Big Brother Naija (BBNaija) reality star, Hazel Oyeze Onou, popularly known as Whitemoney, has revealed how money hawkers have started trading the new currency, stressing that N700,000 was sold for N1 million at a party.
Sharing his experience, Whitemoney disclosed how appalled he was at the situation regarding the Naira scarcity in Nigeria.
According to Whitemoney, there has been a scarcity of new notes across banks and ATM muster points in the country.
However, he disclosed how flabbergasted he was when he got to a party and saw money hawkers with huge bundles of the new notes that were up for sale.
The ‘Shine Ya Eye’ winner expressed shock at how some people lay hold of these new currencies from the bank; adding that the hawkers sold N700k for as high as N1 million and pocketed N300k as profit.
Recall that President Muhammadu Buhari and CBN governor, Mr. Godwin Emefiele, among other officials, launched the new naira notes at the State House, Abuja, on November 23, 2022.
The apex bank also gave Tuesday, January 31, 2023, as the deadline for phasing out the old naira notes, but later extended it to February 10.
The CBN has since launched the newly designed notes into the banking sector. However, the penetration of the notes has been too slow, leaving many Nigerians living in immense suffering.
TheNewsGuru.com (TNG) reports that Whitemoney entered the 6th season of Big Brother Naija as the fifth contestant on 24 July 2021.
During the season finale of the show on 3 October 2021, he was declared the winner scoring 47% of the final votes ahead of Liquorose with 22.99% of the total votes cast and was entitled to the ₦90 million grand prize.