President Muhammadu Buhari has coordinated that the old 200 naira note stay legitimate delicate till April 10 2023.
Buhari made this statement in a public transmission to Nigerians on Thursday.
His words:” To additional facilitate the stockpile pressures especially to our residents, I have given endorsement to the CBN that the old N200 certified receipts be delivered once more into flow and that it ought to likewise be permitted to circle as lawful delicate with the new N200, N500, and N1000 banknotes for 60 days from February 10, 2023 to April 10 2023 when the old N200 notes stops being legitimate delicate.
“In accordance with Segment 20(3) of the CBN Act 2007, all current old N1000 and N500 notes stay redeemable at the CBN and assigned focuses.
“Taking into account the soundness of our economy and the heritage we should give to the following organization and people in the future of Nigerians, I advise each resident to endeavor harder to put aside their installments by exploiting the stages and windows being given by the CBN.
“Allow me to guarantee Nigerians that our organization will keep on surveying the execution with the end goal of guaranteeing that Nigerians are not superfluously troubled. In such manner, the CBN will guarantee that new notes become more accessible and open to our residents through the boycott
