• About
  • Advertise
  • Contact
Friday, October 3, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

Buhari Orders Speedy Distribution Of New N200, N500, N1,000 Notes

....assures businesses, poor Nigerians of protection

Vital News by Vital News
January 28, 2023
in Economy, News
0
I Look Forward To Peaceful Polls, Retirement, Says President Buhari
Share on FacebookShare on Twitter

By Kola Adeyemi
Abuja – President Muhammadu Buhari on Saturday says a number of initiatives by the Central Bank of Nigeria (CBN) and all commercial banks are underway to speed up distribution of the new N200, N500, and N1,000 notes across the country.

The president stated this in a statement issued in Abuja on Saturday

He said the CBN and the banks are doing all that is necessary to forestall cash squeeze and ease the chaos currently associated with new currency notes swap

President Buhari assured that his administration will ensure that no disruption is caused to the entire supply chain arising from the new Naira notes swap due to end shortly.

Buhari in the statement in said the Federal Government will ensure that citizens are unharmed in their businesses.

RelatedStories

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

The President in the statement signed by Garba Shehu, his
Senior Special Assistant on
media and publicity was reacting to reports of long queues of people waiting for hours for their turn to deposit old notes and get new ones.

The development has been triggering public anger and opposition’s criticism across the country.

President Buhari, however, reiterated that the currency changes had become necessary to prevent counterfeits, corruption, and terrorism funding.

According yo him, the policy is aimed at people hoarding illicit funds and not the common man.

He assured that the move will stabilise and strengthen the nation’s economy.

“While taking note that the poorest section of society is facing hardship as they often keep hard cash at home for various expenses, President Buhari gave strong assurances that the government will not leave them to their own fate,” the statement said. (vitalnewsngr.com)

Tags: CBNchaosnotesswap
Previous Post

Deaths From Road Crashes Rose To 29pct In 2022 – FRSC

Next Post

James Ejiga Sunday Accuses Gabriel Enemona Of Attempting To Frustrate N17.5mln Fraud Case

Vital News

Vital News

RelatedStories

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From  October 29
News

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

October 2, 2025
National

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication
Education

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
FG Cancels Independence Anniversary Parade
Aviation

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

October 2, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi
News

Bandits Kidnap Police Officer In Kwara

October 2, 2025
Next Post

James Ejiga Sunday Accuses Gabriel Enemona Of Attempting To Frustrate N17.5mln Fraud Case

Zainab, Wife Of Kogi NUJ Chairman Dies At 46

I Died Yesterday - Kog NUJ Chairman's Wife Told Him Before She Died

Kwara To Use N2.5bln SURE -P Refund To Offset Gratuity, Pension Of LGs Staff – Govt.

Kwara To Use N2.5bln SURE -P Refund To Offset Gratuity, Pension Of LGs Staff - Govt.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

British PM, Rishi Sunak Fined For Violating Seatbelt Law

British PM, Rishi Sunak Fined For Violating Seatbelt Law

3 years ago
Legendary Ewi Exponent, Lanrewaju Adepoju Dies At 83

Legendary Ewi Exponent, Lanrewaju Adepoju Dies At 83

2 years ago
Marketers Demand N1.5trn Subsidy To Match Refinery Gantry Price – Dangote Refinery

No Dispute with Dangote Refinery, Only Seeking Fair Access To Petroleum Products – DAPPMAN

1 week ago
Zulum Raises Teachers’ Retirement Age To 65yrs

Zulum Raises Teachers’ Retirement Age To 65yrs

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

Bandits Kidnap Police Officer In Kwara

Death Toll In Ibaji Boat Mishap Rises To 36

Arrest of 147 Terrorists In One Week, Confirms Tinubu Is Boosting Troops’ Morale – Group ‎

Fubara Sacks Commissioners, SSG, SAs, SSAs

2027 : Group Holds Awareness Walk In Kogi, Reaffirms Commitment To Vision, Leadership Of President Tinubu

Trending

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From  October 29
News

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

by Vital News
October 2, 2025
0

The Kogi State Government says it will commence strict enforcement of ban on Zariagi, Osara and other...

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
FG Cancels Independence Anniversary Parade

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

October 2, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Bandits Kidnap Police Officer In Kwara

October 2, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29 October 2, 2025
  • Realnews Announces Theme, Date For It’s 13th Anniversary Lecture October 2, 2025
  • Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication October 2, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In