Reps seek re-introduction of coins to tackle inflation, stabilise economy

The House of Representatives has asked the Central Bank of Nigeria to reinforce the use of coins in the country, as part of efforts to tackle price inflation and stabilise the economy.

The matter was deliberated upon during plenary on Tuesday following a motion moved by a lawmaker, representing Toro Federal Constituency in Bauchi State, Umar Lawal.

It’s been decades since the use of coins was withdrawn in Nigeria.