The CBN should return the old money, if the new ones are not available, said the Council of Elders of Nigeria The National Council of El...
The CBN should return the old money, if the new ones are not available, said the Council of Elders of Nigeria
The National Council of Elders in Nigeria, that is the Council of State, concluded an emergency meeting at the President's Palace in Abuja where they requested the Central Bank of the country, the CBN to produce more new currency notes for the benefit of the people of the country.
According to the council, if the new currency will not be available, then the CBN will go back to giving the public the old currency notes, as reported by BBC Hausa.
The council - which is under the leadership of President Muhammadu Buhari - called the meeting to discuss the current situation in the country as it approaches the general election.
The council consists of former presidents of Nigeria, presidents of the senate and representatives, some ministers, and governors of the country.
She also said that despite the problems faced, she supports the central bank's plan to reform the naira.
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