Fear of Naira Scarcity as Reps Give CBN Date to Phase Out Old Notes, Give New Directive on New Notes

Fear of Naira Scarcity as Reps Give CBN Date to Phase Out Old Notes, Give New Directive on New Notes …C0NTINUE READING HERE >>>

The House of Representatives has urged the Central Bank of Nigeria (CBN) to accelerate the distribution of new Naira notes and phase out the old currency gradually before the December 31, 2024In a motion led by Adam Victor Ogene, lawmakers highlighted the chaos and hardship caused by the currency change in 2023 and expressed concernsThe House also emphasised the need for the CBN to launch awareness programs to prepare Nigerians for the upcoming transition

Abuja, FCT – The House of Representatives has requested that the Central Bank of Nigeria (CBN) increase the circulation of new…

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