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Naira Crisis: CBN debunks press release shared by Aisha Buhari

Adesola Sulaimon
The Central Bank of Nigeria, on Tuesday, denied a press release shared by the First Lady, Mrs. Aisha Buhari, stating that it extended the use of old naira notes till May 1st, 2023.

Debunking the press release in a statement, the CBN described the news as fake while denying its authenticity.

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The statement reads : “For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.

“Members of the public should therefore disregard any message and/or information not formally released by the Central Bank of Nigeria on this subject. Media practitioners are advised to PLEASE verify any information from the correct sources before publication.”

The fake press release had been pulled down from Mrs Buhari’s verified Instagram page as of the time of filling this report.

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