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Real reason I approved redesign of naira notes – Buhari
By on November 23rd, 2022. Movie
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Real reason I approved redesign of naira notes - Buhari

President Muhammadu Buhari on Wednesday gave reasons he approved the redesign of ₦‎200, ₦‎500 and ₦‎1000 banknotes.

Speaking at the launch of the new banknotes in Abuja, Buhari said he gave the Central Bank of Nigeria (CBN) permission to redesign the ₦‎200, ₦‎500 and ₦‎1000 banknotes because the Naira is long overdue to wear a new look.

According to Buhari, “the new Naira banknotes have been fortified with security features that make them difficult to counterfeit.

“This implies that the Naira is long overdue to wear a new look.”

Buhari added, “In line with this power, the Central Bank Governor [Godwin Emefiele] approached me earlier this year to seek my permission to embark on a currency redesign project. I considered all the facts and reasons presented before me by the Central Bank.

“There was an urgent need to take control of currency in circulation and to address the hoarding of Naira banknotes outside the banking system, the shortage of clean and fit banknotes in circulation, and the increase in counterfeiting of high-denomination Naira banknotes. It’s on this basis that I gave my approval for the redesign of the ₦‎200, ₦‎500 and ₦‎1000 banknotes.”



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Langztrend NG

David Friday best known professionally as Donsmith makanaki , is a Nigerian Blogger , promoter Performing Artist, Music Publisher & Editor. An Award Winning Blogger , Donsmith makanaki is Associated with artist like Omah lay, Rema, DJ Kaywise , Ajebo Hustlers, Drake, Justin Bieber, Burna Boy,Davido,Wizkid,Buju,kizz Daniel,Dandizzy,Kolaboy. On 19th November 2019 Donsmith makanaki Unveiled “Langztrend NC” Donsmith makanaki An Entertainment Hub in Partnership with UMG, Donsmith makanaki is an Award winning Blogger with Hit tracks on different digital stores. Parents : Mr Ofonime and Mrs. Rose sunday Orgin: Akwa ibom State, Nigeria Subtitle: Nigeria Blogger Occupation(s): Blogger,Promoter,Computer Programming ,Digital marketing, and Web Designer Record Label: Langztrend INC, Universal Music Group Career: Donsmith makanaki Started djing at the age of 19 and his constancy in the profession made him improved to advanced level, He was Managed and Trained in blogging by various top Bloggers Donsmith makanaki have platform in many gigs Show, Tour and Clubs in various states across Nigeria ,Nominated in different awards and he’s the life of the party in turning up crowds Net worth: $30,000 as for 2021 Full name: David ofonime Friday Local Govt : Etim Ekpo L.G.A Akwa ibom Date of birth: 15 December 1997 Donsmith makanaki Donsmith makanaki Donsmith makanaki dropped a hit trap song Titled ‘Bless my hustle ’ ‘ Written by Donsmith makanaki in (2020),and later dropped his latest single titled ‘Fire Fire ’ with His Co Artist Mr Reese in 15 November (2020) Songs: Bless my hustle, Fire Fire , Lagos beat Awards And Nominations: NBF, ONC and BAC AWARD for Blogger of the Year

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