- The Federal Government of Nigeria has condemned the Central Bank of Nigeria’s decision to redesign Naira notes
- This comes just two days after CBN Governor Godwin Emefiele announced plans to phase out some naira notes
- The Naira notes were expected to be available for distribution on December 15 and to replace the old naira notes by the end of January 2023
The Federal Government on Friday distanced itself from the planned redesign of the Naira notes by the Central Bank of Nigeria (CBN).
The CBN Governor, Godwin Emefiele, announced on Wednesday that the N200, N500, and N1000 notes would be redesigned effective from December 15.
