New Naira Notes: Emefiele Updates Buhari On Availability Across The Country

Governor of Central Bank of Nigeria, Godwin Emefiele

President Muhammadu Buhari was on Thursday in Abuja briefed on the activities of the Central Bank of Nigeria and the Availability of the just printed new Naira Notes.

The Governor of CBN, Godwin Emefiele made the briefing during a meeting between the president and the visiting Director General of the Arab Bank for Economic Development, Sid Ould Tah, at the State House.

Emefiele’s visit to the Presidential Villa was the first since he resumed work at the CBN after his leave on Jan. 12, 2022.

It was speculated that the CBN governor travelled out of the country amidst fears he would be apprehended by operatives of the Department of State Service (DSS) over several allegations against him, including terrorism financing.

However, the DSS dismissed such allegations, including online reports that its operatives on Monday invaded the headquarters of the CBN and took over the office of the governor of the apex bank.

It gathered that Emefiele, who did not speak to journalists after the closed door meeting with the president, briefed the president on the activities of the CBN since the introduction of the redesigned naira notes of two, five and one thousand denominations.

Indication shows that the CBN governor has the president’s backing on the Naira redesign and withdrawal limit policy introduced by the apex bank in December, 2022.


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