Abuja, Feb. 16, 2022 – Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), today said he had directed commercial banks to ensure ample circulation of old N200 notes as directed by President Muhammadu Buhari.
The CBN Governor spoke to journalists during a visit to the State House, Abuja on Thursday.
He said he had met with the management of at least 15 commercial banks since the nation-wide broadcast of the president this morning.
Emefiele said his meeting with the bank executives was to find ways to alleviate the sufferings of Nigerians by making the old N200 notes readily available.
President Muhammadu Buahari, in a nation-wide broadcast, announced that only the old N200 notes would continue to be legal tender till April 10, 2023.
He said the old N500 and N1, 000 notes had seized to be legal tender since Feb. 10, 2023. (GBN)
