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The Central Financial institution of Nigeria has insisted that there isn’t any going again on the January 31 deadline for the previous 200, 500 and 1,000 naira notes, as they’ll stop to be authorized tender within the nation.
The CBN Governor, Godwin Emefiele reiterated the CBN stance after the apex financial institution’s Financial Coverage Committee assembly in Abuja on Tuesday.
Emefiele additionally insisted that sufficient time was given to Nigerians to swap their previous naira notes for brand spanking new ones.
That is as he additionally mentioned that kidnapping and ransom-taking had decreased for the reason that three banknotes had been redesigned.
Many Nigerians have nonetheless lamented the unavailability and shortage of the brand new notes, decrying that banks up until immediately, had been nonetheless giving out the previous naira notes to clients with the deadline just a few days away.
Particulars later…
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