The CBN governor said this while appearing before the House of Representatives committee on the CBN naira redesign policy on Tuesday, January 31, 2023.
Before the CBN governor shifted the deadline from January 31 to February 10, the Speaker of the House of Representatives, Femi Gbajabiamila had accused him of breaching Section 20 of the CBN Act.
According to him, the section mandates commercial banks to accept old notes even after the deadline.
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