Banks Have Enough New Naira Notes to Meet Demand, CBN Insists Says banks not banned from paying new notes over the counter
Nume Ekeghe
Money Banks (DMBs), saying the banks have enough new notes to circulate across the nation ahead of the January 31 deadline when old notes will cease to be a legal tender. The CBN has also clarified
Amid the rising demand for the new naira notes, the Central Bank of Nigeria (CBN) has dismissed speculations over the inadequacy of the new notes in the Deposit
that it did not ban the banks from paying customers the new notes over the counter, pointing out that the directive to the banks to dispense new notes via Automated Teller Machines (ATM) was to complement
over-the-counter transactions and increase the circulation of the redesigned notes. The apex bank had directed the banks to load their ATMs with only new notes to ensure that the currency circulates across
the nation ahead of the January 31 deadline. Dismissing the speculation over the inadequacy of the new notes in banks, the Director of Corporate Communication, CBN, Mr. Osita Nwanisobi, who spoke
with THISDAY at the weekend, said adequate plans have been made to heighten the circulation of the new notes. He stated that speculations that Continued on page 5
Ahead of Buhari’s Visit to Adamawa Tomorrow, Police Beef up Security… Page 8 Sunday 8 January, 2023 Vol 27. No 10134
www.thisdaylive.com TR
UT H
& RE A S O
N400
N
Suspected Herdsmen Attack Train Station, Kidnap Passengers in Edo… Page 8
Dragging Buhari into Campaigns Can't Help You, PDP Mocks Tinubu Says APC candidate has stained image Insists ex-Lagos gov will smear Buhari with his putrid stains Chuks Okocha in Abuja The Peoples Democratic Party (PDP) yesterday mocked the
presidential candidate of the All Progressives Congress (APC), Senator Bola Ahmed Tinubu, for seeking to drag President
Muhammadu Buhari into his campaign to use the president to launder his stained image. It said it was indeed ludicrous
that Tinubu who is badgered with narcotic and many corruption allegations stains is now seeking Buhari’s presence in his campaign
rallies after he had boastfully claimed that the president had no political relevance and could not become President until he
came to his rescue. In a statement signed by the Continued on page 5
Reject ‘Mr. Privatise,’ Atiku, and ‘Mr. Stingy,’ Obi, Tinubu Tells Voters Says former VP will sell everything and run away, while Obi will save money and starve Nigerians Vote out APC, PDP structures, LP candidate tells supporters Ejiofor Alike in Lagos and Adedayo Akinwale in Abuja The presidential candidate of the All Progressives Congress (APC), Senator Bola Tinubu, has again lambasted his counterparts in the Peoples Democratic Party (PDP) and the Labour Party (LP), Atiku Abubakar and Peter Obi, respectively, and urged Nigerian voters to reject them in next month’s presidential election. Tinubu, who called Atiku ‘Mr. Privatise, and Obi ‘Mr. Stingy,’ declared that while the former vice president will sell the birthright of Nigerians and run away with the proceeds, the former governor of Anambra State will save money and starve Nigerians if elected in next month’s election. However, Obi has urged Nigerians to vote out the two major political parties, PDP and APC, which have been claiming Continued on page 5
THE WAY FORWARD… L-R: Chairman, Philips Consulting, Mr. Foluso Philips; Vicar, Cathedral Church of Christ, Venerable Henry Adelegan; Chairman, Channels Television/Chairman of the occasion, Mr. John Momoh; Provost of Cathedral Church of Christ, Very Rev Adebola Ojoteitimi; and Chairman, Cathedral Torch Bearers, Mr. Gbolahan MUBO PETERS Ayodele, at the breakfast and inter-denominational Christian discussion by the Cathedral Touch Bearers in Lagos…yesterday
See eCopy of THISDAY Style on www.thisdaylive.com