Nigerian politicians blast central bank currency reform plan

Catherine Snowdon
Daniel Hinge
30 Aug 2012

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Nigerian Senate Committee on Banking, Currency and Other Financial Institutions on August 29 reacted angrily to the announcement of a proposed 5,000 naira banknote by the Central Bank of Nigeria (CBN).

On August 24, the governor of the central bank, Sanusi Lamido Sanusi, announced an extensive restructuring process of the Nigerian currency. He said reviews had highlighted a number of issues, including inflationary pressures reducing the usefulness of coins, poor quality banknotes and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]