Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), on Saturday asked the Central Bank of Nigeria (CBN) to extend the deadline for acceptance of the old Naira notes.
NEWSBREAK reports that banks are struggling with the shortage of the redesigned new Naira notes ahead of the CBN deadline of January 31, 2023. Consequently, Atiku urged the apex bank to “ease the burden” on citizens.
“The January 31st deadline is certainly going to cause discomfort on our people, and it will be magnanimous on the part of government and the regulatory agency to ease the burden on the people in the public interest while we can continue with sensitising the public on the impending imperative [sic] of mobile banking policy.
“It is important for the CBN to consider the extension of the time that the public can convert their unbanked monies into new notes, thereby reducing the financial consequences on these vulnerable citizens.
“I believe that such a painful experience is not the intention behind the currency redesign initiative,” Atiku said in a pre-recorded video posted across his social media handles.