CBN adamant, insists on January 31 for old Naira notes

READ ALSO:  HEALTH TALK for those who needs healthy living

DESPITE the hues and cries of helpless Nigerians for the Central Bank of Nigeria (CBN) to extend the return of old N1,000, N500 and N200 notes to the banks on January 31, 2023, the apex bank insisted that there is no going bank.

 

 

 

The CBN Governor Godwin Emefiele reiterated the apex bank’s stance after the Monetary Policy Committee meeting in Abuja on Tuesday.

 

 

 

Emefiele also insisted that enough time had been given to Nigerians to swap their old naira notes for new ones.

 

 

This is as he also said that kidnapping and ransom-taking had reduced since the three banknotes were redesigned.

READ ALSO:  INSIDE LIFE: GUNMEN kidnap, slaughter LG Chairman after collecting N6m ransom in Imo

 

 

Many Nigerians have however lamented the unavailability and scarcity of the new notes, decrying that banks up till today, were still giving out the old naira notes to customers with the deadline only a few days away.

Meanwhile, the CBN in its efforts to ensure that everyone is carried along embarked on a cash swap programme nationwide to enable those in the unbanked areas to exchange their old notes before the January 31 deadline, however, excluding Lagos and Abuja mobile money/Point of Sales operators from the programme.

The CBN also recently ordered commercial banks to immediately stop over-the-counter withdrawal of the new notes and load their Automated Teller Machines with the redesigned naira notes to boost its circulation.

However, despite the efforts of the apex bank, bank customers have continued to lament the scarcity of the new notes.

READ ALSO:    https://terryanews.com/2023/01/convener-of-obi-datti-abuja-concert-apologises-to-obi-wizkid-others-watch-video-for-the-records.html

2023 GENERAL ELECTIONS

Dont blame any party or anyone for misgovernance again if you refused to collect your PVC and vote.

Collection of PVC will close on January 29, 2023, go and collect yours and vote any candidate of your choice.

We are in total support for an undiluted democracy in Nigeria.

– SOJ WORLDWIDE….an ONLINE NEWS with a difference – www.sojworldnews.com