Show Understanding, Be Calm, Naira Notes Will Circulate — Emefiele To Nigerians
Show Understanding, Be Calm, Naira Notes Will Circulate — Emefiele To Nigerians
Godwin Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has appealed to Nigerians to show understanding, adding that the redesigned notes will circulate and be accessible.
The apex bank also pledged to stop Point of Sale charges as the February 10 deadline for the swapping of old naira notes with new ones approaches.
The CBN governor made the appeal at a special media briefing on the new naira notes on Friday in Lagos.
He noted he could see the protests and arguments surrounding the difficulty citizens were facing in accessing the new notes.
“I understand the agitation and I’m begging in God’s name, we are on our knees begging people to please show understanding. They should be calm.
“In our meetings with the banks, we have told them to set up tents and chairs, give people numbers, which I’m sure some people will say it is old fashioned.
“But at this time that we’re trying to get the currency in circulation amongst everybody, people have to have numbers and they come in under a queueing arrangements that when you come in you get served, if it finishes, just be patient.
“By tomorrow, when you come back, they will start from where they stopped, you will not be cheated.
“Let’s just be calm and adopt a good queueing system, the assurance we give is that it will eventually go round.
“Eventually the limits will be raised and eventually the limits will be removed and people will be able to conduct their business transactions in a way that it has always been in the past,” Emefiele said.