COVID-19: Group appeals to CBN to withdraw old naira notes from circulation

One group, the Association of Progressive Nigerians, called on the Central Bank on Saturday to remove old, tattered naira banknotes from circulation as the country struggles against Pandid-19 pandemic.

The group made the appeal in a statement signed jointly by the president, Alhaji Mohammed Bello, and the secretary, Oluwole Aina, in Lagos.


According to the group, the appeal became necessary, as the continuous recirculation of old and tattered naira notes, which had passed through several hands, could lead to a greater spread of the pandemic.

“Through this, we call on the CBN governor, Mr. Godwin Emefiele, to remove these old and tattered naira banknotes from circulation, as the continuous recycling of these banknotes can endanger public health and lead to the spread of the dreaded Corona virus.

“We note with sadness that what most banks are doing is pushing these dirty naira notes into endless recycling of what should have been removed and replaced with newly created notes.


Read too: COVID-19: No corpse can enter Ekiti without undergoing a test – Government

“It is more worrying that when you withdraw from ATMs across the country, what you have in hand are dirty, mutilated and tattered naira banknotes, which must be rejected by all Nigerians, so that they do not expose themselves health risk, ”the group said.


The group also said that such dirty notes, once received by banks, are immediately sent to the mint for replacement in advanced countries.

“We call on the CBN Governor ensure that the best international practices are observed when handling old naira banknotes.

"Our naira banknotes must be seen as a national symbol and we must not diminish our country in the community of nations," added the group.

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