Anger and frustration have become common language among Nigerians following the twin problems of lingering fuel scarcity and poor implementation of the naira re-design and swap policy of the Central Bank of Nigeria (CBN), which has left many citizens cash strapped and unable to attend to their basic needs.
The CBN governor, Mr. Godwin Emefiele, had in October 2022 announced the plan to redesign the N200, N500, and N1,000 notes, and asked Nigerians to deposit their old notes before January 31, 2023 when they would cease to be legal tender.
