JUST IN: Emefiele Gives Fresh Directive To 15 Bank Executives

JUST IN: Emefiele Gives Fresh Directive To 15 Bank Executives

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), says he met with 15 bank executives and directed them to make the old 200 naira notes available beginning Thursday (today).

He stated this after attending a meeting on Thursday between President Muhammadu Buhari and the House of Representatives Special Ad Hoc Committee on Naira Redesign Policy, Cashless Policy, and Currency Swap.

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In an interview with State House Correspondents, Emefiele, who described himself as a servant, urged Nigerians to let the policy work because he believes it will help the nation’s economy when the challenge of illicit financial flows and insecurity is resolved.

The CBN Governor stated that the hardship and temporary pains caused by the policy are regrettable, but that the apex bank will continue to work to alleviate Nigerians’ sufferings as a result of the cash crunch.

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