The Governor of the Central Bank of Nigeria, CBN, Goodwin Emefiele said his team has met with 15 commercial banks on how to implement President Muhammadu Buhari’s recent directives on the availability of N200 notes.

DAILY POST recalls that following the crisis arising from the scarcity of the newly redesigned naira notes, President Buhari on Thursday directed the CBN to release the old N200 note into circulation to ease the pain of Nigerians.

Addressing journalists at the State House after Buhari’s directives, Emefiele said commercial banks have been directed to make the old N200 notes available.

According to him, the development would help reduce the pain of Nigerians, stressing that they meet with bankers every day to get feedback on the naira policy.

He said: “President has given his directive, I have met with about 15 banks this morning and we have given them directives about how they can make all the N200 note available effective today.

“I assure Nigerians that this will help to reduce the pain. We meet with the bankers at least once daily to get feedback and I think we should let this policy work. The temporary pains are regrettable but I can assure Nigerians that it will be well.”

inoki247:
Wetin happen to the remaining bank...


Why not print more new note for distribution....


New Note wey plenty during Dec all of a sudden don go into extinction like Dinosaur 🦖🦕🦕

Coolsperm:
Is because Tinubu stole money during last election that is why you are suffering now

backnbeta:
How many pieces of this 200 were in circulation prior to your mop up? Why are you not talking about printing more new notes when we can only have access to 200 old notes? I still think your whole plan is flawed! I pray the (s) election holds on Saturday as scheduled, let's move on with our money! If you earn 100k in naija, you'll get 70k if you want cash

Derrickfoster1:
https://dailypost.ng/2023/02/16/naira-scarcity-cbn-15-banks-working-on-presidents-directive-emefiele/

FreeStuffsNG:
Hmmm.
Wehdone sir.

Just know that it is an illegal directive that disobeys lawful court order.

Election holds in 9 days. You should all come out en masse to vote for Asiwaju. Only Asiwaju can stop them from turning your old notes into tissue paper.

Once Asiwaju wins, old notes will remain till December 2023 and Emefiele will be fired.
check my signature for free stuffs!

MadeInTokyo:
Emefiele the real City boy

chivic:
Why only 15 banks ?

Derrickfoster1:
https://dailypost.ng/2023/02/16/naira-scarcity-cbn-15-banks-working-on-presidents-directive-emefiele/

Lovelife433:
We are all in dis mess, just because of Tinubu bullion van.