Claims: Buhari declares supports for CBN’s redesign and replace of Naira notes.
VERDICT: Buhari has declare support for CBN’s move to redesign and replace 1000,500 and 200 Naira notes, president Buhari said reason given to him by CBN, convinced him that the economy stood to benefit from policy.
President Muhammadu Buhari has declare support for the move by central bank of Nigeria to redesign the three largest denominations of Naira.
According to a Sunday statement by his spokesman, Garba shelu, the president said CBN’s decision had his support and he is convinced that Nigeria will gain a lot by doing so.
Premium Times reported the announcement by CBN Governor, Godwin Emfiele, that the apex bank would redesign the 200, 500 and 1000 Naira notes.
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