‘Innocent people facing hardship’ — ACF asks CBN to extend deadline on old naira notes | TheCable
Bunmi AdulojuThe Arewa Consultative Forum and the Arewa Youths for Development and National Unity have called on the Central Bank of Nigeria to extend the January 31 deadline for the validity of old naira notes.The ACF, in a statement issued on Saturday by Murtala Aliyu, secretary-general of the forum, expressed concern that citizens, especially those in the north, may lose money if the deadline is not extended.
“Insinuations by some political actors that the exercise is designed deliberately to fail, or cause chaos to sabotage the ongoing democratic process should not be allowed to be proven.” “We wish to state upfront that we are not against the policy of changing the nation’s currencies, but against the unrealistic deadline of January 31st, 2023 — just three short days away,” he said.
“Our nation, sadly, suffers a considerable deficit in banking infrastructure. As a result, there is a large population of fellow compatriots in the north and especially in rural areas operating outside the banking system, who are likely to be broken by this harsh unrealistic and unworkable policy.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lawyer sues CBN, seeks extension of deadline for old naira notes | TheCableJoshua Alobo, a professor of law, has asked a federal high court in Abuja to restrain the Central Bank of Nigeria (CBN) from terminating...
Read more »
Newspaper Headlines: Pressure mounts on CBN to extend Jan 31 deadline for old naira notes | TheCableThe declaration of Gboyega Oyetola, former governor of Osun at the winner of the July 16, 2022 governorship election at the tribunal dominated the cover pages of Nigerian newspapers
Read more »
CBN working to prevent chaos over distribution of new naira notes, says Buhari | TheCablePresident Muhammadu Buhari says efforts are ongoing to ensure improved distribution of the new naira notes.
Read more »
Naira Redesign: ACF calls for extension of deadline, says rural dwellers unaware of new notesThe ACF said many rural communities in the North are unaware of the new naira note, and may even reject it without proper enlightenment.
Read more »
Naira redesign: Extend deadline - ACF tells Buhari govtThe Arewa Consultative Forum, ACF, has appealed to the Federal Government to extend the deadline for the expiration and collection of old naira notes in
Read more »
New Naira Notes: Ganduje urges CBN to extend deadline of old notes depositA few days before the 31st January, deadline, Kano State Government has urged the Central Bank of Nigeria (CBN) to urgently consider the extension of the monetary policy.
Read more »