President Muhammadu Buhari on Thursday directed Nigeria’s central bank to reissue old 200-naira banknotes withdrawn just days ago as concerns grow that the botched introduction of new money could disrupt general elections later this month.
That shortage has led to frayed tempers and hardship, particularly those who work in the cash-based informal economy and for citizens who live in rural areas. Protests are spreading across the country and bank branches have been damaged. In a televised broadcast Thursday, Buhari expressed sympathy for Nigerians experiencing hardship and announced that the old 200- naira note will return to circulation for 60 days.
Media's are always funny with big words. Our Leaders just want to frustrate other opponent to avoid buying vote, by suffering the people
The Nigerian government policies at time is purely political and doesn't translate to economy growth of the populace.
PMOIndia
Misleading headline The government is shifting to a digital currency The people don't want it
N465.1 = $1. Interesting exchange rate.😁