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Naira Cashless Policy will Affect Soldiers on Military Operations – NSA Monguno Warns

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Prnigeria
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February 9, 2023
PRESIDENT BUHARI PRESIDE OVER NSCM 15A-C.The National Security Adviser to the President Maj Gen Babagana Mongonu briefing State House press after the National Security Council meeting (NSCM) held at the State House Council Chambars Abuja. PHOTO; SUNDAY AGHAEZE. MARCH 2nd 2021

Naira Cashless Policy will Affect Soldiers on Military Operations – NSA Monguno Warns

The National Security Adviser, NSA, Maj Gen Babagana Monguno (Rtd) has said that naira scarcity and the cashless policy will affect Nigerian soldiers on military operations in remote places.

Monguno stated this on Thursday at the hearing organised by an adhoc committee of the House of Representatives looking into currency redesign and naira swap policy.

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  • Tinubu Reappoints Sadiq Yelwa as N-HYPPADEC Boss

The NSA, who was represented by A.A. Mustapha, a director in the Office of National Security Adviser, ONSA, said there is an ongoing effort to address the challenge.

“Globally, military operations, even in First World countries, such policies, if not properly well thought out will affect some of our soldiers in places where they cannot actually access digital means of paying for their daily subsistence,” he said.

Earlier in his speech, the chairman of the committee, Ado Doguwa, said: “It is the belief of this committee that the policy would have, in one way or the other, certain implications [for] the security apparatus or security architecture of the country, especially when we are facing elections.”

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CDS Highlights Pan-African Security Priorities Ahead of Defence Chiefs’ SummitICPC Secures Conviction in UK Visa Document Forgery CaseTinubu Reappoints Sadiq Yelwa as N-HYPPADEC BossTinubu Departs Abuja for Japan, Brazil ThursdayRibadu, Fagbemi Assure NDLEA of Tinubu's Continuous Support Against Drug AbuseAnambra Police Smash Cultist Hideout, Recover Firearms, Illicit DrugsCustoms, FIRS Accelerate Efforts for Single Window Rollout in Q1 of 2026NDLEA Raids Kano Drug Dens, Arrests 49 SuspectsNAFDAC Seizes Over 10,000 Cartons of Unregistered Products at Lagos MarketNAF Airstrikes Eliminate 592 Terrorists, Destroy 372 Assets in 8 Months, Says CASZulum Urges NAF to Intensify Airstrikes on Terrorists' HideoutsAnambra Police Arrest 63-Year-Old Suspected Kingpin of Inter-State Child Trafficking SyndicateEFCC Reaffirms Non-Partisan Mandate Amid ADC’s AllegationsCustoms Foils ₦10bn Smuggling Attempt, Hands Seized Contraband to AgenciesJUST IN: 16 Inmates Escape from Keffi Prison, Seven Recaptured - NCoS
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