The Central Bank of Nigeria says it can’t put a figure to the quantities of new notes the CBN printed and released for circulation.
Deputy Governor of the apex bank in charge of Financial Stability, Aisha Ahmad, said this on Thursday when she appeared before the House of Representatives.
She made the statement while responding to questions by lawmakers on the apex bank’s cashless policy and cash withdrawal limits.
The lawmakers had on Wednesday resolved that a deputy governor of the CBN should appear to brief the House today (Thursday) in the absence of the CBN Governor, Godwin Emefiele, who is outside the country to attend to health issues.
A lawmaker, Sada Soli, in the course of the grilling of the CBN deputy governor, raised concerns over the non-availability of the new notes, days after they were released to the public and asked her to disclose the quantities of new notes printed.
But responding to the question, the CBN deputy governor said she does not know the quantities of notes printed by the apex bank.