Nigerians have responded to the Central Bank of Nigeria’s deadline for the usage of old naira notes as cash shortage persists Many bank customers now believe that PoS operators have taken over the role of commercial banks The Federal government has decided to obey the supreme court judgment which gives extra five days for the use of naira notes after the deadline
Nigerians have reacted to the now-suspended deadline of February 10, 2023, and also the decision of the federal government to obey court orders. The federal government on Friday, February 10, 2023, promised that it will obey the supreme court order which suspends the CBN deadline and fixed February 15 for a hearing on the matter.
Attorney General of the Federation, Abubakar Malami, revealed this on Thursday while speaking with AriseTV.
He affirmed that the Federal Government would obey the court order.
This development means that Nigerians have an extra five days to spend the old naira notes. Although as at the time of writing Godwin Emefiele, CBN governor is yet to speak on the supreme court judgment. Efforts to speak with Osita Nwanisobi, the Director of the Corporate Communications Department of CBN were unsuccessful as he did not reply to calls. However, checks on the CBN website reveal that the countdown clock for the old naira currency has been removed. Nigerians react
