 Thank you to have you join us on our flagship news tonight. I'm Laura Tatyogo. The Speaker of the House of Representatives, Femig Bajabiamila, has insisted that commercial banks are obliged to continue to receive phased-out notes until after five months of the change in the design. The Speaker quoted sections 20, subsection 3 of the Central Bank of Nigeria's Act that compels the CBN to also redeem the phased value of the recalled currency upon demand even after the expiration of the recall and withstanding the deadline imposed by the CBN. The Speaker also stated that the duration of the exercise should be between a time duration of two to five months. Bajabiamila was reacting to the failure of the CBN governor and his officials refusal to honor the House's invitation to brief it on the scarcity of the new notes to Nigerians. The Central Bank Act under section 20 allows the Central Bank to change the legal tender but it also says that after the expiration date such Naira notes change will no longer be legal tender but it says that even five months after, three months after, two months after, even in June, any old notes presented to the bank shall be redeemed by the bank. That point needs to be made to the Central Bank and to the public. It has not been made.