President Muhammadu Buhari has approved the Central Bank of Nigeria’s request for the extension of the deadline for swapping of old Naira notes to the redesigned ones.
The President gave the approval on Sunday during a meeting with Godwin Emefiele, in his country home in Daura, Katsina State.
The new deadline is February 10th, 2023.
“And indeed, let me emphasize that only an incorruptible leader of the president’s stature can give such approval to the CBN.
We aim mainly to make our monetary policy decisions more applicable. We started to see inflation trending downwards and exchange relatively stable.”
The new deadline is February 10th, 2023.