- CBN has announced plans to redesign some naira notes.
- According to Emefiele, the Naira notes to be redesigned include N200, N500 and N1000.
The Central Bank of Nigeria (CBN) has announced plans to redesign some naira notes.
The CBN boss, Godwin Emefiele, disclosed this at a press conference on Wednesday, October 26.
According to Emefiele, the Naira notes to be redesigned include N200, N500 and N1000.
He stated that the new design and issues will be effective from December 2022 and advised Nigerians to go to the bank when the time comes to exchange the old notes for the newly designed ones.
Some reaction culled below:
The Village Headmaster
Makes no sense wanting to spend billions of Naira to redesign and reprint the Naira which will still not help in appreciating the currency! How on earth his egg-head is still the CBN Governor after all his disastrous policies…is a miracle to me!!
Abdullahi Mohammed
Will that make it stronger or just another way of wasting the most needed funds on irrelivances pls leave it the way it is we’re not complaining
Johnny Depp
This guy is a joke. Same value
Anthony Usoro
Oga you get plenty work to do to stabilize the exchange rate, to formulate economic laws to strengthen the Naira etc… No, na to change naira note you wan do. Dem tell you say na wetin dey make the naira fall be that…as u no see abokifx to accuse abi. Kai…Nigeria don suffer.
Okeke Ada
They’re still looking for another way to embezzle money before their tenure end, what redesign of money doing for our economy.sick people
