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CBN Naira Redesigned: Kebbi CBN took awareness campaign to market.

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January 19, 2023
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CBN Naira Redesigned: Kebbi CBN took awareness campaign to market.

From Ahmadu Baba Idris
Birnin Kebbi

Following the ongoing Central Bank of Nigeria (CBN) monetry policy’s and Naira Redesign  yesterday the Kebbi State Branch of the CBN has took sensitization and awareness campaign into the central market Birnin Kebbi.

The campaign which took place at the Birnin Kebbi central market was headed by the State Director National Orientation Agency (NOA) CBN controller, leadership of Market Association and other relevant stakeholders across the State.

Delivery his remarks the Kebbi State Controller of CBN Alhaji Dantsofo Mannir Abdullahi, urge the people of Kebbi State and other relevant stakeholders to returns all the old notes to the Bank inorder for them to meet up with the CBN deadline.

He stated further that the decision of the Federal Government in currency redesigned is to safeguarded the Nigerian in secure their lives and property most especially the businessmen.

“You see the CBN Act of 2007 (as amended)  vests in the Bank the responsibility to issue and Manage the country’s legal tender currency such as Naira, kobo and eNaira” he said.

The controller who also emphsis that only three of the current eight denomination will be redesigned, namely the N200, N500, and N,1000 banknotes while all other Banknotes N5, N10, N20 and N100 are being redesigned now.

‘as the president Muhammad Buhari lunched the new Naira Banknotes in November 23, 2022 which we want the people to comply with the rules and regulations’ he added.

Meanwhile,the controller also urge the people to visit commercial Banks to deposit the old notes.

“citizen without Bank accounts are encouraged to visit Banks of their choice to open accounts, while you they can also approach the nearest CBN authorized agent to make your deposit if you reside in rural areas” he said.

In his remarks the State Director NOA Mr. Joseph Yaro thanks the Mr. President for the policy adding that is the best remedy that can safe all the customer from handling the money.

He stated that the policy can also reduce the corruption in the country, “I really appreciated the president Muhammad Buhari for the new policy, all the corrupt leaders who stole our money and hide it somewhere can be exposed now’ added.

Speaking, the chairman market association, Mallam Usman Birnin Kebbi thanks the CBN for educating them on the importance of the new notes, assured them that they will abide by the rules and regulations of the policy.
End.

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