Reps Knocks CBN Over Old ₦200, ₦500, ₦1000 Validity

Reps Knocks CBN Over Old ₦200, ₦500, ₦1000 Validity …C0NTINUE READING HERE >>>

The Labour Party Caucus Leader in the House of Representatives, Afam Ogene, has criticized the Central Bank of Nigeria (CBN) for its lack of clarity regarding the use of both old and new Naira notes.

Ogene’s statement, released in Abuja on Friday, follows a recent clarification from the CBN after the Supreme Court modified its earlier ruling.

The CBN pointed out that the court’s latest decision did not specify a date when the old N200, N500, and N1000 notes would cease to be legal tender.

Earlier, on October 24, the House of Representatives had passed a motion, initiated by…

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