President Muhammadu Buhari has asked Nigerians to give him seven days to resolve the crisis caused by the scarcity of new naira notes.
The president said he has seen reports about cash shortages and the effect on local businesses and ordinary people.
He said the remaining seven days of the 10-day extension will be used to crack down on the encumbrances mitigating the successful implementation of the currency redesign policy.
“I will revert to the CBN and the Minting Company. There will be a decision one way or the other in the remaining seven days of the 10-day extension,” the president said on Friday.
His position was made known after meeting with governors of the All Progressives Congress (APC).