• Latest
  • Trending
Naira Redesign: How To Identify Fake Notes From Original

Naira Redesign: 13 Political Parties Threaten To Pull out of General Elections

Hundreds Walk Out on Netanyahu’s UN Speech

Hundreds Walk Out on Netanyahu’s UN Speech

Why NNPC Refineries May Never Work Again – Dangote

Dangote Refinery Gives Reason for Sacking Staff

Ex-Oyo Governor Ladoja Crowned 44th Olubadan

Ex-Oyo Governor Ladoja Crowned 44th Olubadan

Sultan, Amosun, Others Storm Ibadan for 44th Olubadan Coronation

Sultan, Amosun, Others Storm Ibadan for 44th Olubadan Coronation

Refineries: How Dangote Group was chased away from Rivers State

Dangote Refinery Sacks All Nigerian Staff After ‘Union Move’

Nigeria Police celebrate 30 officers Called to Bar

Nigeria Police celebrate 30 officers Called to Bar

Netanyahu Blasts West Over Palestine Recognition

Netanyahu Dodges Europe, reroutes flight to UN over ICC fears

Friday, September 26, 2025
  • Login
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
iDeemlawful
No Result
View All Result
iDeemlawful
No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
Home Breaking News
Naira Redesign: How To Identify Fake Notes From Original

Naira Redesign: 13 Political Parties Threaten To Pull out of General Elections

by iDeemlawful
February 6, 2023
in Breaking News
A A
0

“Thirteen” out of the 18 political parties in Nigeria have threatened to withdraw from the February 25 and March 11 general elections in Nigeria over the naira redesign policy of the Central Bank of Nigeria (CBN).

At a briefing by a coalition of chairmen of political parties on Monday, the “13 parties” commended President Muhammadu Buhari on the redesign of the N200, N500 and N1,000 banknotes.

The parties said they won’t be interested in the elections if the new deadline of February 10, 2023 is shifted as demanded by some governors of the All Progressives Congress (APC).

SeeThese

CBN opens up on Introducing New N5000, N10000 Notes

CBN ordered to suspend increase in ATM Transaction Charges

CBN dragged to Court over ATM fee hike

The “13 parties” also knocked the Kaduna, Kogi and Zamfara State Governments for heading to the Supreme Court to get court injunction to extend the deadline for the validity of three old notes.

ADVERTISEMENT

The National Chairman of the Action Alliance, Kenneth Udeze, who briefed the pressmen, said, “We hereby announce that at least 13 out of the 18 political parties in Nigeria will not be interested in the 2023 general elections and indeed we shall withdraw our participation from the electoral process if this currency policies are suspended or cancelled or if the deadline is further shifted.”

The CBN on October 26, 2022, announced its plan to redesign the three banknotes. The President subsequently unveiled the redesigned N200, N500, and N1,000 notes on November 23, 2022, while the apex bank fixed a January 31 deadline for the validity of the old notes.

The CBN also pegged its weekly cash withdrawal limits to N500,000 for individuals and N5m for corporate firms.

With cries by many Nigerians, the apex bank extended the deadline from January 31 to February 10, saying it got the approval of the President.

Buhari on Friday after a meeting with some APC governors asked for seven days to make a major decision on the policy

Tags: CBN PoliciesiPad
Previous Post

Massive Death As Two Major Earthquakes Hit Turkey And Syria

Next Post

EFCC Arrests Senior Bank Manager For Hoarding Millions Of New Naira Notes

Next Read

Ex-Oyo Governor Ladoja Crowned 44th Olubadan
Breaking News

Ex-Oyo Governor Ladoja Crowned 44th Olubadan

...

Read moreDetails
Sultan, Amosun, Others Storm Ibadan for 44th Olubadan Coronation
Breaking News

Sultan, Amosun, Others Storm Ibadan for 44th Olubadan Coronation

...

Read moreDetails
Nigeria Police celebrate 30 officers Called to Bar
Breaking News

Nigeria Police celebrate 30 officers Called to Bar

...

Read moreDetails
15 Die in Kwara road Accident
Breaking News

Kwara LG Goes Spiritual as Insecurity Bites

...

Read moreDetails
Nigeria @ 65: FG Unveils Theme for Independence Day 2025
Breaking News

Nigeria @ 65: FG Unveils Theme for Independence Day 2025

...

Read moreDetails
Tinubu finally Confers CON on Ogoni Four
Breaking News

Tinubu finally Confers CON on Ogoni Four

...

Read moreDetails
Remi Tinubu Pulls In N20bn After Birthday Fund Appeal
Breaking News

Remi Tinubu Pulls In N20bn After Birthday Fund Appeal

...

Read moreDetails
United Capital Names 6 staff killed in Lagos Fire Tragedy
Breaking News

United Capital Names 6 staff killed in Lagos Fire Tragedy

...

Read moreDetails
Next Post
EFCC Arrests Senior Bank Manager For Hoarding Millions Of New Naira Notes

EFCC Arrests Senior Bank Manager For Hoarding Millions Of New Naira Notes

Syria-Turkey Earthquake: Mother dies After Giving birth under Rubble, Death Toll Rises

Syria-Turkey Earthquake: Mother dies After Giving birth under Rubble, Death Toll Rises

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019 iDeemlawful.

Useful Links

  • About
  • Advertise
  • Editorial
  • Support

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Copyright © 2019 iDeemlawful.