The Central Bank of Nigeria, CBN has been commended by the council of state over the cashless policy it has introduced and the redesign of the Nigeria’s currency
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But the council asked Godwin Emefiele, the CBN governor, to make new naira notes available or recirculate old naira notes to ease the suffering of Nigerians.
The council met on Friday at the presidential villa and was presided over by President Muhammadu Buhari to address the current challenges regarding the naira redesign and the currency swap.
The meeting was attended by former Presidents Goodluck Jonathan; Yakubu Gowon, and Abdulsalami Abubakar and Olusegun Obasanjo who attended virtually, Vice President, Professor Yemi Osinbajo; the President of the Senate, Ahmad Lawan and Speaker of the House of Representatives, Femi Gbajabiamila