Supreme Court’s Order On Cash Redesign Deadline Will Douse Tension, Stop Social Unrest– Yusuf

The Chief Executive Officer of the Centre for the Promotion of Private Enterprises, Muda Yusuf has backed the Supreme Court ruling that stopped the Central Bank of Nigeria’s withdrawal of old notes.

It has been argued that when the Central Bank of Nigeria fixed the deadline for the withdrawal of the N1,000, N500 and N200 notes it did not foresee the resistance that the policy would meet due to political interest and resultant hardship.

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