Emefiele meets Buhari over new naira notes

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has met with President Muhammadu Buhari over the activities of the apex bank, including the redesigning of naira notes.

Emefiele met with President Buhari at the Presidential Villa in Abuja on Thursday behind closed doors.

It was gathered that the CBN Governor, who did not speak to journalists after the closed-door meeting with Buhari, briefed the President on the activities of the apex bank since the introduction of the redesigned naira notes.

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Emefiele is believed to have the President’s backing on the naira redesign and withdrawal limit policy introduced by the apex bank in December 2022.

The CBN Governor had earlier attended a meeting between the President and the visiting Director General of the Arab Bank for Economic Development, Dr Sid Ould Tah, at the State House.

Emefiele’s visit to the Presidential Villa was the first since he resumed work at the CBN after his leave on January 12, 2022.

It was speculated that the CBN Governor travelled out of the country amidst fears he would be apprehended by operatives of the Department of State Services (DSS) over several allegations against him, including terrorism financing.

However, the DSS dismissed such allegations, including online reports that its operatives on Monday invaded the headquarters of the CBN and took over the office of the governor of the apex bank.

The Star