CBN Urges Nigerians to Handle Naira Notes with Care
The Central Bank of Nigeria (CBN) issued a warning to Nigerians, especially traders, regarding the careless handling of naira notes, which leads to increased costs for replacing damaged cash. This announcement was made during a roadshow and public awareness campaign at Galadima Market in Kano.
Dr. Adedeji Adetona, Director of Currency Operations and Branch Management at the CBN, represented by Ibrahim Yahya, Deputy Director of the Currency Operations Department, stated that the bank incurs significant expenses in replacing soiled notes. Adetona urged the public to treat the naira with care, as it symbolizes Nigeria’s sovereignty and national pride.
He highlighted that traders are crucial in this campaign due to their role in cash transactions, especially in Kano, a major commercial hub. The CBN plans to extend this campaign to other markets across Kano State and continue engaging traders and the public to promote responsible handling of the naira.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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