According to punch, it was gathered that The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10.
CBN Governor, Godwin Emefiele, announced the extension in a statement signed on Sunday.
CBN extends deadline for collection of old naira notes to Feb 10
The Central Bank of Nigeria (CBN) has extended the deadline for the exchange of old naira notes by 10 days.
This was disclosed in a press statement issued today January 29. The CBN governor, Godwin Emefiele, said the new deadline is February 10, 2023.
Nigerians had been complaining about the inability to swap their old notes for the new designs as the January 31 deadline drew nearer.
Emefiele said following the hardship Nigerians have experienced in their attempt to access the newly redesigned notes, President Buhari has given approval for the extension of the deadline.
“Based on the foregoing, we have sought and obtained Mr President’s approval for the following: a 10-day extension of the deadline from January 31, 2023, to February 10, 2023; to allow for collection of more old notes legitimately held by Nigerians and achieve more success in cash swap in our rural communities after which all old notes outside the CBN loses their Legal Tender Status. Our CBN staff currently on mass mobilization and monitoring together with officials of the EFCC and ICPC will work together to achieve these objectives.
Reviewed by Ojo Ayomiotan Daniel(c.e.o Ayomite media)
on
January 29, 2023
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