Business

Governors invite Emefiele over new naira notes

The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele, to a virtual meeting over issues on the new naira notes introduced by the apex bank.

The Head, Media and Public Affairs, Nigeria Governors’ Forum (NFG) Secretariat, Abdulrazaque Bello-Barkindo, made this known via a statement issued on Tuesday.

Bello-Barkindo stated that the meeting, according to the invitation issued to Emiefele by the Chairman of NGF, Governor Aminu Tambuwal of Sokoto State, would be held on Thursday.

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“Issuing the invitation, the Nigeria Governors Forum Director General, Mr Asishana Bayo Okauru, said the agenda is on the recent CBN policy of redesigning the Naira Notes,” he noted.

Bello-Barkindo said the agenda of the virtual meeting is titled, ‘The Economic and Security implications of naira redesign and withdrawal policy’.

“The discussion promises to foster participation and dialogue between various stakeholders, including governments and civil society organizations to come out with a solution to the lingering issue,” he added.

The CBN announced its decision to redesign the naira notes on October 26, 2022, while it also set January 31, 2023, as the deadline for the old note to serve as legal tender.

The Star

Segun Ojo

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