The presidential candidate of the New Nigeria Peoples Party (NNPP) Rabiu Kwankwaso has faulted the new naira swap deadline, claiming it only affects the masses and not the political elites who he said have banks. 

The Central Bank of Nigeria (CBN) had on Sunday extended the deadline for the swapping of the newly-designed naira notes, bowing to pressure from many quarters.

But Kwankwaso said the February 10th deadline given by the apex bank is not enough, arguing that if the move was meant to curb vote-buying as many believe, the aim would be defeated since major politicians have access to the banking system.

He said time frame for the swapping of the new currency is short, arguing that in many parts of the country, especially in the northern region, there are no banks.