Fresh trouble for corrupt politicians as Emefiele gets strong backing over old naira notes deadline

  • Mixed reactions have continued to trail the deadline for the use of the old naira notes in the country
  • In fact, the Nigerian Senate noted that there will be chaos if the Central Bank of Nigeria insists on the January 31st deadline
  • Interestingly, a Civil Society Organisation has urged the CBN to stand firm on its decision and not yield to pressure noting the CBN is on the right path to revive the nation’s grappling economy

On Wednesday, January 25th, a Civil Society Organisation, CSO, Concerned Nigerians, CN, threw weight behind the Governor of Central Bank of Nigeria, (CBN), Godwin Emefiele, and the stoppage of the old naira notes.

Vanguard reported that the group urged the CBN’s governor not to yield to pressure from the National Assembly, (NASS), over the extension of the January 31st deadline on stoppage of circulation and use of the old Naira notes.