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“I Was Not Aware There Was Scarcity Of Cash During Naira Redesign Policy” – Regina Daniels



"I Was Not Aware There Was Scarcity Of Cash During Naira Redesign Policy" – Regina Daniels

Nigerian actress, and billionaire wife, Regina Daniels has disclosed that she was unaware of the scarcity of the new Naira note policy by the Central Bank of Nigeria.

TopNaija recalls that the CBN implemented the cashless policy, by redesigning the N200, N500, and N1000 denomination notes.

"I Was Not Aware There Was Scarcity Of Cash During Naira Redesign Policy" – Regina Daniels

The policy, however, generated quite a lot of criticism and outrage in many Nigerians as the redesigned notes were limited in circulation and at that period, many business owners and traders stopped accepting the old ones for transactions.

As that was not enough, many were not given access their money in banks, which negatively affected their businesses.

Also it can be recalled that amidst the Naira scarcity, Regina Daniels took to her Instagram page to flaunt a bunch of new Naira notes that her politician and billionaire husband, Ned Nwoko gifted her, infuriating many Nigerians.

During a recent interview with BBC Pidgin, Regina Daniels decided to readdress the backlash she received, stating that she was unaware of the Naira sscarcity.

She acknowledged that she failed to see the hardship that followed the redesign from many Nigerians’ perspective until she posted the Naira notes online.

She said, “Personally, I don’t use cash to buy anything at all, infact I don’t hold cash, so during that cashless policy, I was not even aware that there was such policy, because I don’t use cash. So I did not really see it from other people’s perspective that there was a crisis in the country, until I posted.

“I told my husband then to send me some cash because I wanted to buy food at a location. So, he sent the cash and I made a Snapchat and posted it. When I started seeing people’s reactions, I was surprised until I was told of the cashless policy.

“After seeing how people reacted to it, I had to delete the post. But that time I really felt bad because people won’t understand that I did not really know.”

Fenton is a talented and experienced news and entertainment writer at TopNaija, passionate about sharing stories that matter. With a keen eye for detail and a talent for crafting engaging and compelling content, he has built a strong reputation as a reliable and insightful writer. Fenton is a dedicated and talented writer committed to producing high-quality content that is informative, entertaining, and engaging.