announced the decisionAccording to Emefiele, the new design will be effective from mid-December 2022, urging bank customers to begin depositing the old Naira notes.
Some political and religious leaders, including the controversial Islamic cleric, Ahmed Gumi had claimed that a good number of Nigerians, especially the rural dwellers depend on cash transactions, warning that any move that can cause more cash crunch will resort to a disaster for the nation. The President stated that they did not consider the period of three months for the change to the new notes as being short.
An activist, Mr Kenneth Monday, who was one of those that organised the EndSARS protest in Abuja in 2020, told our correspondent that those kicking against the move by the apex bank are suspects that should be placed under watch. DAILY POST recalls that the Economic and Financial Crimes Commission on Thursday revealed that several serving governors have been placed under watch over stashed Naira notes.
“The CBN has rendered some Bullion Vans empty. It was the Bullion Van that they used to rig previous elections that brought these bad leaders into power.
𝑾𝒉𝒂𝒕 𝒄𝒐𝒖𝒍𝒅 𝒃𝒆 𝒕𝒉𝒆 𝒑𝒐𝒔𝒔𝒊𝒃𝒍𝒆 𝒊𝒎𝒑𝒂𝒄𝒕 𝒐𝒇 𝒔𝒖𝒄𝒉 𝒂 𝒎𝒐𝒗𝒆 𝒕𝒐 𝒕𝒉𝒆 𝒆𝒄𝒐𝒏𝒐𝒎𝒚 𝒐𝒇 𝒕𝒉𝒆 𝒄𝒐𝒖𝒏𝒕𝒓𝒚 ?
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