Council of State throws weight behind CBN cashless policy


The National Council of States has thrown its weight behind the naira redesign policy of the federal government.

Abubakar Malami, Nigeria’s attorney-general, said this while addressing journalists at the end of the council’s meeting at the State House, Abuja.

Malami said the council supported the policy but charged the central bank to do more to make the new naira notes available across the country.

“Relating to the Naira redesign policy, the policy stands but then the council agreed that there is need for aggressive action on the part of the CBN as it relates to the implementation of the policy by way of ensuring adequate provision being made with particular regard to the supply of the Naira in the system,” he said.