Redesigned Naira: Buhari extended deadline because we asked - Tinubu

Bola Tinubu, presidential candidate of the All Progressives Congress, APC, has praised President Muhammadu Buhari for agreeing to extend the deadline for the naira swap.

Tinubu made the remarks during a town hall meeting in Benin City, Edo State.

He revealed that 'our wives' selling garden eggs, carrots, and roasted corn are the hardest hit by the naira exchange.

"We have been working on this for three to four days, and suddenly today, when the President said okay, out of great respect, he will consider our request for an extension, we were happy," Tinubu said.

"I was running back and forth on this and calling him, so that's what we've been doing.

“Hopefully, even though we didn’t get all that we wanted, we got an extension by a number of days.


“Some of our cousins, our wives selling garden eggs, carrots, roasted corn, they need money, and they need Naira.


“In the process, if Naira is cancelled the way it is and we fail to intervene, we have failed in our duties.”


The Central Bank of Nigeria, CBN, had announced January 31st 2023 as the deadline for the swap of old naira notes with new ones.


With few days to the deadline, Nigerians had lamented their inability to swap their old notes with the redesigned ones.


But, the CBN extended the deadline to February 10.


Last year, the apex bank redesigned the N200, N500, and N1000 notes.


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