the House of Representatives Ad hoc Committee on new naira re-design and naira swap policy has rejected the ten days extension granted by the Central Bank of Nigeria for the exchange.

The committee described the extension as a mere political gimmick to further deceive Nigerians and worsen their economic and social livelihood.

The committee chaired by the Majority Leader, Alhassan Doguwa, in a statement, rejected the extension, insisting that the CBN must comply with sections 20 subsection 3, 4, and 5  of the CBN Act.

According to him, the committee would continue its work until it gets the demands of Nigerians addressed in accordance with the laws of the land.