BREAKING: CBN in a state of confusion, makes counter Press Statement on old N500, N1,000 notes (READ NEW RELEASE)

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READ ALSO:. BREAKING:. Controversy continues as BUHARI approves only old N200 as legal tender for 60 days

FEDERAL Government controlled Central Bank of Nigeria (CBN) under the leadership of Godwin Emefiele seemed to be in a state of confusion with counter Press Statements within six hours for public consumption.

The news came like a wildfire at about 11.00am on Friday that a directive came from the CBN that Deposit Money Banks should be collecting N500 and N1000 from bank customers.

 

 

 

 

 

President Muhammadu Buhari had earlier directed anyone with it to deposit it at the CBN in a nationwide broadcast on Thursday.

While some banks have sent directives to their staff to start collecting the old notes, the banks have already complied before a counter Press Release surfaced few hours later.

A new Press Release just came out from the CBN debunking the earlier Press Release available to SOJ WORLDWIDE,

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“THE attention of the Central Bank of Nigeria (CBN) has been drawn to some fake and an unauthorized messages quoting the CBN as having authorized Deposit Money Banks to collect the old N500 and N1000 bank notes.

For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate as legal tender for 60 days up to April 10, 2023. Members of the public should therefore disregard any message and/or information not formally released by Central Bank of Nigeria on this subject.”

 

 

 

 

https://docs.google.com/forms/d/e/1FAIpQLSfjdLdCgSwuqIuQyALbHO8X9WEbTfmnZ3QjUEBC56xZo-op3g/viewform?usp=sf_link

Media Practitioners are advised to PLEASE verify any information from correct sources before publication.”

 

 

 

 

 

 

 

READ ALSO:.  BREAKING:. Controversy continues as BUHARI approves only old N200 as legal tender for 60 days

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