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Old Naira: How Long Will This Madness Continue? – Imole Cries Out Over Buhari’s Silence On Court’s Verdict




Both Old And New Notes Are Now Legal Tender - CBN Official

A renowned public analyst and economist, Dr Charles Imole has lamented over the perpetual silence of President Muhammadu Buhari and the Central Bank of Nigeria (CBN),  Governor, Godwin Emefiele, days after the Supreme Court judgment validating old Naira notes till 31 December.

Naija News earlier reported that some commercial banks had given out old notes to some of its customers despite the rejection by traders and others.

The banks noted that they had not received any directive concerning the old notes from CBN but were simply dispensing them due to the economic hardship in the country.

Reacting to the continued suffering by Nigerians following the hardship occasioned by Naira scarcity, Imole noted that it’s been over five days after the Supreme Court judgment yet there are no official messages from the office of the president and the CBN.

According to Imole, the economic situation showed that the nation is drifting aimlessly.

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The Supreme Court gave a verdict and 5 days later, nothing has been done to officially give effect to that verdict by the President or the CBN Governor. What kind of nonsense is this? The nation just appears to be drifting and coasting aimlessly. How long will this madness continue?” he tweeted.

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