On Wednesday, President Muhammadu Buhari officially introduced the New Naira Notes as suggested by the Central Bank of Nigeria (CBN).
According to Godwin Emefiele who spoke on Tuesday concerning the new notes, The newly redesigned N1,000, N500, and N200 notes will be unveiled by the president
And true to His words, today Wednesday the 23rd of November, the president did unveil the new notes
Furthermore Today marks the first time in 19years that Nigeria will revamp its currency notes.
At a briefing after the ceremony before the Federal Executive Council meeting, the CBN governor debunked insinuations
suggesting that the early unveiling of the new notes is a means to target some Nigerians.
Mr. Emefiele made an appeal to the public, pleading with them to refrain from making such assumptions and stating that there was no need to spread such rumors.
Mixed Reactions Trial The New Naira Notes Design (Photos)
Noting that the currency redesign will also boost the CBN’s Monetary policy initiative, President Buhari states that the first set of currency
which was printed locally by the Nigeria printing and minting company, will fundamentally prevent counterfeiting of the naira notes.
The president, however, appealed to Nigerians and urged them to embrace the new policy to re-design the naira.
Meanwhile, Reacting to the look of the new notes which has begin to circulate the internet, some Nigerians are not happy with the ‘changes’.
Taaooma wrote: Who colour grades these monies? Abi ink don finish for Printer?
Nikki Laoye also wrote: Is this a joke or ? Because I am genuinely confused! This ain’t real right?
Sam Speedy wrote: What kind of a country is this?
The_hair_police wrote: I cant see any difference.
Iamnafizat wrote: Is this redesign or colour painting?
Be.a.diamond wrote: They just dey decieve us with colours.