CBN: We have capacity, enough materials to print required new naira notes | TheCable

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.cenbank: We have capacity, enough materials to print required new naira notes | TheCable

Godwin Emefiele, CBN governor, had been quoted as saying there is a cash shortage because there is not enough capacity to print new naira notes to satisfy the demand.Nwasinobi, spokesperson of the CBN, in a statement on Friday, said the narrative is misleading.

He said Emefiele informed the council of state that the NSPMC was working to print all naira denominations to accommodate Nigerians’ transaction needs.produce the required indent of the naira.misleading report misquoting the Governor, Mr. Godwin Emefiele, as attributingto a shortage of printing materials at the Nigerian Security Printing and Minting“We wish to state categorically that at no time did the CBN Governor discloseFriday, February 10, 2023.

“Similarly, there is a misleading voice note trending in social media alleging that the CBN planned to shut down some banks, particularly in a particular geopolitical region of the country,” the CBN said.are illogical and do not comply with the workings of the Nigerian bankingnot represent the policy thrust of the CBN and are only the desperate attempts of persons bent on inciting the public against the Bank.

 

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cenbank Print am na!!!!! Transfer no de work, imagine I get money, hungry still de catch me

cenbank So what are you waiting for

cenbank Let's forget he old notes and begin printing new ones plzz

cenbank Note the word 'required'. What is not required will not be printed. Online transactions should be seamless and not chargeable so that citizens can embrace the cashless transactions.

cenbank cenbank have the president returned the sample you gave him?

cenbank Print more of lower denomination, it circulate faster because vote buyers have little interest in 200 denomination downwards. If you like release 1 trillion naira of 1000 & 500, it will go out of circulation in few days and blame games continue.

cenbank They should shut up and print the money. Activate that capacity, you satanic saboteurs.

cenbank So bring them out cenbank

cenbank Make una keep quiet Rubbish talk Meanwhile you can't get the money anywhere

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