Oluwatoyin Gbadebo
The President, Major General Muhammadu Buhari (retd.), has said that the Old N200
The president made this known on Thursday morning during an address to Nigerians were he also apologised to Nigerians over the difficulties experienced in accessing the scarce new naira notes.
He however said that the old N200 note will be legal tender for the next 60 days, till April 10, 2023 and urged Nigerians to deposit their old N500 and 1000 notes with the CBN.
Buhari said, “Considering the health of our economy and the legacy we must bequeath to the next administration and future generations of Nigerians, I admonish every citizen to strive harder to make their deposits by taking advantage of the platforms and windows being provided by the CBN.
“Let me assure Nigerians that our administration will continue to assess the implementation with a view to ensuring that Nigerians are not unnecessarily burdened. In this regard, the CBN shall ensure that new notes become more available and accessible to our citizens through the banks.
“I wish to once more appeal for your understanding till we overcome this difficult transient phase within the shortest possible time”.