President Muhammadu Buhari has appealed to Nigerians to give him seven days to resolve the lingering cash crisis causing economic havocs and heating up the polity.
The President also blamed the escalating cash crisis on banks, expressing doubts about their commitment to success of the policy.
Buhari spoke during a meeting with the Progressive Governors Forum (PGF) to seek solutions to the cash crunch, which they lamented was threatening the good records of the administration in transforming the economy.
A statement by Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, after the meeting noted the cash crunch has become a problem across the country from the policy of the Central Bank of Nigeria (CBN) to change high value naira notes with new ones.
Buhari said the currency re-design will give a boost to the economy and provide long-term benefits while expressing doubts about the commitment of banks in particular to the success of the policy.
