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Home NEWS Naira notes: Bayelsa govt calls for calm, tasks CBN on better implementation

Naira notes: Bayelsa govt calls for calm, tasks CBN on better implementation

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The Bayelsa government also called on the CBN to make the implementation of the policy less cumbersome.

By Jeffrey Agbo

Bayelsa State Government has urged residents to be calm and not engage in acts that can jeopardise the peace of the state over the CBN’s naira redesign policy and the Supreme Court ruling on the old N200, N500 and N1000 currency notes.

Commissioner for Information, Orientation and Strategy, Ayibaina Duba, made this known in a statement on Saturday.

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The government said it understands the pains of residents of the state, adding that although it is not against the naira redesign policy of the CBN, it is uncomfortable with the method of its implementation that has resulted in further hardship on people of the state and country.

Most banks
Old and new naira notes

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The government, therefore, urged business operators in the state, particularly banks, traders and keke (tricycle) to take into consideration the Supreme Court ruling in order to reduce the pains of people of the state.

The Bayelsa government also called on the CBN to take immediate steps to ease the burden of doing business in the state by making implementation of the policy less cumbersome.

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