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Chief Imam Tells CBN To Release More Naira Notes For Ramadan Season

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Sheikh Yahya Al-Yolawi, the Chief Imam of Nurul Yaqeen Jumma’at Mosque Life Camp in Abuja, called on the Central Bank of Nigeria (CBN) on Friday to issue more redesigned naira notes as Ramadan approaches.

Al-Yolawi made the plea while delivering his Jumma’at sermon, titled, “The Significance of Ramadan Fast: Health, Spiritual, Social and Psychological Benefits of Ramadan Fast,” in Abuja.

He noted that Muslims spent more money on charitable activities and food during Ramadan.
Ramadan is expected to begin on Wednesday, March 22, and end on Friday, April 21, in the evening.

The cash crunch has been biting hard nationwide, including in the Federal Capital Territory, FCT.

The cleric said, “And that largely depends on the accessibility of cash in and out flow of individuals and organisations and that is essential in the world of business. Keeping that spirit even after Ramadan is very crucial to the growth and development of your business.

“I would like to use this medium to call on the Federal Government and the Central Bank of Nigeria to release more cash to the country as Ramadan is fast approaching.

“People are in utmost need of money for Ramadan expenses and other activities. May Allah make it easier for all of us, Ameen.”

This year’s Ramadan is expected to commence on Wednesday, March 22 and end in the evening of Friday, April 21.

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