Emefiele Meets With Heads Of Banks, Says Old N200 Notes Will Be Circulated Immediately

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Emefiele meets with heads of banks, says old N200 notes will be circulated immediately
Emefiele meets with heads of banks, says old N200 notes will be circulated immediately

Godwin Emefiele, the governor of Central Bank of Nigeria (CBN), says he has met with 15 heads of commercial banks to ease the ongoing cash crunch in the country, following President Muhammadu Buhari’s directive in his national broadcast to the nation.

Emefiele spoke to state house correspondents shortly after attending a meeting between Buhari and the house of representatives ad hoc committee on new naira redesign and naira swap policy at the presidential villa, on Thursday.

Emefiele Meets With Heads Of Banks, Says Old N200 Notes Will Be Circulated Immediately

The CBN governor assured Nigerians that the old N200 notes will be made available immediately.

He, therefore, appealed to the citizens to allow the policy to work, saying it will go a long way in helping the nation’s economy.

Emefiele also assured that the CBN will continue to do everything possible to ease the sufferings currently being experienced by Nigerians due to the cash crunch.

Source: The Cable