The Coalition for Democracy In Nigeria (CODIN) has commended the Central Bank Governor, Godwin Emefiele, for considering the cries of Nigerians on the need for extending the deadline for the exchange of old notes into new ones.
This, CODIN said, would reduce the hassles of the people and prevent possible massive loss of their legitimate funds.
In a release signed by its President and Convener, Comrade Mashood Erubami, CODIN said the February 10 new deadline is much welcome and should be adequate for the currency swappings, exchanges and deposit exercises without further prejudices.
The group called on the leadership of the National Assembly to leave the matter as presently directed by the Central Bank of Nigeria and focus on its other statutory functions instead of dabbling into its financial and monetary policy formulation and implementation order.
The group further called on Nigerians to wake up and desist from their usual lethargic attitude to adhere to meeting deadlines on issues of national directives as in the examples of the national ID card registration and other biometrics capturings.
“Right now, it is our responsibility to make everybody adhere to this new deadline is all ours. Everybody from today must raise their voices on banks, traders and holders of old notes to ensure that all measures are taken to ensure that they carry their notes to the banks, and find all means to exchange their monies to new notes.
“Also, no efforts should be spared to expose commercial bank officials and Central Bank staff who might want to sabotage government efforts,” CODIN said.
