NAIRA REDESIGN POLICY: ENDING THE HARDSHIP AND HOW WOMEN SURVIVED THE CASH CRUNCH IN NIGERIA IN 2023

NAIRA REDESIGN POLICY: ENDING THE HARDSHIP AND HOW WOMEN SURVIVED THE CASH CRUNCH IN NIGERIA IN 2023

Registration ID: IJNRD_215082

Published ID: IJNRD2403269

DOI: Click Here to Get

EMORDI Amaka Theresa Oriaku , Ikedinma, Amaoge Hope

We live in a nation where doctors destroy health, lawyers destroy justice, universities destroy knowledge, the government destroys freedom, the press destroys information, religion destroys morals, and our banks destroy the economy. Using KII interviews and secondary digital data this essay explores disaster management theory to investigate women's strategies to survive the cash crunch. What was the impact of the Naira redesign on Nigerian families? How easy was it for Nigerians to access the new Naira notes? What strategies did women deplore to sustain their families during the cash crunch? The paper found that women kept their families afloat during the period of cash crunch through determination, negotiated cash transfer, trade by barter: buying and selling of money, and customers’ goodwill apart from other strategies. There is a need for proper planning and time in future currency for successful currency redesign.

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"NAIRA REDESIGN POLICY: ENDING THE HARDSHIP AND HOW WOMEN SURVIVED THE CASH CRUNCH IN NIGERIA IN 2023 ", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 3, page no.c542-c556, March-2024, Available :https://ijnrd.org/papers/IJNRD2403269.pdf

Volume 9 Issue 3, March-2024

Pages : c542-c556

Paper Reg. ID: IJNRD_215082

Published Paper Id: IJNRD2403269

Downloads: 000121273

Research Area: Social Science and Humanities 

Country: Obafemi Awolowo University, Ile-ife, Osun State, Osun state , Nigeria

Published Paper PDF: https://ijnrd.org/papers/IJNRD2403269.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2403269

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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Call For Paper - Volume 10 | Issue 8 | August 2025

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