• Atiku Abubakar of the Peoples’ Democratic Party (PD) has called on the governor of the Central Bank of Nigeria to extend the deadline for the collection of old naira notes.
  • The PDP standard bearer said the new monetary policy has brought untold hardship to many Nigerians.
  • According to Atiku, an extension of the deadline will address the difficulties faced by many Nigerians.

Peoples’ Democratic Party (PDP) 2023 presidential candidate Atiku Abubakar called on Saturday, January 28, for an extension of the deadline issued by the Central Bank of Nigeria for cashing in old naira notes.

In a video shared on your shared account Twitter page titled “My position in the CBN January 31, deadline for new naira notes”The former vice president said that the main bank’s deadline is creating difficulties for a number of Nigerians.

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Atiku Abubakar, naira redesign, new naira notes
Atiku Abubakar said that he is joining many Nigerians in calling for a slight extension of the new monetary policy by CBN. Photo: PDP, Bashir Ahmad
Source: Twitter

Atiku added that while the coin redesign is normal around the world, the short notice and January 31 deadline is quite unusual.

His words:

“The ongoing policy of the Central Bank of Nigeria to redesign the naira notes has generated wild reactions across the country and beyond.

“This exercise is a worldwide practice and not something new, especially as the January 31 deadline approaches, a large number of Nigerians, out of good conscience, have expressed their fear as to how politics and the deadline will make the difference. life more difficult for Nigerians.

“Many Nigerians, especially farmers, artisans and rural dwellers, do not have bank accounts, so the time frame for exchanging old banknotes for a new one is not feasible.”

Appeal of a CBN Term Extension

In addition to calling for an extension of CBN’s deadlines, Atiku said that such a move will address the difficulties faced by many Nigerians.

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Revealed: Why President Buhari Approved CBN’s Request For Old Naira Notes Swap Extension?


“In this sense, I am forced to align myself with the increasing demands for a slight extension of the currency conversion policy.

“The January 31 deadline will certainly cause great discomfort to our people and it will be magnanimous on the part of the government and the regulatory agency to ease the burden on the people in the public interest.”

Atiku breathes fire, issues a strong warning to Tinubu amid a perceived feud with Buhari

The PDP’s Atiku Abubakar warned the APC’s Bola Tinubu to desist from involving him in his crisis with President Buhari.

The warning was issued by the former vice president through the Atiku/Okowa campaign organization.

The organization’s spokesman said Tinubu’s politics have always been about “himself and the clique” as he never cared about Nigerians or the success of the government he claimed to have brought to power.

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Buhari Gives Reasons For CBN Naira Redesign Policy As Nigerians Get Desperate Ahead Of Deadline

Big win for PDP as major political parties adopt Atiku, Okowa ahead of 2023 presidential election

Meanwhile, Nigerians have been urged to support Atiku Abubakar and his running mate, Ifeanyi Okowa, in their 2023 presidential bid.

The appeal was made to Nigerians by the Coalition of United Political Parties (CUPP) on Thursday, January 26.

The coalition said Atiku’s vision on restructuring and education, as well as his experience and maturity in politics, are key to bringing Nigeria to an expected end.

Source: Legit.ng