Naira Re-Design: Buhari Backs Emefiele

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Amid controversies over the position of the Finance Minister, Zainab Ahmed, on the decision of the Central Bank of Nigeria, CBN, to embark on the redesigning of Naira notes, President Muhammadu Buhari has said that the CBN has his support on the project.

Ahmed, at the weekend, declared that the CBN did not carry her Ministry along in the new Naira note plan, warning that the new notes could have dire consequences on the value of the Naira.

But Buhari in a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, said he is convinced the nation will gain a lot by doing so.