Home News Extension Of Naira Swap Deadline: APC PCC Hails CBN, Buhari

Extension Of Naira Swap Deadline: APC PCC Hails CBN, Buhari

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The All Progressives Congress (APC) Presidential Campaign Council has commended President Muhammadu Buhari, the Central Bank of Nigeria (CBN) and its Governor, Mr. Godwin Emefiele for extending the naira notes swap deadline.

Buhari on Sunday approved a 10-day extension for Nigerians to swap their old N1,000, N500 and N200 notes for the new ones.

Emefiele announced this after a meeting with the President in his Daura country home.

The extension followed complaints by Nigerians who experienced difficulties getting the new notes via ATMs and over the counter from banks.

The APC PCC, in a statement by its Director, Media & Publicity, Mr. Bayo Onanuga, praised the move.

It said: “We want to commend the Central Bank of Nigeria and Governor, Mr. Godwin Emefiele for listening to the voice of well-meaning Nigerians on the exigency of extending the deadline for change of old N200, N500 and N1000 naira notes to the new ones.

‘Following difficulties experienced by Nigerians from across the country from getting the new notes via ATMs and over the counter from Banks, many Nigerians especially requested an extension of the 31 January 2023 deadline.

“We welcome the 10-day extension of the deadline and the additional seven days of grace.

“This window will enable Nigerians especially those in rural and remote areas to have more time to change their old notes and avert the panic that would have followed.”

It said the President deserved “special commendation” for approving the extension “and for his leadership and statesmanship.”

The APC PCC added: “In the same vein, we praise our presidential candidate, Asiwaju Bola Ahmed Tinubu for his forthrightness in addressing the concerns of Nigerians at his campaign rally in Abeokuta last week.

“Asiwaju Tinubu didn’t take the easy road by shying away from what would have caused serious inconvenience for our teeming masses.

“Asiwaju showed leadership and compassion for the welfare of Nigerians, at the most appropriate time.”

Credit: thenationonlineng.net

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