The apex bank said this in a statement signed by Mr Osita
Nwanisobi, Director, Corporate Communications, CBN, on Saturday.
“The attention of the Central Bank of Nigeria has been drawn
to a misleading report misquoting the Governor, Mr Godwin Emefiele, as
attributing the current challenge in the distribution of the newly redesigned
Naira banknotes to a shortage of printing materials at the Nigerian Security
Printing and Minting Company Plc.
“We wish to state categorically that at no time did the CBN
Governor disclose this during his presentation to the National Council of State
at its meeting on Friday, February 10, 2023.
“For the records, what Mr Emefiele told the meeting was that
the NSPMC was working on printing all denominations of the Naira to meet the
transaction needs of Nigerians.
“While the CBN appreciates the concerns shown by all
stakeholders about the distribution of the Naira, we are alarmed at the extent
to which vested interests are attempting to manipulate facts and pitch the
public against the Bank,” he said.
He said that the CBN remained committed to performing its
monetary policy functions, as stipulated in the CBN Act, 2007, as amended.
He restated that the NSPMC had the capacity and enough
materials to produce the required indent of the Naira.
He appealed to Nigerians to disregard the said report and
exercise more restraint, adding that the bank was working assiduously to
increase the circulation of the new notes in the country.
He also refuted alleged voice notes trending on social media
that the CBN planned to shut down some banks, particularly in a particular
geo-political region of the country.
“We wish to state unequivocally that there is no such plan
and that the claims are illogical and do not comply with the workings of the
Nigerian banking system.
“The public is therefore advised to ignore such recordings
as they do not represent the policy thrust of the CBN and are only the
desperate attempts of persons bent on inciting the public against the bank,”
Nwanisobi said. -NAN
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