The Governor of the Central Bank of Nigeria, Godwin Emefiele, reaffirmed on Tuesday that the release date for the new naira notes would not be altered.
Emefiele emphasized the importance of the January 21, 2023 deadline.
“No, we will not shift any deadline, what we have done is not against the law; it’s in tandem with the law.
“We announced this programme on October 26, 2022, and we said upon release of the new currency, the legal tender status will run concurrently with the old currency till 31 January 2023.
“That is almost 100 hundred days, 100 days is enough for any person in any part of Nigeria to deposit his money in the bank and get ready to withdraw cash when the new notes are released,” the Central Bank governor explained.
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