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No going back on the planned Naira redesign - President Buhari


No going back on the planned Naira redesign President Buhari

President Muhammadu Buhari says the CBN has given Nigerians enough time to deposit the present naira notes at various banks in exchange for the newly redesigned ones.

The President said this on Wednesday after a meeting with King Charles the third at Buckingham Palace, UK.

President Buhari also said there is no going back on the planned redesign of the 200 Naira, 500 Naira, and 1,000 Naira bank notes. He said the policy will hinder politicians from mobilizing resources and thugs to intimidate voters in the coming elections.

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