BREAKING: CBN To Recirculate Old Notes - DAILY GIST
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BREAKING: CBN To Recirculate Old Notes

Adam PR by Adam PR
February 28, 2025
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Members of the council of state have expressed support for the naira redesign policy of the Central Bank of Nigeria (CBN).

The council however asked Godwin Emefiele, the CBN governor, to make new naira notes available or recirculate old naira notes to ease the suffering of Nigerians.

The meeting, held on Friday at the presidential villa, was presided over by President Muhammadu Buhari.

In attendance are the former Presidents Goodluck Jonathan; Yakubu Gowon, and Abdulsalami Abubakar as well as ex-President, Olusegun Obasanjo who attended virtually.

Also present at the chamber is the Vice President, Professor Yemi Osinbajo; the President of the Senate, Ahmad Lawan; Speaker of the House of Representatives, Femi Gbajabiamila.

Governors in attendance are Nasir El-Rufai (Kaduna), Darius Ishaku (Taraba), Babajide Sanwo-Olu (Lagos), and Babagana Zulum (Borno). Other governors that are virtually in attendance are Ademola Adeleke (Osun), Abubakar Badaru (Jigawa), Yahaya Bello (Kogi), Atiku Bagudu (Kebbi), Dapo Abiodun (Ogun), Aminu Tambuwal (Sokoto), Simon Lalong (Plateau) and the Deputy Governors Nasarawa and Bauchi States.

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The Minister of the FCT, Mohammed Bello; Secretary to the Government of the Federation, Boss Mustapha; Attorney General of the Federation and Minister of Justice, Abubakar Malami and the Governor of the Central Bank of Nigeria, Godwin Emefiele also attended the meeting.

The INEC Chairman, Mahmood Yakubu is also physically in attendance and is expected to brief the council on the preparations ahead of the 2023 elections.

All the Service Chiefs and Heads of security agencies were also physically present.

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