Newspaper Headlines: Pressure mounts on CBN to extend Jan 31 deadline for old naira notes | TheCable

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The declaration of Gboyega Oyetola, former governor of Osun at the winner of the July 16, 2022 governorship election at the tribunal dominated the cover pages of Nigerian newspapers

Ayodele OluwafemiThe declaration of Gboyega Oyetola, former governor of Osun as the winner of the July 16, 2022 governorship election by the tribunal dominated the cover pages of Nigerian newspapers.

Saturday Punch reports that Ademola Adeleke, governor of Osun, and the Peoples Democratic Party have rejected the judgement of the tribunal overturning his victory in the governorship election. The Independent National Electoral Commission said it doesn’t have the power to compel universities to declare holidays to enable students to vote during the forthcoming elections, the newspaper says.

The Nation says anger and frustration have trailed the scarcity of new naira notes ahead of the January 31 deadline. The newspaper reports that INEC is set to conduct mock accreditation of voters nationwide.Daily Trust reports that the Central Bank of Nigeria is under pressure to extend the January 31 deadline for old naira notes. The newspaper says passengers were stranded on Friday after a Kaduna-Abuja train derailed at Kubwa in Abuja.

 

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Politicians are the one mounting pressure....they are mopping up most of the redesign notes released to prevent circulations. CBN should flood banks with lower bills to ensure it circulate faster as it's the currency that an average man needs the most to takes care of their needs

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