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Confusion as CBN does not know quantities of new naira notes

Admin by Admin
22 December 2022
in Business, National, News
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By Uzair Adam Imam

The Central Bank of Nigeria (CBN) says it does not know the quantities of the new naira notes it printed and released for circulation in the country.

The CBN Deputy Governor, Aisha Ahmad, made this disclosure when she appeared before the House of Representative on Thursday.

Ahmad, who represented the CBN Governor, Godwin Emefiele, was before the lawmakers to brief them on the apex bank’s cashless policy and cash withdrawal limits.

The Daily Reality gathered that the lawmakers had on Wednesday requested that Ahmad should appear before the House since Emefiele was outside the country for health issues.

Ahmad was asked by a lawmaker, Sada Soli, about the quantities of the new notes printed due reason to non-availability of the notes days after they were released to the public.

But Ahmad, while responding to his question, said she does not know the quantities of notes printed by the apex bank.

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Tags: Central Bank of NigeriaGodwin EmefieleNaira RedesignNigeria
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