Politics
CBN’s Jan. 31 deadline on naira notes unrealistic— Atiku
The Presidential candidate of the People’s Democratic Party (PDP) Atiku Abubakar on Saturday said the deadline for the use of old naira notes is unrealistic and causing discomfort.
“The deadline is going to cause heavy discomfort for Nigerians,” Atiku said in a video tweet, stressing that, “It will be magnanimous for the Federal Government and the regulatory body to ease the burden of the people while we can continue to sensitize the public on the imperative of mobile banking policy.”
He urged the Central Bank of Nigeria (CBN) to consider extending the Tuesday, January 31 deadline for citizens to deposit their old naira notes for the new ones.
According to him, “It is important for the CBN to consider an extension for the public to swap their old notes thereby reducing the financial consequences on these vulnerable citizens, I believe that such painful experience is not the intention behind the initiative.”
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