Buhari unveils re-designed naira notes

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PRESIDENT Buhari, today, unveiled the re-designed Naira Notes.

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele had on Tuesday said the president will unveil the newly designed N1,000, N500 and N200 notes.

The unveiling marks the first time in 19 years, Nigeria will be redesigning it’s currency notes.

At a briefing after the ceremony before the Federal executive council meeting, the CBN governor debunked insinuations that the early unveiling of new notes is a means to target any Nigerian.

Emefiele appealed to members of the public that there is no need to perpetuate any such information.

According to him, the CBN will intensify the monitoring process and interrogate the process of withdrawals.

He said the new notes would go into circulation before the December 15, 2022 date earlier stated by the central bank.

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