Buhari, Central Bank Governor meet over naira scarcity

President Muhammadu Buhari held another meeting with Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the State House, Abuja, on Monday.

This is Emefiele’s third private meeting with the President since the cash crunch crisis escalated across the country. He didn’t not speak to journalists after the meeting.

Daily Trust, however, learnt that the agenda of the meeting might not be far from efforts to find solution to the cash crisis.

The raging controversy over the implementation of the new currency redesign policy has not subsided.

Last Friday, the Council of State had backed the new currency redesign policy but advised the Central Bank of Nigeria (CBN) to ensure the availability of naira notes to douse tension and ameliorate the suffering of citizens across the country.

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, governors Darius Ishaku of Taraba State and Babajide Sanwo-Olu of Lagos State, as well as the Special Adviser to the President on Media and Publicity,

Femi Adesina, had briefed State House reporters on the key issues after the Council meeting at the Presidential Villa, Abuja.

Ishaku had said the CBN governor was advised to make new naira notes available or re-circulate old ones to ease the suffering of Nigerians.

He, however, added that the president would take a final decision, having received advice from members of the Council of State.

The Council of State had advised the apex bank to either make new naira notes available or re-circulate old ones to ease the suffering of Nigerians

Credit: dailytrust.com

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