The notes were currently scheduled to expire on January 31.
CBN governor Godwin Emifele said Nigerians have been given enough time to swap the old notes for the new ones.
As CBN holds its first MPC meeting on Monday, financial experts have suggested retaining current policy rates.
ABCON says the CBN’s naira redesign policy has fuelled the currency’s stability at the parallel market.
The committee is chaired by Governor Charles Soludo of Anambra, with governors of Akwa Ibom, Ogun, Borno, Plateau and Jigawa states as members.
Defaulting banks that fail to pay the new naira notes to customers would be fined N1 million per money box on daily basis.
“It has…come to the notice of the board that bank accounts of some of our esteemed pensioners are yet to be credited with their entitlements.”
Before his arrest on January 8, the activist had on December 19, 2022, condemned the SSS in a media briefing for its attempt to arrest CBN governor Godwin Emefiele.
The NFIU director reminded Nigerians that three years imprisonment, payment of equivalent value of money involved or both punishments awaited violators of the cashless policy.
Citing Orders 45 and 51 of the Senate Rule, Senator Ali Ndume (APC-Borno) moved a motion to extend the circulation of the old notes.
