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Cash Swap: Reps Minority Caucus Applauds CBN Deadline Extension

Written by Yusuf Zubairu

Minority Caucus in the House of Representatives has applauded the Central Bank of Nigeria (CBN) for extending the deadline for the currency swap to 10th of February this year.

They made the expression in a statement issued to newsmen in Abuja.

The minority caucus described the 10-day extension by the CBN as a welcome decision to ease the suffering as well as social and economic discomfort being faced by millions of Nigerians in accessing the new naira notes within the earlier stipulated deadline.

The statement also lauded the CBN for being considerate of the well-being of Nigerians, which it said is the essence of democratic governance all over the world.

The caucus also appealed to Nigerians not to rest on their oars in taking the maximum advantage of the 10 days extension to swap their old naira notes with the new ones

It reminded the apex bank of the need to remain focused and intensify efforts in sensitization while putting every measure in place to ensure Nigerians, especially in the rural areas have access to the new naira notes.

PR : TSIBIRI