The ACF said many rural communities in the North are unaware of the new naira note, and may even reject it without proper enlightenment.
on Saturday, called on the Central Bank of Nigeria to extend the deadline for the return of the old naira notes to help rural communities who are are unaware of the redesign of the currency.
The forum alleged that the currency redesign has been sabotaged by Nigerian banks. It blamed the CBN for not engaging critical stakeholders before embarking on the exercise. “We believe legitimate reasons exist for the authorities concerned to shift the deadline from January 31 2023 in the greater interest of the majority of our people, particularly communities with no banking facilities and others ravaged by the incessant insecurity.“While we believe the President might have good intentions for the currency swap, the banks have not helped the process.
“ACF Kano State calls on the Federal Government, particularly the two chambers of the National Assembly, to prevail on the authorities at the CBN to save us from a catastrophe that may engulf the nation, as the CBN’s hard-line stance is seemingly an act that may plunge our lives into an avoidable disaster.
“We still have people who didn’t know that our Naira was redesigned. They could reject the new Naira notes when given. The CBN ought to have considered stakeholders right from the day the redesign was announced.
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