The Nigeria Governors’ Forum (NGF) has warned that the continuous scarcity of the 200, 500 and 1,000 naira new notes may lead to economic recession as well as severe food inflation.
The Forum, in a communique issued at the end of its meeting lamented that though the Attorney General of the Federation, Abubakar Malami, said the Federal Government would comply with the order of the Supreme Court of Nigeria, Nigerians have not experienced any change so far.
The NGF however, urged the Federal Government and the CBN to respect the Rule of Law and listen to the voice of reason expressed by Nigerians.