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Buhari reveals redesigned naira notes

Supreme Desk
23 Nov 2022 10:25 AM GMT
Buhari reveals redesigned naira notes
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The Governor of the CBN, Godwin Emefiele, who announced the shifting of the date on Tuesday at a media briefing to mark the end of the 288th Monetary Policy Committee meeting and the last in 2022, urged those in possession of the old notes to hurriedly deposit them at the nearest bank branch.

President Muhammadu Buhari unveiled the redesigned naira notes of N200, N500, and N1000 at the Council Chamber of the Presidential Villa Abuja on Wednesday.

Supreme reports that the unveiling of the naira notes preceded the virtual meeting of the Federal Executive Council (FEC), with a number of cabinet members in attendance.

The unveiling of the new, redesigned notes, hitherto slated for December 15, was brought forward to Wednesday by the Central Bank of Nigeria (CBN).

The Governor of the CBN, Godwin Emefiele, who announced the shifting of the date on Tuesday at a media briefing to mark the end of the 288th Monetary Policy Committee meeting and the last in 2022, urged those in possession of the old notes to hurriedly deposit them at the nearest bank branch.

This, he said, would enable them to beat the January 31, 2023, deadline to dispose of the old notes.

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