ICYMI: CBN To Stop Pollution By Recycling Tonnes Of Bad Naira Notes
The Central Bank of Nigeria has revealed plans to start recycling about 100 tons of paper banknote wastes generated weekly across the country.
The CBN stated in a communique tagged “Request for Proposal for the Recycling of Paper Banknote Wastes” that the naira notes wastes are destroyed through open air burning in sites owned by the Bank or rented, usually from the respective State Governments. “The purpose of this Request for Proposal is to solicit competitive proposals from reputable companies that can recycle CBN paper banknote wastes into useable products that can be beneficial to the nation while adhering to Health Safety and Environment Standards.”
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