Muslim Rights Concern (MURIC) on Friday called on anti-corruption agencies, particularly the Financial and Economic Crimes Commission and the Nigerian Financial Intelligence Unit, to closely monitor how commercial bank managers handle new naira notes they receive from the Central Bank of Nigeria. .

A statement by the chairman of the group’s Sokoto chapter, Muhammad Aliyu, called on Nigerians to remain at peace and stop panicking over money exchange, and called on the Central Bank of Nigeria and the federal government to extend the term for the maturity of the old naira notes for at least two weeks

Recall that CBN Governor Emefiele had insisted on the January 31 deadline for the redemption of the old Naira notes.

However, in response to Friday’s directive, MURIC warned that the companies were set up in Sokoto, Kebbi, Zamfara and other parts of the country after the short deadline set by CBN.

He said that many businessmen and women have refused to accept the old notes for fear of the possible inability to deposit the notes at commercial banks.

“Many gas stations and other essential service providers are also closed because most of their customers come with old naira notes and are not sure if they can deposit them in the bank.” He said.

He said the short notice has made life more difficult for ordinary citizens as many Nigerians complain about the unavailability and scarcity of new banknotes.

The group appealed to the federal government and the CBN to reconsider their decision to extend the January 31, 2023 deadline for the expiration of old naira notes by at least two weeks to allow Nigerians to exchange their old naira notes. for the new naira notes.