The redesigned Naira notes would remain very scarce going by the inability of the Nigerian Security, Printing and Minting PLC to print more Naira notes.
The CBN is therefore contacting foreign contractors to print the redesigned Naira notes.
The Presidency has t given order to CBN to push in more old Naira notes into circulation .
The Pond News understands that CBN withdrew N2.1tn old notes from circulation and replaced them with N500 bn redesigned notes.
The security implication of printing the nation currency abroad is grave and underscores the dependency nature of Nigeria.
Nigeria has acquired the unique but dubious distinction of doing everything wrong.
