Naira Scarcity: Falana-Led Coalition Asks Central Bank Of Nigeria To Disclose Details Of New Notes Disbursed To Banks
A group led by foremost human rights lawyer, Femi Falana, SAN, the Alliance on Surviving COVID-19 and Beyond has asked the Central Bank of Nigeria (CBN) to disclose the amount of redesigned naira notes it printed and supplied to commercial banks. The group also demanded that the CBN provide the list of customers who have withdrawn more than the N100,000 maximum sum required by the apex bank. The apex bank had maintained that it printed enough new N200, N500, and N1,000 notes to go around, with claims that politicians are hoarding the new notes.