Currency redesign: Atiku pleads with CBN, FG to reconsider January 31 deadline

Written by on January 28, 2023


The Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar has joined calls for the Federal Government to prevail on the Governor of the Central Bank of Nigeria, Godwin Emeifele, to extend the January 31st deadline for the swap of old Naira notes for the newly redesigned ones

Atiku appealed to the Federal Government and the CBN to reconsider the deadline to ease the suffering of ordinary Nigerians who are finding it difficult to exchange old currencies for newly redesigned ones.

The PDP candidate made the appeal in a video posted on his verified Twitter handle @atiku, on Saturday.

He explained that his appeal was hinged on the fact that he knows that the intention of the monetary policy was not to hurt the poor.

Under the CBN policy, old versions of N200, N500 and N1,000 Naira denominations will cease to be legal tender in Nigeria.

Source: vanguardngr

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