Emefiele noted that Nigerians in the rural areas, villages, the aged and vulnerable had had the opportunity to swap their old notes; leveraging the naira swap initiative as well as the CBN senior staff nationwide sensitisation team exercise.The CBN governor also announced the extension of the deadline by 10 days to February 10, 2023, to allow for the remaining old notes in the economy to be returned to the banks.
“Our CBN staff currently on mass mobilization and monitoring together with officials of the EFCC and ICPC will work together to achieve these objectives,” Emefiele said. What this means: The huge recovery of circulating currency by the central bank, will help make monetary policy more effective in taming the inflation rate.
Source: Financial Digest (financialdigest.net)
Bloody lies
From wicked politicians
Cash Scarty ,,Fuel Scarty...
Useless ATM are not dispensing cash What sort of life is life,
We are okay with the beautiful policy. Now I know the rich also cry. Selfish interest and incompetent leader's
HouseNGR we are okay with this vibrant policy don't lament for us. Fuel scarcity you people did nothing abt it, because it does not affect you, Security you people are in your bullet proofs car becos it does not affect you. Inflation same.All of a sudden you want to form caring
Shits everywhere 😒
CBN haven't show Nigerians any news where they recovered money from politicians what a Shame
Recovering meanwhile the new notes is no where to be found, this is the problem
The given deadline helped a lot. However, increased availability of new notes at ATMs will normalize things. Please make sure the deadline don't exceed January 20th.
More incoming
😅😅Check very well, the money suppose pass this.
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