THERE'S NO PRINTING OF NEW BANK PAPERS CAUSING THEIR LOCATION ACROSS THE COUNTRY, SAYS EMEFIELE In an investigation by Focus News H...
THERE'S NO PRINTING OF NEW BANK PAPERS CAUSING THEIR LOCATION ACROSS THE COUNTRY, SAYS EMEFIELE
In an investigation by Focus News Hausa source, PREMIUM TIMES from a very powerful source, it found out that there was a shortage of new currency notes and that is why there is a shortage of them in the country.
The Governor of the Central Bank of Nigeria, Godwin Emefiele, himself said this at the national meeting held at the Governor's Palace in Aso Rock, Abuja.
The meeting was attended by four former presidents of Nigeria, including Yakubu Gowon, Goodluck Jonathan, Abdussalami Abubakar, and Olusegun Obasanjo.
Emefiele told the former leaders of Nigeria that the shortage of paper money is the reason why there is a delay in changing the old paper money to the new ones that are available across the country.
Emefiele said We have now sent England and Germany to print 500 and 1000 naira notes for us.
The change in the color of Nigerian currency notes has caused violence and serious problems across the country, where in Ogun and Ondo states, there have been violent protests against the deadline set by the government to stop using the old currency.
If it is not forgotten, the governors of Kaduna, Zamfara, and Kogi sued the federal government to the Supreme Court over the deadline of the 10th of the month set by the Central Bank. The court decided to suspend the term until the hearing of the decision that the court will make in the future.
Although the federal prosecutor said that the Supreme Court does not have the jurisdiction to make such a decision, it did not say anything about this decision.