Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has met with the executives of commercial banks in the country over the seamless implementation of President Muhammadu Buhari’s order directing recirculation of the old N200 notes.
Emefiele’s meeting with the bank executives came on the heels of an early morning broadcast by President Buhari on Thursday who communicated the government’s decision to allow the old N200 note to remain legal tender for two months.
Emefiele, who was at the presidential villa on Thursday afternoon for a meeting with Buhari and some other stakeholders, including an ad-hoc House of Representatives ad-hoc Committee on Naira re-design/Cashless policy and currency swap, said he already met with 15 bank executives on how to ease the cash crisis.
He assured that the old N200 note will be made available with immediate effect.
He appealed to Nigerians to allow the policy to work, saying it will go a long way to help the nation’s economy.
The CBN Governor assured that the CBN will continue to do everything possible to ease the suffering experienced by Nigerians due to the cash crunch.
