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NewsPresident Buhari Unveils Redesigned Naira Notes

President Buhari Unveils Redesigned Naira Notes

President Muhammadu Buhari has unveiled redesigned notes for the highest denominations of Nigeria’s currency.
The new notes presented to the public are the 1000, 500 and 200 naira notes.
The unveiling was done just before the federal executive council meeting on Wednesday.
Present at the ceremony were Secretary to the Government of the Federation, Boss Mustapha, Chief of Staff to the President, Prof. Ibrahim Gambari and Head of Civil Service of the Federation, Dr Folashade Yemi-Esan.
Others were Ministers and the Governor of the Central Bank of Nigeria, (CBN) Godwin Emefiele.
In his brief remarks, the CBN Governor said the introduction of new notes was a deliberate step by government to check corruption and counterfeiting of the notes.
He added that, the naira notes currently in use will remain as legal tenders till 31st January, 2023.
Details later…

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