HomeBusinessPlateau residents narrate impact...

Plateau residents narrate impact of cash scarcity on their lifestyle

Some residents of Plateau have decried the impact of the current cash crunch on lifestyle and businesses.

Speaking to the News Agency of Nigeria (NAN) in Jos on Saturday, they called on the federal government and other stakeholders to take urgent steps to ameliorate these sufferings.

Recall the Central Bank of Nigeria (CBN) stated it has released the old Naira notes to banks across the country and ordered them to open on Saturday and Sunday to dispense to customers.

Mohammed Udauns, a poultry farmer in Jos, said that the cash crunch had affected poultry farmers in the state negatively because they depend mostly on physical cash in their business.

He added that the crunch has also changed the lifestyle and thought patterns of people on expending and transacting business.

“So many things have really been affected, I am sure a lot of people have learned so many lessons from this experience, and some of these lessons will become lifestyles.

“Everything and everyone has had to adjust, lifestyle has changed, perspectives have changed and now people value funds more.

“But beyond that, of course a lot of businesses have had to fold up, a lot of families have been affected directly, some can’t feed. I mean so many things are on the receiving end of this cash redesign,” he said.

Mrs Kachollom Bot, a vegetable dealer in Farin-gada market, said that there may be food shortage later in the year as many farmers had to either eat or sell off their seedlings in exchange for cash.

She called on government and the CBN to be more proactive in the future in taking and making policies that had direct impacts on all Nigerians.

Mr Gyang Zhi, a Bar and Club owner in Rayfield, Jos South, said he felt the impact of the situation when he has to initiate business transactions with others.

He stated that the business in his bar has recorded more output as he has had more visitors in the bar.

He however noted that lots of people also drank on credit due to the absence of physical cash.

Zhi, therefore, called on relevant government authorities to take measures to help relief the sufferings of the common man whose livelihood is dependent on physical cash.

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

spot_img

Read Now

Lazarus Angbazo: Beyond Roads and Power, Who Will Finance Human Capital Infrastructure for Africa’s Workforce?

By Lazarus Angbazo |  [email protected] Africa is entering one of the most ambitious periods of infrastructure and industrial investment in its history. Governments are expanding power generation, transport networks, ports, industrial parks, and digital infrastructure, while African private sector leaders are making unprecedented long-term commitments to manufacturing and industrial...

Residents: Key Factors to Consider When Choosing a Self Storage Facility in Philadelphia

Finding the ideal self-storage unit can be challenging, especially in Philadelphia, where options abound. Many residents seek facilities that not only safeguard their belongings but also provide value and convenience. In this article, you'll learn the key factors to consider when selecting a self-storage facility in the...

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...