Old Naira Deadline: CBN Updates Nigerians

Old Naira Deadline: CBN Updates Nigerians

                                               Old Naira Deadline: CBN Updates Nigerians | Jevibe

The Central Bank of Nigeria (CBN) has stated that January 31, 2023, will continue to be the cutoff date for the gradual discontinuation of the old naira notes, N200, 500, and N1000.

The Apex bank announced this via its verified Twitter handle, this afternoon, January 28. The CBN had announced January 31 as the deadline to phase out the old denominations of N200, N500, and N1000 notes.

Despite agitations and anger from Nigerians, CBN Governor, Godwin Emefiele had insisted that the deadline was sacrosanct.

INEC Extend Deadline For PVC Collection

The Independent National Election Commission (INEC) has extended the deadline for the collection of Permanent Voter Cards (PVC) by another week.

According to Jevibe News, Festus Okoye, the commission’s spokesman, announced this in a statement on Saturday.

Recall that the electoral umpire earlier fixed the collection deadline as Sunday, 29th January 2023.

But following a meeting on Saturday, 28th January, Okoye said the commission has extended the deadline by seven days to ensure that registered voters have ample opportunity to collect their PVCs ahead of the forthcoming election.

He said that this is the second time the commission is extending its deadline and this will be the last extension exercise.

Old Naira Deadline: CBN Updates Nigerians

The INEC spokesman added that the collection period has further been extended for two hours and will start at 9 am and end at 5p daily across all local governments nationwide.

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