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Naira redesign: CBN faults Soludo, denies directing commercial banks to accept, dispense old Naira notes

More than 10 days after the Supreme Court ruling, the Central Bank of Nigeria has refuted reports credited to the Anambra State Governor, Prof Charles Soludo, that it had directed commercial banks in the country to dispense and accept the old Naira notes.

The Acting Director of Corporate Communication, CBN, Dr. Isa Abdulmumin, in an exclusive chat with DAILY POST on Monday, clarified that there is no statement from the apex bank, telling commercial banks to dispense and accept the old N500 and N1,000 notes from Nigerians.

Abdulmumin was reacting to a statement by the Governor of Anambra State, Prof Chukwuma Soludo, claiming the apex bank had directed commercial banks to dispense and accept the old notes.

READ ALSO: https://www.thexpressng.com/gov-soludo-confirms-banks-can-issue-n500-n1000-notes/

“Governor Charles Soludo’s statement emanates from him, not the Central Bank of Nigeria. The Central Bank has not issued any statement directing banks on a collection of old naira notes. I am sure sometime in the future; the bank will issue a statement.l,” Abdulmumin said.

CBN’s silence 10 days after the Supreme Court ruling validating the old naira notes has continued to unsettle economic stakeholders amid Nigerians’ hardship over the naira crisis.