Naira Redesign Won't Allow Politicians To Sponsor Thugs – Buhari

President Muhammadu Buhari says there is no going back on the planned redesign of the N1,000, N500 and N200 bank notes, adding that politicians won’t be allowed to mobilise resources and thugs to intimidate voters in the 2023 general elections.The President made this known on Wednesday in an interview in the United Kingdom after meeting with His Royal Majesty, King Charles III in Buckingham Palace.

Buhari also said enough time has been given by the Central Bank of Nigeria (CBN) for Nigerians to deposit the present naira notes at banks in exchange for the newly redesigned ones which will be issued by December 15, 2022.

“On this change of currency, there will be a lot of money but time has been given from October to December, three months is enough for whatever money you have, to get it changed through the legal system.

“So, I don’t know why people are complaining about it,” the President said.

Ondomind