Former Deputy Governor of Central Bank of Nigeria (CBN), Kingsley Moghalu, has reacted to a statement credited to the Minister of Finance, Budget and National Planning, Zainab Ahmed, over the planned redesign of Naira notes by the Central Bank.
The Minister had on Friday said her ministry was not consulted by the apex financial institution as regards its latest decision.
Ahmed, in a response to a question during a 2023 budget session at the National Assembly, argued that the planned policy would portend grave consequences for the economy of the country.