Governor Charles Soludo of Anambra State has revealed a conversation he had with the governor of the Central Bank of Nigeria, Godwin Emefiele regards to the transaction with the old N200, N500 and N1,000 naira notes.
Soludo made the revelation in a post on his verified social media page, he said the apex bank governor confirmed to him that transacting with the old naira notes is now legal and commercial banks should dispense and accept the old naira notes.
He went further to direct Anambra residents to start transacting with the old naira notes, citing Emefiele gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March, 2023.
The full statement read:
“Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive same as deposits from customers. Tellers at the commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.
“The Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March, 2023. The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night. Residents of Anambra are therefore advised to freely accept and transact their businesses with the old currency notes (N200; N500; and N1,000) as well as the new notes.
“Residents should report any bank that refuses to accept deposits of the old notes. Anambra State Government will not only report such a bank to the CBN, but will also immediately shut down the defaulting branch.
Signed
C. C. Soludo CFR.
Governor, Anambra State.
