President Muhammadu Buhari, in a national broadcast has extended the validity of the old two hundred naira bank notes till April 10, 2023.The president addressed the nation today, following series of protests across the country yesterday over scarcity of new naira notes. Buhari, however, stated that all old five hundred naira and one thousand naira bank notes yet to be deposited to banks can still be redeemed at the CBN office, adding that the decision was for the interest of Nigeria’s economy.The apex court had earlier ordered the Federal government and the CBN against implementation of the earlier currency swap deadline of February 10. However, seven other states joined the plaintiffs in the suits while Edo and Bayelsa States also applied for a joinder with Federal government as respondents, in support of the CBN policies.
