The February 10 deadline for naira swap would not be extended by the Central Bank of Nigeria, CBN as the governor, Godwin Emefeile appealed to Nigerians to endure the pains emanating from difficulties in getting the newly redesigned Naira notes from financial institutions.
The governor made the appeal on Friday during a press conference in Lagos saying the pain is temporary, stressing that cash will be available in no distant future.
He said the leadership of the apex bank had appealed to commercial banks to manage the situation properly while the cash circulates.
“On the clamour by people to move the deadline by one more year or if we are open to further extension of the deadline. I would say no.
“I’m sure that people are going to say that only last week Tuesday, I said no, but I want to say unfortunately again, this time, we will not be looking at an extension of deadlines.
“We do see that there will be some transient or temporary pains. But I will appeal, we are begging, we are on our knees begging people to please show understanding, they should be calm”.
Recall that angry Nigerians on Friday staged protests in some parts of the country, lamenting the scarcity of the new Naira notes
