…Bandits Abduct Four In Zamfara, Demand New Naira Notes As Ransom
President Muhammadu Buhari on Wednesday unveiled the re-designed Naira Notes.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele had on Tuesday said the president will unveil the newly designed N1,000, N500 and N200 notes.
The unveiling today, marks the first time in 19 years, Nigeria will be redesigning it’s currency notes.
At a briefing after the ceremony before the Federal executive council meeting, the CBN governor debunked insinuations that the early unveiling of new notes is a means to target any Nigerian.
Mr Emefiele appealed to members of the public that there is no need to perpetuate any such information.
He maintained that there will be heavy restriction on the volume of cash that people can withdraw over the counter, as it works with the EFCC to monitor the purpose of any heavy transactions.
Bandits Abduct Four In Zamfara, Demand New Naira Notes As Ransom
Bandits have abducted four people in the Kolo village of Gusau Local Government Area in Zamfara State and refused to collect old naira notes as ransom.
It was gathered that the bandits earlier demanded N10m as ransom but after the negotiation, they agreed to collect N5m.
Sources from the area also said that as the villagers were trying to get the money through communal effort, the abductors sent a message on Tuesday that they would not release the kidnapped victims until the release of the new naira notes by the Central Bank of Nigeria (CBN).
