By Titilayo Kupoliyi
Nigerians have expressed satisfaction and relief at the decision of President Muhammadu Buhari to extend the validity of the N200 old notes as legal tender in the country.
President Buhari extended the validity of the old N200 notes till April 10, 2023.
The president announced this in a national broadcast on Thursday Monday.
Reacting, some residents of Ibadan, the Oyo State capital, Mrs Oluwatosin Adeyemi. Mr Samuel Abiola and Mrs Fola Akande said that though the decision by the president was rather late, it was still commendable.
“Many Nigerians have gone through hardship as a result of the swapping of old naira notes for new ones. I have been trekking from my house to work for the past three days because I have only old notes which motorists refused to collect and I have to get to work”
On his part, Mr Samuel Abiola, who is a commercial driver, lamented that business had been at a low ebb as commuters still offered old notes for payment, which was no more accepted.
“I have had to park my car since yesterday because most passengers pay with old notes and I cannot collect, and I don’t have a bank account to accept transfers”
“So I believe with the decision of the president to extend the use of old 200 naira notes, passengers will have money to spend, I can start my business as from now”
Another resident, Mrs Fola Akande appealed to the Central Bank of Nigeria to pump the old 200 naira into circulation to ease the hardship being faced by the citizens.
The Supreme Court had on 15 February adjourned the suit brought to the apex court by the governors of Kogi Kaduna and Zamfara states against the Federal Government and CBN to 22nd February 2023.
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