Allow old, new notes co-circulate for 12 months – Tinubu tells CBN

Presidential Candidate, the All Progressives Congress, APC, Bola Tinubu, has asked the Central Bank of Nigeria to allow the old and new naira notes co-exist as legal tenders for the next 12 months.

The APC flag bearer also asked the apex bank to halt all charges associated with online transactions and bank transfers till the current crisis is resolved.

This was made known in a statement by the spokesperson of the Tinubu-Shetima campaign, Festus Keyamo, on Saturday.

He stated that the CBN must act fast to save Nigerians from the hardship caused by the cash crunch.

“Following the advice of the National Council of States, the CBN should announce that the old and new Naira notes will co-exist as legal tender for the next Twelve months to follow examples of countries that have successfully implemented similar monetary policy,” he said.