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Nigerians React To CBN Extension Of Deadline For Old Naira Notes

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Some Nigerians on Twitter have reacted to the Central Bank of Nigeria (CBN) extension of the deadline for the swapping of old naira notes.

Naira Notes Swap Aimed At People Hoarding Illicit Funds, Not Common Man - Buhari

CBN Extension Of Deadline For Old Naira Notes: Nigerians Reacts

Kanyi Daily earlier reported that the CBN on Sunday afternoon announced that it has extended the deadline for swapping old naira notes to February 10, 2023.

The apex bank said it added, “a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for the collection of more old notes.”

This is according to the CBN governor, Godwin Emefiele.

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Enefiele also noted that Nigerians would still be able to deposit their old notes directly with the CBN until February 17, 2023, described as a “grace period.”

There has been pressure from many Nigerians and groups concerning the initial January 31 deadline for the old notes, as the scarcity of the newly designed 200, 500, and 1000 naira notes prevailed in the country.

Reacting to the announcement by CBN for an extension of the deadline for the swapping of old naira notes, some Nigerians have taken to their various Twitter handles to express divergent views on the issue.

Below are some of the reactions of Nigerians on the matter.

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“Even with this deadline extension, some people will still be clamouring for the Central Bank of Nigeria to extend the deadline by another few months. Meanwhile, most folks are unaware that CBN under the guidance of the President is trying its best to prevent vote buying.”

“They should have extended by 5 days. The 10-day extension is just too much.”

Bankers inside the bank hall on a  Sunday, after realizing the CBN has extended the deadline.🤣🤣🤣
#The central bank of Nigeria.

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“The central bank of Nigeria is giving you an opportunity to deposit your old naira notes. Don’t expect new notes in surplus because that will eventually defeat the aim of the whole process. Corrupt politicians are the target don’t be a victim of their war. Go deposit your old notes.”

“The mere thought of  Emefiele putting d whole nation through hell over d new naira these last few days only to extend it at the last hour is sickening. Dear Emefiele and cohort, only God can judge you all.”

“The Central Bank Of Nigeria and the FG better come in agreement to postpone the ban of the old naira notes…
I hope the CBN Governor has watched this.
The new notes ain’t in circulation yet, we need more time.”

“I’m so Nigerian that I never doubted for one second that the date would be extended😅
The Central Bank of Nigeria Cowgirl.”

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“The Central Bank of Nigeria @cenbank is a reflection of the failed @MBuhari administration. BAT @officialABAT and @atiku have been given enough time to get more cash to ring the 2023 elections.”

“The Central Bank of Nigeria has bowed to pleasure and extends the swapping of old naira notes to February 10. Nigeria is hot indeed. @cenbank.”

“Extension of Naira notes by the Central bank of Nigeria for another 10 days reminds me of my school days. When you are in an exam hall, writing one difficult exam and the invigilator says “10 extra minutes”…Me:10 minutes for what when I am already counting time 😆.”

“Slight Extension” as demanded by one of the Presidential Candidates has been announced by the Central Bank of Nigeria 😂”

In other news, Kanyi Daily reported that the presidential candidate of the Labour Party (LP) in next month’s general election, Peter Obi has appreciated the donation of a N100k to him by a secondary school girl, Chizzy Ebube Balogun.

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