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Reps Minority Caucus Lauds CBN Extension Of Deadline For Old Naira Swap

by Present Nigeria
January 30, 2023
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The Minority Caucus in the House of Representatives has commended the Central Bank of Nigeria, CBN, for listening to Nigerians and extending the deadline for changing the old naira notes for new ones by ten days.

According to the Caucus,the ten days extension of the deadline from January 31, 2023, to February 10, 2023, was a welcome decision to ease the suffering and social and economic discomfort faced by many Nigerians in accessing the new naira notes within the earlier stipulated deadline.

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This was disclosed in a statement signed by the Minority Leader of the House of Representatives, Rt. Hon. Ndudi Elumelu, on Sunday.

However, the Minority Caucus urged the CBN to remain focused and strengthen its sensitization actions while putting every measure in place to assist Nigerians, especially those in the rural areas, to access the new naira notes.

It, therefore, called on Nigerians not to relax but to take full benefit of the ten days extension to exchange their old naira notes for new ones.

Part of the statement read:

“As lawmakers and representatives of the people, our Caucus commends the CBN for being considerate towards the well being of Nigerians, which is the essence of democratic governance all over the world.

”Our Caucus applauds the Presidential Candidate of the Peoples Democratic Party (PDP), His Excellency Atiku Abubakar, for his intervention in persuading President Muhammadu Buhari and CBN to extend the earlier deadline in the national interest.

”His Excellency Atiku Abubakar’s patriotic intervention at this time further shows him as a compassionate leader who is always concerned and committed towards the wellbeing of Nigerians.

” He has again demonstrated his experience, capacity, and competence to get the system to work in the interest of Nigerians at a very critical time.”

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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