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Lawmakers Seek Re-introduction Of Coin To Tackle Inflation

by Present Nigeria
March 22, 2022
in News
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Electoral Act: House Passes Bill, Retain Clause 52
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House of Representatives has asked the Central Bank of Nigeria to reinforce the use of coins in the country, as part of efforts to tackle price inflation and stabilise the economy.

The matter was deliberated upon during plenary on Tuesday following a motion moved by a lawmaker, representing Toro Federal Constituency in Bauchi State, Umar Lawal.

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It’s been decades since the use of coins was withdrawn in Nigeria.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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