 The governor of Central Bank of Nigeria, Godin Imaefele, has assured Nigerians that despite the deadline of the February 10th to face out old notes, commercial banks will continue to accept the old note as provided in section 20, subsection 3 of the CBN Act. Imaefele made the clarification on Tuesday when he finally appeared before the House and the Committee on the Swap of the New Naira Note, plus TV Emanuele General Report, as presented from our studios. The governor of Central Bank, Godin Imaefele, finally appeared before the other Committee on the Special Cash Swap Policy, headed by leader of the House of Representatives, Honourable Ado Dogua, after failing to honour the Committee's invitations. In his presentation, the CBN governor noted that the introduction of the new Naira Note was long overdue, but despite the delay, it has helped in curbing insecurity, ban the tree as well as revamped the economy. He said out of the over 2.7 trillion Naira outside the banking system in 2022, 1.9 trillion Naira has been recovered by the Central Bank of Nigeria since November 2022. More than 2.7 trillion Naira were outside the banking system. More than 2.7 million trillion Naira is held in people's homes. What that does is it makes our mandate of monetary policy very difficult. When we are not in control out of 2.3 trillion, what we see only in the banking system is just about 500 billion, there is no how our work with you, the lawmakers, has made the law for us to carry out our work and not be effective. And that is the reason and permit me I will continue to say, and thank the President that in 19 years we have had an opportunity to carry out this important aspect of our mandate. If other clarified insinuations on insufficient redesigned Naira notes in circulation by assuring that CBN staff and about 159 Nigerians are supporting CBN to ensure that the new currency reach all local government areas in the country. We deployed all our staff, all our staff, we effectively shut down, we just shut down Legos. All staff, go to your locality, not just your state, not just your local, go to your locality. We are lucky that we have, in Central Bank, there is hardly anybody who says that in the locality there is nobody working in Central Bank, all over the 36th of the country. Most people, I doff my heart for them, they left their job in the last three and a half weeks. They have been in the villages, in the localities, they take cash, even when the banks are a little bit, like, cadastical about it, they take cash from CBN, maybe take like five million, they go to those localities and do cash exchange. Chairman of the committee, Honourable Dogua, while commanding the efforts of the Apex Bank, berated it for not carrying the parliament along in its actions. He said the achieved Nigerians were facing due to scarcity of funds necessitated the action of the parliament. So, only if you had communicated this to us much earlier, the crisis would not have come up at all. Nigerians would have gone home to sleep without any fear of let or hindrance. So, I want to thank you so much for coming up with this submission. According to CBN, the exercise has achieved over 75 percent success in villages across the 774 local government areas across the country.