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    New Naira Notes: 36 States Governors Invite Emefiele for Meeting

    Julius AlagbeBy Julius AlagbeJanuary 17, 2023No Comments2 Mins Read
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    New Naira Notes: 36 States Governors invite Emefiele for Meeting
    Godwin Emefiele, CBN Gov
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    New Naira Notes: 36 States Governors Invite Emefiele for Meeting

    The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank.

    The Head, Media and Public Affairs, Nigeria Governors’ Forum (NFG) Secretariat, Abdulrazaque Bello-Barkindo, disclosed this in a statement issued on Tuesday in Abuja.

    Bello-Barkindo said that the meeting, according to the invitation issued to Emiefele by the Chairman of NGF, Gov. Aminu Tambuwal of Sokoto State, would commence at 9 pm prompt.

    “Issuing the invitation, the Nigeria Governors Forum Director General, Mr Asishana Bayo Okauru, said the agenda is on the recent CBN policy of redesigning the Naira Notes,” Bello-Barkindo said.

    The CBN announced the initial decision of the Apex Bank to redesign the Naira note on Oct. 26, 2022, while it also set Jan. 31, 2023, as the deadline for the old note to serve as legal tender.

    Bello-Barkindo said that the virtual meeting agenda is titled “The Economic and Security implications of naira redesign and withdrawal policy.” >>>Nigeria’s 10-Year Bond Yield Falls 280bps to 12.24%

    “The discussion promises to foster participation and dialogue between various stakeholders, including governments and civil society organizations to come out with a solution to the lingering issue.” #New Naira Notes: 36 States Governors Invite Emefiele for Meeting

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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