The Central Bank of Nigeria (CBN) has denied reports claiming that the Governor of the apex bank, Godwin Emefiele, said the current challenge in the distribution of the newly redesigned naira banknotes is due to a shortage of printing materials at the Nigerian Security Printing and Minting Company Plc.
Some reports in a section of the media claimed Emefiele said this during his presentation to the National Council of State at its meeting on Friday, February 10, 2023.
wishes to appeal to the public to disregard the said report and exercise more restraint, even as we work assiduously to increase the circulation of the new notes in the country.
The apex bank also reacted to a misleading voice note trending on social media alleging that the CBN planned to shut down some banks in a particular geopolitical region of the country.
??We wish to state unequivocally that there is no such plan and that the claims are illogical and do not comply with the workings of the Nigerian banking system. The public is therefore advised to ignore such recordings as they do not represent the policy thrust of the CBN and are only the desperate attempts of persons bent on inciting the public against the bank” the statement reads
