil producing country that has never had electricity’
  • Japanese goalkeeper Zion Suzuki has Ghanaian Heritage
  • Peter Obi: ‘Corruption kills Entrepreneurship’ (video)
  • Christina Koch, NASA astronaut: ‘I studied in Ghana’

Search

Tags

Achebe Africa Anambra Boko Haram Buhari CBN Corona Virus Egypt Igbo IMF Inflation Jonathan Kenya Nigeria Okonjo Iweala Peter Obi Sanusi Senate Soludo South Africa Soyinka United States

Copyright © 2026 · AFRIPOL