x

Naira Scarcity: Buhari Meets CBN Gov, EFCC Chairman Others

President Muhammmadu Buhari Tuesday held a closed door meeting Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Chairman of the Economic and Financial Crimes Commission (EFCC), AbdulRasheed Bawa, Secretary to the Government of the Federation (SGF), Boss Mustapha and his Chief of Staff, Professor Ibrahim Gambari.

Chairman of the Nigeria Governors’ Forum (NGF), Governor Aminu Waziri Tambuwal of Sokoto State as well as the Chairman of the Progressive Governors’ Forum (PGF) Governor Atiku Bagudu Abubakar of Kebbi State at the Aso Rock Presidential Villa, Abuja.

The meeting held amid scarcity of naira notes which had elicited protests in various parts of the country.

Last Friday, the President had implored citizens to give him a seven-day window which lapsed on February 10 to resolve the currency crunch that had emanated from the implementation of the Central Bank policy to change high value Naira notes with newly designed ones after a meeting with the All Progressives Congress (APC) governors.

Buhari had equally assured that he would be meeting with both the CBN and the Security and Minting Company and a decision would be taken based on current realities in the best interest of the people.

The governors of the ruling party had asked that the President directed an adequate injection of the new notes and the continued utilisation of the old ones until the end of the year to cushion the negative effects which the policy decision to redesign the currency had on their constituencies.

Details later…

Hot this week

Today’s football match fixtures

Here’s a clean, reader-friendly rewrite of today’s global football...

Japan Plunges into Political Turmoil as Ruling Coalition Collapses

Japan was thrown into political uncertainty on Friday after...

Kogi Court Sentences 28-Year-Old Husseini Mustapha to Life Imprisonment for Rape

By Noah Ocheni, LokojaThe Kogi State High Court sitting...

Olawepo-Hashim Accuses APC Elements of Orchestrating Smear Campaign Ahead of 2027 Elections

By Achadu Gabriel, KadunaFormer presidential candidate Dr. Gbenga Olawepo-Hashim...

WHO Eyes 2030 As Year For Achievement of Refractive Eye Care For All

By Joyce Remi-BabayejuAs the world marks the 2025...

Related Articles

Popular Categories

spot_imgspot_img