President Muhammadu Buhari on Wednesday said his administration is no going back on new policy to redesign of the N1,000, N500 and N200 bank notes, adding that politicians won’t be allowed to mobilise resources and thugs to intimidate voters in the 2023 general elections.
The President made this known in an interview in the United Kingdom after meeting with His Royal Majesty, King Charles III in Buckingham Palace.
Buhari also said enough time has been given by the Central Bank of Nigeria (CBN) for Nigerians to deposit the present naira notes at banks in exchange for the newly redesigned ones which will be issued by December 15, 2022.
“On this change of currency, there will be a lot of money but time has been given from October to December, three months is enough for whatever money you have, to get it changed through the legal system.
“So, I don’t know why people are complaining about it,” the President said.
He also said the policy announced by the CBN Governor, Godwin Emefiele on October 26, 2022 has come to stay.
“No going back,” Buhari said of the decision to redesign the three naira notes.
“My aim is to make sure that Nigerians believe that we respect them as an administration.
“So, Nigerians should vote for whoever they like from whichever political party. Nobody will be allowed to mobilise resources and thugs to intimidate people in any constituency. That is what I want to go down in Nigerian history for as a leader.”
