New notes: CBN meets commercial banks in Gombe

Godwin Emefiele

CBN Governor, Godwin Emefiele

The Central Bank of Nigeria (CBN) in collaboration with the Economic and Financial Crimes Commission (EFCC), has met with officials of commercial banks in Gombe as a measure against violation of its guidelines.

Speaking to newsmen shortly after the meeting in Gombe on Saturday, Aliyu Ashiru, Deputy Director, Financial Markets Department of the CBN, said the meeting was in line with the need to ensure strict compliance with CBN guidelines.

Ashiru said the engagement was to also caution commercial banks against attempts at sabotaging the circulation of the new notes in the state.

He said that the apex bank was committed to ensuring that notes made available to banks were accessible to the public.

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He said that the proper implementation of the currency redesign policy of the CBN was key, hence the need to engage key stakeholders to ensure that the policy benefitted Nigerians.

“The meeting is in furtherance of our engagement that we have been having with the banks so as to smoothen all the rough edges in the implementation of the currency redesign policy,” he said.


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