…it’s fake news
The Central Bank of Nigeria has debunked a press release shared on the Instagram page of the First Lady, Aisha Buhari.
Aisha released a post stating that the old N500 and N1000 notes should remain legal tender for the next 70 days, till May 1, 2023.
CBN in a counter claim in a post on its social media page said that the post of the first lady was false and the the apex bank has not changed its stance and it sticks to Presidential Directive to Reissue only 200 Naira Old Banknotes
The statement reads;”The attention of the Central Bank of Nigeria has been drawn to a FAKE PRESS RELEASE Purported to have emanated from the Bank to the effect that President Muhammadu Buhari has approved the re-issuance and release of old N500 and N1000 notes as legal tender in the country.
“For the avoidance of doubt, the Central Bank of Nigeria reiterates that in line with the directives of Mr. President, only N200 old notes are to be reissued and to circulate concurrently with the new notes. Members of the public are therefore advised to ignore this fake news.
“The Bank is working with the law enforcement agencies to investigate, apprehend and prosecute the purveyors of this fake news. Please be guided accordingly”
