December 5, 2023

New Naira Notes: Finance Minister Disowns CBN Plan To Redesign Naira

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has distanced herself from the planned naira redesign, which was announced by the Central Bank governor, Mr. Godwin Emefiele.
The Minister, who disowned the policy, said she had no idea of the decision and warned that the decision will have the dire consequences.
Reacting to questions from Senator Bamidele Opeyemi representing Ekiti Central Senatorial district on Friday at the National Assembly, where she appeared before the Senate Committee on Finance for the 2023 budget defence of the ministry, the minister maintained that the policy may be good, but coming at the wrong time.

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