Anambra State Governor Charles Soludo on Monday said the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele confirmed to him that banks can now receive and dispense old naira notes.
Soludo stated this in a release which he also shared on social media. He used the medium to urge Anambra residents to begin transacting with the old banknotes.
Prof Soludo, a former CBN governor, said Emefiele personally confirmed the development to him in a phone conversation on Sunday night after a bankers’ committee meeting.
According to him, tellers at 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.
“The CBN Governor, Dr Godwin Emefiele, personally confirmed this development 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, including N200; N500; and N1,000 as well as the new notes,” he said.
Soludo said Anambra 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,” he said.
