The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, on Thursday, said since President Muhammadu Buhari announced his latest directive on the new Naira policy, he has met with the leadership of about 15 commercial banks.
The CBN stated this when he visited presidential villa hours after the nationwide televised broadcast where he announced that only the old N200 note will remain a legal tender until April 10, 2023.
He said the meeting with the bank executives earlier on Thursday was to ensure ample supply of the old N200 notes to alleviate the sufferings of Nigerians.
Related NewsBuhari has overruled Supreme Court with reintroduction of old N200 – UbaniNo need extending deadline for old notes — CBNBreaking: Buhari meets Emefiele again in Abuja
Buhari had earlier in a nationwide broadcast, directed the CBN to release old N200 notes into circulation to co-exist with new N200, N500, and N1,000 banknotes for 60 days.
He, however, said old N500 and N1,000 banknotes are no longer legal tender in Nigeria.
The President also apologised to Nigerians over the difficulty experienced in the implementation of the naira redesign policy.