The Governor of the Central Bank of Nigeria, Godwin Emefiele, says he has met with the 15 heads of commercial banks in the country assuring that old N200 notes will be made available immediately.
Emefiele spoke to State House correspondents shortly after attending a meeting between Buhari and the House of Representatives adhoc committee at the presidential villa.
According to him, he discussed with them how to ease the ongoing cash crunch in the country, following President Muhammadu Buhari’s directive in his national broadcast to the nation on Thursday morning.
Emefiele who described himself as a servant appealed to Nigerians to allow the policy to work because he believes it will bring advancement to the nation’s economy when the challenge of illicit financial flows and insecurity is resolved.
Emefiele assured Nigerians that the old N200 notes will be made available immediately.
President Buhari in a nationwide broadcast, Thursday morning ordered that the old N200 notes be re-introduced into circulation and recognised as legal tender until April 10.
