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Senate on deadline for old Naira Notes

Senate has urged the Central Bank of Nigeria to immediately extend the deadline for the use of the old Naira Notes from January 31st  to July 31st 2023.

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Senate through a motion of urgent public importance by Senator Sadiq Umar highlighted challenges faced by some Nigerians in trying to exchange the old ones with the new ones and therefore advised the Apex Bank to also establish a special exchange window for those who don’t have bank Accounts.
Meanwhile, Senate has received 35 of the constitution alteration bills from 27 state Houses of Assembly with Local Government autonomy not approved by states.

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