Buhari backs CBN governor on naira redesign, meets service chiefs today to review security

President Muhammadu Buhari, yesterday, said the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high value naira notes had his support and is convinced that the nation will gain a lot by doing so.
 
Speaking in a Hausa radio interview with the famous journalist Halilu Ahmed Getso, and Kamaluddeen Sani Shawai to be aired Wednesday Morning by Tambari TV on Nilesat, President Buhari said reasons given to him by the CBN governor, Godwin Emefiele, convinced him that the economy stood to benefit from reduction in inflation, currency counterfeiting and the excess cash in circulation.
 

MEANWHILE, President Buhari will today (Monday) meet with security chiefs in the nation’s capital, Abuja, to further review and strengthen security network in the country.

The President, who was initially scheduled to commission the National Agency for Science and Engineering Infrastructure (NASENI) new Technology and Innovation Complex, is expected to receive briefs from the security chiefs and interject on other areas that need urgent attention.

A statement by Shehu, on Sunday, explained that the commissioning of the NASENI complex will hold on a later date.