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Sanusi lied to Nigerians on proposed N5000 note – Fmr. CBN Director

Abiodun Sopitan, a financial consultant and former deputy director at the Central Bank of Nigeria (CBN) on Monday said the Sanusi Lamido lied to Nigerians … Continue reading Sanusi lied to Nigerians on proposed N5000 note – Fmr. CBN Director


Abiodun Sopitan, a financial consultant and former deputy director at the Central Bank of Nigeria (CBN) on Monday said the Sanusi Lamido lied to Nigerians on the issue of the new N5000 note as Nigerians were made to believe that consultations were on over the creation but the CBN took a U-turn by announcing a sensitization tour.

The former CBN deputy director said although the law permits the CBN governor to make new notes in different denominations, that the National assembly can only give advice.