Currency Notes Dateline: KACRAN Commends NASS For Withdrawal Extension Period

From Muhammad Maitela, Yobe.

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN) commends the Members of National Assembly on the outcome of joint session of the two Chambers, which unanimously decided to call on the Central Bank's Governor to as a matter of utmost importance save the Nigeria's economy from avoidable collapse by extending the withdrawal period of the old currency notes to June 2023 

In a statement issued by KACRAN National President, Hon. Khalil Mohammed Bello, said ruly, the Members of our National Assembly acted promptly and thus deserve the highest commendation not only by Kulen Allah, but by all well-meaning Nigerians.

Hon. Bello said that, at this crucial time, they proved to Nigerians and the entire world that they are good representatives awho are there to defend the interest of the people as well as the nation's economy.

He adds that, "In line with their courageous and patriotic actions, the entire our members and other good people of Nigeria that we passionately wish to them for remain resolute in their very strong legislative stand to safeguards the interest of their fatherland, by making sure that at any Consititutional cost including mounting excessive pressure on Mr President to force the Central Bank Governor reverse his dust raising decision."

"We advising them to do is, since the (he) CBN's Governor is saying there is no going back on the ultimatum for the withdrawal of old currency notes, they should therefore use their legislative power to  make him do the needful that will satisfy the generality of Nigerians. Because the majority of Nigerians are calling for the extension of the period for the withdrawal of the old  currency notes to December 2023." He said. 

Khalil Bello said that, "If you re-call, our last Press statement, we called President Muhammadu Buhari to sack the Central Bank Governor due to his unacceptable stand to ignore the appeal of well-meaning Nigerians to extend the deadline for the withdrawal of the old currency notes.", 

"This is a commendation from millions of our members, and we hope that our national assembly members, will continue with their good work to make sure that the deadline fixed by Central Bank Governor is extended to a meaningful time, where by no body will incure any loss of his hard earnings." 

In the other hands, the association has commends the Yobe State Governor, Mai Mala Buni, who called attention of CBN's Governor to extend the deadline for the withdrawal of old currency, due to reasons he clearly stated that: only four or four Local Governments out of the 17 in Yobe state have banks.

The KACRAN also appreciates the effort of Arewa Consultative Forum's appeal to CBN to extend the deadline for the withdrawal of the old currency notes to a reasonable time that will enable the people of their region who are less educated to exchange their money with the newly introduced currency notes.