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CBN Announces Re-Design Of Naira Note, Nigerians Kicks

The Central Bank of Nigeria, CBN has announced that the N200, N500 and N1,000 Naira notes would be re-designed and circulated in December.

This announcement was made by the CBN Governor, Godwin Emefiele on Wednesday, during a press briefing in Abuja, Federal Capital Territory.

Some Nigerians on Twitter platform has however reacted to this new development with most of them saying the Naira notes re-design shouldn’t the priority for Nigeria, especially now that’s a lot of jeopardy in the country.

Daniel Regha, A popular tweep, tweeted, “CBN doesn’t need to re-design N200, N500 & N1,000 notes, that’s a misplaced priority. Naira is literally w¤rthless at this point, the CBN should be looking for how to increase its value, not redesign the notes. This present govt keeps fai!ing Nigerians but some people don’t learn.”

“In the face of flood threatening some parts of the country and in a time of inflation, CBN is set to re-design N200, N500 and N1,000 notes.” Tola tweeted.

Adepoju Samuel also on the twitter handle asked, “Is this our priority now? CBN to redesign N200, N500 and N1,000 notes.”

“CBN to redesign N200, N500 and N1,000 notes. CBN knowing fully well that $1 has already conquered both the N200 and N500 notes put together and is now gunning for N1,000 note. It’s just a pity that the only legacy Godwin Emefiele would be living behind is that of fine notes.” Oshiomole Augustine added.

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