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Group urges CBN to withdraw tattered naira notes

Ola Simeon by Ola Simeon
May 2, 2020
in News
0

A Pan-Nigerian Group, Association of Progressive Nigerians, has appealed to the Governor of Central Bank of Nigeria, Mr Godwin Emefiele, to withdraw old and tattered Naira Notes from circulation.

The Group in a statement at the weekend by its President, Alhaji Mohammed Bello, and Secretary, Mr Oluwole Aina, said now that the country is battling with COVID-19 pandemic, the continue recirculation of tattered Naira notes which have passed through several hands may lead to further spread of the dreaded Corona Virus.

The Group said in the statement:
“We hereby appeal to the CBN Governor, Mr Godwin Emefiele, to please withdraw these old and tattered Naira Notes from circulation as continue recycling of such notes may endanger the public health and lead to the further spread of the dreaded Corona Virus.

“We observe with sadness that what most banks are doing is to push out these dirty naira notes in endless recycling of what should have been withdrawn and replaced with freshly minted notes.

“It is more worrisome that when you withdraw from Automated Teller Machines across the country, what you have on your hands are dirty, mutilated and tattered Naira notes which ought to be rejected outright by all Nigerians lest they expose themselves to health hazard.
“In advanced countries, such dirty notes once received by banks are immediately sent to the mint for replacement.
“We appeal to the CBN Governor to endure that the best international practices are observed in the handling of old naira notes. Our Naira note should be seen as a national symbol and we should not diminish our country in the comity of nations”.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.