{"id":81192,"date":"2023-01-28T16:11:16","date_gmt":"2023-01-28T15:11:16","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes"},"modified":"2023-01-28T17:33:44","modified_gmt":"2023-01-28T16:33:44","slug":"too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes","title":{"rendered":"Too much suffering \u2013 Nigerians lament scarcity of new currency notes"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>With three days to the 31 January deadline to phase out the old naira notes nationwide, many Nigerians have lamented the pain of getting the new notes.<\/p>\n

Following the Central Bank of Nigeria\u2019s refusal to extend the deadline for the old naira notes, churches, mosques, businesses, traders and transporters said from Saturday, 28 January 2023 (today), they would only collect new notes.<\/p>\n

Although some Deposit Money Banks disclosed that their branches would be available on Saturday and Sunday for customers\u2019 cash swap transactions, getting the new naira notes remains frustrating.<\/p>\n

Banks in Delta, Edo, Imo, Enugu, Bayelsa other cities still dispense the old naira Naira notes.<\/p>\n

Speaking on the effect of the deadline, Nigerians took to Twitter to express their frustration.<\/p>\n

Here are their reactions:<\/p>\n

@Funke Rotimi: \u201cATMs are no longer paying, and new notes are very scarce, yet the 31st is the deadline. You all are making Nigerians suffer for nothing.\u201d<\/p>\n

@Omo Logbon: \u201cThe time frame for the old Naira note is short. Even banks in Abeokuta need to load their ATM with the new Naira note, and they are not giving it out either. It\u2019s so annoying when you are hungry; get to the ATM, dispense the old note, and take it to the market woman.\u201d<\/p>\n

@Ikeaka Onuoha: \u201cThe new naira notes are unavailable as all the banks I visited in Yenagoa have no new currency; they were busy paying out the old notes. @cenbank, let\u2019s have a daily update on national radio, as was the case with Covid-19, where we can get the new notes.\u201d<\/p>\n

@Victor Onwuka: \u201cThe deadline for the old Naira note should be extended. It causes stress on both bankers and their customers.\u201d<\/p>\n

@King Kuro Okorowamta: \u201cI hope this doesn\u2019t lead to national chaos. It\u2019s a legal tender; it isn\u2019t a commodity that perishes over time. Whatever old currency N200, N500 & N1000 goes into the bank shouldn\u2019t be recycled; in that way, the new money replaces it effortlessly. We are still where we are.\u201d<\/p>\n

@Emnanuel Mathew: \u201cWe are facing hell with this CBN directive; the old naira note is no longer valid as a means of exchange for goods; even conductors are rejecting it too\u201d.<\/p>\n

The CBN has rejected calls from financial stakeholders, lawmakers, governors and Nigerians to extend the deadline.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. With three days to the 31 January deadline to phase out the old naira notes nationwide, many Nigerians have lamented the pain of getting the new notes. Following the Central Bank of Nigeria\u2019s refusal to extend the deadline for the old naira notes, churches, mosques, businesses, traders and transporters said from Saturday, […]<\/p>\n","protected":false},"author":84,"featured_media":81191,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,9051,254],"class_list":["post-81192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-new-naira","tag-nigeria"],"yoast_head":"\nToo much suffering \u2013 Nigerians lament scarcity of new currency notes - Nigeria<\/title>\n<meta name=\"description\" content=\"With three days to the 31 January deadline to phase out the old naira notes nationwide, many Nigerians have lamented the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Too much suffering \u2013 Nigerians lament scarcity of new currency notes\" \/>\n<meta property=\"og:description\" content=\"With three days to the 31 January deadline to phase out the old naira notes nationwide, many Nigerians have lamented the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-28T15:11:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-28T16:33:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/01\/postQueueImg_1674909765.18.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Too much suffering \u2013 Nigerians lament scarcity of new currency notes\",\"datePublished\":\"2023-01-28T15:11:16+00:00\",\"dateModified\":\"2023-01-28T16:33:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes\"},\"wordCount\":404,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/01\/postQueueImg_1674909765.18.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"New Naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/too-much-suffering-nigerians-lament-scarcity-of-new-currency-notes\",\"name\":\"Too much suffering \u2013 Nigerians lament scarcity of new currency notes - 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