With the crisis that has erupted following the swap of the old naira notes with the new ones, governors of the All Progressives Congress (APC) have made their stance known on the deadline extended by the Central Bank of Nigeria.

Out of 36 state governors, 21 of them were elected under the platform of the APC.

Daily Trust reports that the governors elected under the platform of the ruling party have rejected the February 10 deadline announced by the CBN's boss, Godwin Emefiele.

Sources close to the state governors said they were worried that millions of Nigerians are suffering from accessing the new naira notes.

The source added that the governors warned the Nigerians have been having a difficult time living a normal life in the past few days due to the scarcity of funds.

They also agreed that the new CBN policy is not only hurting the nation's economy but also the well-being and security of the people and Nigeria as a whole.

He added that the governors before reaching the decision to have a meeting with President Muhamamdu Buhari, the governor had nominated some of their members to meet with the CBN governor, Godwin Emefiele. During the meeting, the governors expressed their displeasure over the “hasty nature” of the cashless policy and its management by the apex bank.

His words:

“But Emefiele told them that there was actually no ill-feeling while taking the decision to change the naira notes; and that it was not his unilateral decision.

"He told them the president has to be in the picture."
https://www.otowngist.com/2023/02/naira-swap-crisis-apc-governors-moves-against-cbn/