Naira swap: Atiku demands ‘slight’ extension, says Nigerians discomforted - Punch Newspapers

The most widely read newspaper in Nigeria

“A great number of Nigerians out of good conscience have expressed apprehension about how the policy and the deadline will make life difficult for them.

“I’m also aware of the challenges farmers and artisans in remote areas go through in moving cash to the commercial banks for exchange. Speaking further, Atiku said he is compelled to align his position with other Nigerians for a slight extension of the naira notes swapping. “The deadline is going to cause heavy discomfort for Nigerians. It will be magnanimous for the Federal Government and the regulatory body to ease the burden of the people while we can continue to sensitise the public on the imperative of mobile banking policy.

“It is important for the CBN to consider an extension for the public to swap their old notes thereby reducing the financial consequences on these vulnerable citizens, I believe that such painful experience is not the intention behind the initiative, he added.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MobilePunch /  🏆 8. in NG

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.

Naira redesign: Atiku calls for 'slight' extension of deadline to avert 'heavy discomfort'Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has asked the Central Bank of Nigeria (CBN) to extend the deadline for the validity of old naira notes. There
Read more »

PDP, Atiku Twisting My Remarks On Fuel, Naira Scarcity To Pitch Me Against Buhari - TinubuThe presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, has fired back at the Peoples Democratic Party (PDP) and its
Read more »

Naira notes: CBN deadline has plunged Nigerians into hardship - Mustapha LamidoThe opposition Peoples Democratic Party, PDP, has expressed worry over what Nigerians are going through due to the scarcity of redesigned Naira notes in
Read more »

New Naira Notes: CBN, NOA remind Nigerians of 31st January deadlineThe News Agency of Nigeria (NAN) reports in Minna on Friday that the sensitisation was being carried out across the 25 local government areas of Niger.
Read more »

New Naira Notes: Panic, confusion as Nigerians countdown to deadlineAcross the country, Nigerians are living in uncertain times regarding their money, both the cash at hand and the one they have saved in the banks as the
Read more »

[JUST IN] Naira notes swap: Gbajabiamila threatens Emefiele with arrestThe Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor of the Central Bank of Nigeria, Godwin Emefiele, if he fails to appear before its committee on Thursday.
Read more »