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BREAKING: 36 Governors Summon CBN Emefiele Over New Naira Notes



CBN Emefiele

36 Governors in Nigeria have summoned CBN Emefiele for a crucial meeting over the new naira notes.


NewsOnline reports that the 36 governors have summoned the governor of the Central Bank of Nigeria, Godwin Emiefele, for a meeting on Thursday over issues related to the new naira notes introduced by the CBN.


The Nigeria Governors’ Forum spokesman, Abdulrazaque Bello-Barkindo, disclosed this in a statement issued on Tuesday.

Mr Bello-Barkindo said the meeting, according to the invitation issued to Mr Emiefele by the NGF chairman, Governor Aminu Tambuwal, would commence at 9:00 p.m. prompt.


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“Issuing the invitation, the Nigeria Governors Forum Director General, Mr Asishana Bayo Okauru, said the agenda is on the recent CBN policy of redesigning the naira notes,” said the statement.


The CBN announced the initial decision to redesign the naira on October 26, 2022, while it also set January 31, 2023, as the deadline for the old note to serve as legal tender.


The NGF said the virtual meeting agenda is titled ‘The Economic and Security implications of naira redesign and withdrawal policy’.


“The discussion promises to foster participation and dialogue between various stakeholders, including governments and civil society organizations, to come out with a solution to the lingering issue,” the statement added.