*CBN gov meets bank executives, direct them to make N200 notes available*Pleads with Nigerians ta allow naira redesign policy workBy Johnbosco Agbakwuru, AbujaPresident Muhammadu Buhari has directed the Central Bank of Nigeria, CBN, to intensify collaboration with anti-corruption agencies to check the activities of those bent on frustrating the smooth implementation of the currency re-design policy.He actually asked the apex bank to ensure the arrest and prosecution of those out to sabotage the naira redesign policy.
The President, who gave the order while addressing the nation on the CBN currency swap policy in Abuja yesterday, gave the address on a day Majority Leader of the House of Representatives, Ado Doguwa, told him the naira redesign policy is hurting the ruling All Progressives Congress, APC, and making the party unpopular.This is even as the governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, yesterday appealed to Nigerians to allow the naira redesign policy of the government to work.In the nationwide address, President Buhari called on the CBN to ensure that any institution or person(s) found to have impeded or sabotaged the implementation was made to bear the full weight of the law.
The president said: “I am not unaware of the obstacles placed on the path of innocent Nigerians by unscrupulous officials in the banking industry, entrusted with the process of implementation of the new monetary policy.“I am deeply pained and sincerely sympathise with you all, over these unintended outcomes.