Senate Halts CBN’s Proposed N5, 000 Note

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Apparently i must say our prayers and views as citizens of this great nation has been heard and really making an effect.

The lawmakers in Abuja National Assembly have said that the CBN Governor, Lamido Sanusi Lamido, should put a hold on the new N5000 note for now so that they can look into its analysis critically.

The Senate today (Monday) overruled the Central Bank of Nigeria (CBN) and Governor Sanusi Lamido Sanusi on its planned new currency policy and directed the apex bank to stop plans to introduce a single N5000 note with immediate effect.

The Senate also warned that no such policy that has far reaching implication on the people must be embarked on without the knowledge of the Senate and other stakeholders adding that “until this is done the CBN must stop action.”

Hehehehe!!!! wee making progress…yay!!!

 

2 thoughts on “Senate Halts CBN’s Proposed N5, 000 Note

  1. You really make it seem so easy with your presentation but I find this topic to be actually something that I think I would never understand. It seems too complex and extremely broad for me. I am looking forward for your next post, I will try to get the hang of it!

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