Home Business Banking & Finance Old notes: Atiku urges CBN not to extend deadline, gives reasons

Old notes: Atiku urges CBN not to extend deadline, gives reasons

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The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar has again called on the Central Bank of Nigeria (CBN) not to extend the withdrawal of old naira notes beyond the Friday, 10 February deadline.

Atiku made the call despite the difficulties being encountered by millions of Nigerians across the country in accessing the redesigned currency notes.

In a statement on Wednesday by the Atiku-Okowa campaign organisation, the PDP candidate said extending the deadline would destroy the purpose and objective of initiating the redesigning of the currency.

Atiku said: “There should be no further postponement of the new naira regime after the expiration of the February 10 deadline.

“The vote riggers are seeking to push the CBN to extend till after the election when they would have achieved their evil plots.

“The CBN and the Presidency should be steadfast. The merits of the new naira policy far outweigh the little inconvenience we are experiencing.

“This is one policy that will benefit the country in the long term. We should not allow those selfish, parochial people with the narrow vision to derail it”.

He commended the CBN for listening to the demand of the ordinary people by granting a ten-day extension for the exchange of the old naira notes for new ones and urged the apex bank not to succumb to the current pressure by Nigerians for more time.

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One Comment

  1. BAMGBELU ADENIYI AKINYEMI

    2 February 2023 at 5:58 pm

    No one is against the cashless policy. The problem is the none availability in circulation. This is not the first time we are changing money, hence why the hoading thereby putting everyone in economic disarray. The internet & USSD system is neither working. That not in any way acceptable & should be reviewed asap else the country would not be able to contain the backlog revolt by citizens.

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