The Central Bank of Nigeria (CBN) has insisted that it followed the law and due process in its decision to redesign some of Nigeria’s naira notes. Nigeria's apex bank, while defending its decision to redesign N200, N500 and N1,000 notes, on Saturday evening stated on its Twitter account that the redesign of the naira was 12 years overdue. The CBN Governor, Godwin Emefiele, on Wednesday announced the apex bank's plan to redesign some naira notes but the decision has generated a backlash since it was announced.
We Followed Due Process For Naira Redesign; Exercise Is 12 Years Overdue, Central Bank Of Nigeria InsistsNigeria's apex bank, while defending its decision to redesign N200, N500 and N1,000 notes, on Saturday evening stated on its Twitter account that the redesign of the naira was 12 years overdue.
The Central Bank of Nigeria has insisted that it followed the law and due process in its decision to redesign some of Nigeria’s naira notes.Nigeria's apex bank, while defending its decision to redesign N200, N500 and N1,000 notes, on Saturday evening stated on its Twitter account that the redesign of the naira was 12 years overdue.