Ahead of Saturday’s presidential and parliamentary elections, President Mohammed Buhari, yesterday convened the National Security Council (NSC) together with Inspector General of Police (IGP) Usman Alkali Baba said
naira policy
The CBN has categorically denied extending the deadline on N500 and N100 old notes. The Central Bank of Nigeria (CBN) has classified a report that it has extended the expiration date of old N500 and N1,000 banknotes until May 1 as fake news.
The National Chairman of the All Progressives Congress (APC), Senator Abdullahi Adamu and the governors of the party in a meeting on Sunday have called on President Muhammadu Buhari to obey the Supreme Court order on the Naira redesign policy.
As protests spread in some parts of the Lagos state over the scarcity of Naria notes, Lagos State Governor, Babajide Sanwo-Olu on Friday appealed to Lagosians to avoid protests. He said the government is working to ease the sufferings precipitated by the rejection of old notes and the scarcity of new notes in the State.
President Muhammdu Buhari has approved the continued use of the old N200 naira notes as legal tender till April 10. The President made this known on Thursday morning during an address to Nigerians. He said