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Buhari Approves Circulation Of Old N200 Till April 10

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President Muhammadu Buhari has ordered the Central Bank Governor, CBN, Godwin Emefiele to allow the old N200 (two hundred naira note) to circulate till April 10, 2023 when it will cease to be legal tender.

Buhari made the directive on Thursday during his live nation broadcast .

He stated that old 200 naira note should circulate with the new 500 and 1000 notes.

He equally directed CBN to provide a means of allowing Nigerian citizens to withdraw their money. Buhari also told CBN to collaborate with security agents and anti-corruption agents to ensure that no one sabotages the efforts of the Federal government.

“To further ease the supply pressure, particularly on our citizens, I have given approval to the CBN that the old N200 bank notes be released back into circulation and it should also be allowed to circulate as legal tender with the new N200, N500 and N1,000 bank notes for 60 days from February 10, 2023 to April 10, 2023 when the old N200 note ceases to be legal tender,” he said.

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