By Abubakar Abdullahi
The Central Bank of Nigeria (CBN) has intensified its sensitisation and awareness campaigns on the redesigned new Naira notes and currency swap- old notes to new redesigned notes.
A CBN team visited the palace of the Mai Kaltungo Engineer Saleh Muhammad, and some major Commercial Banks in Billiri and Kaltungo.
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Mr. Philip Yila Yusuf the team leader who is also Director Development Finance, represented by the branch controller Gombe state Alhaji Shehu Goringo, was received by Maikaltungo at his palace in Kaltungo.
Goringo noted that traditional institutions remained a critical component in the sensitisation drive.
Goringo also said the traditional institutions were closer to the rural dwellers, adding that they could be used to educate the people on currency swap- old notes to new redesigned notes..
They were in Kaltungo and to carry out advocacy and ensure compliance in the disbursement of the new currency to the public.
The team leader disclosed that the advocacy was being carried out simultaneously in all the 36 states across the country and federal capital territory Abuja.
He, however, solicited the support and cooperation of the royal institutions in Gombe towards ensuring the success of the policy.
Goringo urged the palace to help reach the people, especially those in the creeks, to remind them that the old notes being withdrawn from circulation would cease to be legal tender after January. 31sth 2023
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He also promised to relay the various issues raised concerning the currency Naira notes swap and people’s complaints to the CBN headquarters.
In his response, the Maikaltungo thanked the Federal Government for redesigning the Naira and also the CBN for embarking on an advocacy drive and currency swap.
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The Eng. Saleh Muhammad lamented the unavailability of the new notes in commercial banks and ATM outlets in Kaltungo and Gombe metropolis.
He, however, wondered if the January 31 deadline for the circulation of the old notes would be feasible.
He also urged the CBN to review the January 31 deadline upwards, noting that “till now, so many people have not seen the new Naira notes in Kaltungo and environs.
The CBN team later moved to the Billiri and sensitised traders to the redesigned notes and currency swap assured them of the availability of the new currency.