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We Will Arrest POS Agents Who Charge Above N200 – Emefiele

The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said that there was no need to shift the February 10, 2023 deadline. KOKO TV had reported that the Supreme Court issued an order of interim injunction restraining the Federal Government and the CBN from enforcing the February 10 deadline for the phasing […]

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The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said that there was no need to shift the February 10, 2023 deadline.

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KOKO TV had reported that the Supreme Court issued an order of interim injunction restraining the Federal Government and the CBN from enforcing the February 10 deadline for the phasing out of the old naira notes.

READ ALSO: Naira Crisis Has Brought Hunger, Anger, Says Sultan

The Nation had reported that the Supreme Court issued an order of interim injunction restraining the Federal Government and the CBN from enforcing the February 10 deadline for the phasing out of the old naira notes.

He said: “The situation is substantially calming down since the commencement of over-the-counter payments to complement ATM disbursements and the use of super-agents.

READ ALSO: No Going Back On February 10 Old Naira Note Deadline -Emefiele Insists

“There is, therefore, no need to consider any shift from the deadline of February 10.”

The apex bank boss also said that Point-of-Sale agents, who charge above N200 for cash swaps will be arrested and jailed when caught.

naira notes

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