The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said the recent release of three redesigned naira notes has somehow reduced kidnapping and ransom-taking by armed men.

The CBN governor, who spoke after the apex bank’s Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, also said there is no going back on its January 31, 2023, deadline for the validity of the old N200, N500, and N1,000 notes.

“Truly speaking, at the margin, I may be wrong, but I think kidnapping and ransom-taking have somehow reduced. Security agents are doing a fantastic job.

“I think it (naira redesign) has slowed those people down because they know that if they collect old notes, nobody is going to collect it from them. So, it might as well as think of other ways,” he said.

Emefiele noted that the CBN remained focused on the weak and the vulnerable in society and would attend to them even after the deadline to ensure they have the new notes.

https://newsroundtheclock.com/emefiele-claims-naira-redesign-has-reduced-kidnapping-ransom-taking/

Abeg no going back

Bullshit

APC accusing APC
No be juju be that?

We support Buhari and Emefiele on the new naira redesign

It will also reduce vote buying by Tinubu

He's very correct. There hasn't been any recent kidnapping and moving of bullion vans into private properties.

Emilokan...

Una go her word by fire by force.

It will also reduce vote buying which will give the country a free and credible elections.. Whoever now wins is who the majority want and we all won't have a choice than to live with it, better than one person forcing himself on the whole country by rigging and buying votes.

Nice👏

Toh

It actually has. Read some news where a guy gave a beggar 1K and the beggar turned it down because it’s old note

Not far from the truth.