Falana writes CBN, demands details of new naira notes distribution

Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nigeria demanding details of the amount of new naira notes distributed to commercial banks across the country.

Feb 20, 2023 - 16:31
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Falana writes CBN, demands details of new naira notes distribution
Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nigeria demanding details of the amount of new naira notes distributed to commercial banks across the country.

 Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nigeria demanding details of the amount of new naira notes distributed to commercial banks across the country.

He also demanded that the CBN should provide the list of customers who have withdrawn more than the N100,000 maximum sum approved by the apex bank.

The CBN has maintained that it printed enough new N200, N500 and N1,000 notes to go round, blaming politicians for hoarding the new notes.

However, in a letter from Falana Chambers signed by Femi Adedeji, ESQ, dated February 16, 2023, Falana demanded that the CBN should provide details on how the new notes were disbursed to commercial banks

SOURCE- PUNCH.

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