The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he has met with 15 bank executives and directed them to make the old 200 naira notes available.
He made this known after attending a meeting between President Muhammadu Buhari and the House of Representatives Special Ad Hoc Committee on Naira Redesign Policy, Cashless Policy, and Currency Swap.
Emefiele appealed to Nigerians to allow the policy to work because he believes it will bring advancement to the nation’s economy when the challenge of illicit financial flows and insecurity is resolved.
President Muhammadu Buhari had earlier in a nationwide broadcast, directed the CBN to release old 200 naira notes into circulation to co-exist with new 200, 500, and 1,000 naira banknotes for 60 days.