Refreshed: Buhari supports proceeded with utilization of old N200 notes
President Muhammadu Buhari has supported the proceeded with utilization of the old N200 notes.
The old N200 notes will coincide with the new N200 takes note of, the Nigerian chief said.
He, in any case, didn’t permit the proceeded with utilization of the old N500 and N1,000 notes, just saying the CBN would keep on tolerating them.
Mr Buhari expressed this in a public transmission Thursday morning.
It isn’t clear on the off chance that the new mandate will diminish the naira shortage being capable by Nigerians.
Notwithstanding, the old N200 notes will stay substantial for the following 60 days, Mr Buhari said
To additional facilitate the stock tensions, especially to our residents, I have given endorsement to the CBN that the old N200 monetary certificates be delivered once more into course and that it ought to likewise be permitted to circle as legitimate delicate with the new N200, N500, and N1000 banknotes for 60 days from February 10, 2023, to April 10, 2023, when the old N200 notes stop being lawful delicate,” the president said.