New naira Notes: We’re on our knees – Emefiele rules out re-extension, begs Nigerians
The Central Bank of Nigeria, CBN Governor, Godwin Emefiele has ruled out the possibility of extending the 10-day grace for the old Naira notes to remain in circulation.
He appealed to Nigerians to endure the pains emanating from difficulties involved in getting the new notes.
The Governor made the appeal on Friday during a press conference in Lagos. According to him, the pain is temporary, stressing that cash will be available in no distant time
He said, “On the clamour by people to move the deadline by one more year or if we are open to further extension of the deadline. I would say no.
“I’m sure that people are going to say that only last week Tuesday, I said no, but I want to say unfortunately again, this time, we will not be looking at an extension of deadlines.
“We do see that there will be some transient or temporary pains. But I will appeal, we are begging, we are on our knees begging people to please show understanding they should be calm”.
I am in support of this redesigned notes but the problem is that many rich people are now on bank managers making swapping with old notes making it difficult for the poor Nigerians to access the new notes.
that is too bad….
The pains that you are talking about is becoming unbearable
Let us wait and see how it goes
You quickly do something before deadline if not you will still add dats
Why won’t you say so when you people are getting whatever you need
that is too bad