In March, the Supreme Court decided that the prior version of the Naira notes, as well as the new Naira notes, would remain legal currency until December 31, 2023.
However the order meant that both the old Naira and the new Naira notes coexists as legal tenders until December 31.
But going by observations today, it seems the new Naira note is no longer in circulation as banks only issue old notes while the new ones are no where to be found presently.
Concerned Nigerians wondered what will be the fate of the country come 31th of December if the new notes are not in circulation from now till then.
Does it mean Nigerian citizens will go back to the cashless era where people starve, suffer just to access the money they’ve toiled for?
Meanwhile Nigerian veteran singer Charly Boy in his recent tweet raised alarm over this note being reserved.
He took to his Twitter page to share a message claiming that only the old notes are currently in circulation since the court’s decision.
A picture which he shared stated: “I nor dey see new naira notes again oo.”
He caption it: “Why, why, why? Can somebori tell me why?”
See the post below:
Why why why?
Can somebori tell me why? pic.twitter.com/kwxAc3zs5D
— Charly Boy Area Fada 1 (@AreaFada1) April 21, 2023
In opinion, the federal government is advised to start now in making necessary arrangements for the transition from the old Naira notes to the new ones so as to enable the circulation until the deadline. If the old notes are more in circulation now, what might happen during 31th of December?