BREAKING: Emefiele Complies With Supreme Court Judgement, Directs Banks To Receive, Issue Old Notes
March 13, 2023
The governor of Anambra State, Charles Soludo, on Monday, disclosed that the governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has directed commercial banks to receive and issue old currency notes to Nigerians.
Soludo, on his verified Twitter handle, @ccsoludo, disclosed that the CBN personally confirmed the decision to him.
He, however, stated that Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March, 2023.
The statement, titled, Special Public Announcement,” reads, “Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive same as deposits from customers.
Tellers at the commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.
The Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March, 2023.
“The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night” Said the gov.
Residents of Anambra are therefore advised to freely accept and transact their businesses with the old currency notes (N200; N500; and N1,000) as well as the new notes.
Residents should report any bank that refuses to accept deposits of the old notes.
Anambra State Government will not only report such a bank to the CBN, but will also immediately shut down the defaulting branch.
C. C. Soludo CFR.