In February 2023, the Nigeria Governors’ Forum (NGF) formally petitioned President Muhammadu Buhari to extend the old naira note deadline, citing severe economic hardship and a potential "recipe for anarchy". The governors urged a policy review, including ensuring the availability of new notes and addressing the cash scarcity affecting the informal sector. Further context is available in reports from outlets like Punch and AllAfrica . Extend Old Naira Notes Deadline, 36 Governors Beg Buhari