Residents in Sango Ota have come out in large numbers to massively protest the continous scarcity of new Naira notes, in Ogun State.
Naija News reports that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday insisted there is no going back on the deadline earlier given for the old naira notes to be withdrawn from circulation.
Speaking on Tuesday at the Ministry of Foreign Affairs in Abuja, the CBN Governor said the naira scarcity situation is already calming down, hence no need to shift the February 10 deadline as earlier announced.
According to him, there is no need to consider any shift in the deadline. 
“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,” Emefiele was quoted to have said.
In compliance of the directive, banks in Ogun state have refused to receive the old notes from Nigerians whilst failing to disperse the new notes, leading to chaos in the state.
Watch the video below;
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