Emefiele<\/a> at a special media briefing on the new naira notes, on Friday, in Lagos.<\/p>\nHe noted he could see the protests and arguments surrounding the difficulty citizens were facing in accessing the new notes.<\/p>\n
\u201cI understand the agitation and I\u2019m begging in God\u2019s name, we are on our knees begging people to please show understanding. They should be calm.<\/p>\n
\u201cIn our meetings with the banks, we have told them to set up tents and chairs, give people numbers, which I\u2019m sure some people will say it is old fashioned.<\/p>\n
\u201cBut at this time that we\u2019re trying to get the currency in circulation amongst everybody, people have to have numbers and they come in under a queueing arrangements that when you come in you get served, if it finishes, just be patient.<\/p>\n
\u201cBy tomorrow, when you come back, they will start from where they stopped, you will not be cheated.<\/p>\n
\u201cLet\u2019s just be calm and adopt a good queueing system, the assurance we give is that it will eventually go round.<\/p>\n
\u201cEventually the limits will be raised and eventually the limits will be removed and people will be able to conduct their business transactions in a way that it has always been in the past,\u201d Emefiele said.<\/p>\n
On high charges by the Point of Sale agents on every transaction made by their customers, the apex bank governor urged banks to stop the charges on the PoS.<\/p>\n
\u201cI am going to be calling a meeting with the banks this evening or by tomorrow, if those charges go to or those charges have been charged through the bank, we are going to have an arrangement with even telcos to see how those charges can actually at this time be stopped.<\/p>\n
\u201cThose charges at this time should be stopped. So, if we know whatever you are making that you\u2019re not making because we stopped it, we can collect it somewhere and look for a way to pay you.<\/p>\n
\u201cBut we don\u2019t want you to continue to create pain on those who want to use alternative channels when they cannot have cash in their pocket.<\/p>\n
\u201cWe will go into this later this night or even tomorrow, we\u2019re going to call a meeting of both the banks and the mobile networks; at this time nobody should be charged, if you are charged, we will need to know about it.<\/p>\n
\u201cBut we would want this service to continue to be offered. Whatever it is in terms of volume and number that you have carried out. We will look for away to pay you your money,\u201d he said.<\/p>\n
NAN<\/em>\u00a0reports that the redesigned naira notes comprising N200, N500 and N1,000, came into use on Dec. 15, 2022, after they were unveiled by the President, Major General Muhammadu Buhari (retd.), on Nov. 23, 2022 in Abuja.<\/p>\nThe CBN had earlier fixed Jan. 31 as deadline for the collection of old naira notes, but later extended the time limit to Feb. 10.<\/p>\n
The CBN governor had said the extension was to allow Nigerians that had naira legitimately earned and trapped the opportunity to deposit their money for exchange.<\/p>\n
The governor had ordered banks to load their Automated Teller Machines with the new naira notes to ensure Nigerians had access to them.<\/p>\n","protected":false},"excerpt":{"rendered":"
Godwin Emefiele, the Governor of the Central Bank of Nigeria has begged Nigerians to show understanding. He added that the redesigned notes will circulate and be accessible. The apex bank also pledged to stop Point of Sale charges as the February 10 deadline for the swapping of old naira notes with new ones approaches. The […]<\/p>\n","protected":false},"author":17,"featured_media":239989,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[16587],"tags":[3108,49006,176,3743],"class_list":["post-246492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-godwin-emefiele","tag-new-naira-notes","tag-nigerians","tag-pos-operators"],"yoast_head":"\n
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