The Miyetti Allah Cattle Breeders Association of Nigeria,
MACBAN, has urged the Central Bank of Nigeria, CBN, to extend the deadline for
the circulation of the redesigned naira notes.
The leader of the association in the South-East, Gidado
Siddiki, urged the CBN to extend the deadline by three months.
Siddiki explained that the extension would give members of
MACBAN more time to deposit their money in banks.
Speaking yesterday in Awka, Anambra State, Siddiki said most
herders don’t save their monies in banks, hence the need for time.
He disclosed that most herders carry their money along with
them in the bush.
“We cannot fight or reverse the government policy as
law-abiding citizens of Nigeria, but we are only appealing to the CBN to help
us extend the deadline for another three months.
“This will enable the leadership of Miyetti Allah to reach
out properly to those living in out-of communication areas across States of the
federation,” he said.
The apex bank had said the redesigned naira notes would be
in circulation on December 15, 2022.
Naira notes affected are the N100, N200, N500, and N1000
denominations.
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