The Central Bank of Nigeria said that both old and new notes are now legal tender.

The Acting Director of Corporate Communications CBN, Dr Isa Abdulmumin disclosed this on Tuesday.

He affirmed that commercial banks have started issuing both the old and new notes to their customers.

But insisted that the apex bank is yet to issue an official statement.

He said, “Banks are paying old notes as well as new notes. They are all legal tender.

“Yes, the CBN has not issued an official statement on the issue. Anyone banks give to you, you can collect. We just want to make life easy for Nigerians.”

Last week, the Supreme Court gave its verdict on Naira redesign, directing the federal government to allow the validity of N200, N500 and N1000 notes till 31 December.

In response to the ruling, DAILY POST gathered on Monday that some banks in Abuja and Lagos have started issuing the old notes to customers.

But, traders, business owners and motorists are not accepting the old notes.

helinues:
Eventually

What then is the essence of Emefiele doing strong head before , inflicting unnecessary hardship on Nigerians when he knew the implementations of the Naira redesign failed.

How can CBN mopped up N1.9tn old notes and printed only N300bn new notes. I thought Emefiele said they have confiscated the old N1000 and N500, where are the banks getting it from to pay their customers.

Africans hardly take responsibility for their mistakes

Those who supported the failed implementations of Naira just to score cheap political points should bury their head in the sand

Fahdiga:
Before you start to point fingers, this is economic policy of your beloved APC.

adekolaelect:
shut up!!! No any reasonable person support this policy but you Obi's and Atikus supporters with the hope that the policy will help you fight your persived Enemy but the Tree has fall to where you don't want it .

Naira Redesign: Merits Of The Redesign Policy And Reasons The Old Notes Should Not Be Returned (Video)

The old notes were withdrawn from circulation by the federal government through the CBN, citing economic issues hampering Nigeria’s growth.

Nearly a month now the old notes were discontinued, we look at the merits of the new policy as well as the positive impacts of the new withdrawal limits in the country, whilst acknowledging the resultant difficulties experienced by Nigerians who are yet to adjust.

https://www.youtube.com/watch?v=x1ACuJfGVl0

Fahdiga:
Before you start to point fingers, this is economic policy of your beloved APC.

Fahdiga:
Which party is in power?

helinues:


Yet the presidential candidate of the Apc condemned the implementations of the policy even if it's against his own party while your candidate, Peter Obi remain mute thinking the effects will worn in his favour.

Imagine, when Nigerians needed Obi most, he kept mute instead

Beremx:
The most useless and incompetent CBN governor should issue an official statement on this. What is he waiting for? Banks are giving out the notes yet it's been rejected. An official statement will make things easy for Nigerians to use the money. 😡😡😡😡

Rheader:
After putting Nigerians through untold hardship. Emefiele it shall never be well with you!

helinues:


Yet the presidential candidate of the Apc condemned the implementations of the policy even if it's against his own party while your candidate, Peter Obi remain mute thinking the effects will worn in his favour.

Imagine, when Nigerians needed Obi most, he kept mute instead

helinues:


Must you always argue blindly?