CBN Shouldn’t Extend Naira Swap Deadline – Atiku
The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, asked the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap.
This, he said, had become imperative to ensure the purpose and objective of initiating the redesigning of the currency are not destroyed.
In a statement released in Abuja on Wednesday from his campaign office, Atiku urged the CBN to immediately review the measures it has put in place for ensuring the seamless circulation of the new naira notes.
“The additional ten days will enable our people in the rural areas and ordinary people across the country to take the naira in their possession into the banks. It will also enable the CBN to further circulate the new currency notes among banks so that people can have easy access.
“Within these ten days, I urge the CBN to initiate measures that will alleviate the problems being encountered by the people in exchanging their old naira notes for new ones and getting more new notes into circulation. The CBN may have to consider printing more currency notes to eliminate the current scarcity among ordinary people, especially rural dwellers who need them for their daily transactions.
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