The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele has warned that the Point-of-Sale agents charging above N200 for cash swaps will be arrested and jailed.
Emefiele also stated that there was no need to shift the February 10, 2023 deadline.
The Informant247 had earlier 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.
Meanwhile, Emefiele, during a visit to the Ministry of Foreign Affairs to discuss the monetary and currency redesign policy, said that shifting the February 10 deadline was needless.
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.
“There is, therefore, no need to consider any shift from the deadline of February 10.”
