Specifically, the plaintiff begged the court to issue an order, “extending the duration where the old notes cease to become legal tender to period of three weeks when the redesign notes will be sufficiently dispense by the commercial banks.”
The plaintiff lamented that the less-privileged Nigerians were yet to have the new naira notes that were unveiled last November by President Muhammadu Buhari.Mr Alobo accused money deposit banks of failing to make the redesigned notes available to their customers. He contended that the terminal date of 31 January for old notes “is discriminatory against the rural dwellers, poor and less-privileged persons in the society, as politically exposed persons are paid with the redesigned notes.”
“The percentage of persons with lower educational background and economic realities of rural dwellers and some Local Governments in Nigeria without a single bank is high”, the plaintiff argued. The standoff between the SSS and Mr Emefiele lingered on until the latter’s return to Nigeria. He arrived into the country on 13 January and later met with Mr Buhari.
Story. CBN must not shift it o
APC lawyer
extension is inevitable, except CBN Governor has no logical reasoning and that would be dangerous for us and peace!
Rubbish
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