President Goodluck Jonathan on Thursday finally bowed
to pressure as he directed the Governor, Central Bank of Nigeria,
Mallam Lamido Sanusi, to suspend the planned introduction of N5,000
note.
The Special
Adviser to the President on Media, Dr.
Reuben Abati, disclosed the development to State House correspondents in
Abuja.
Abati told journalists that Jonathan’s latest
disposition to the issue was based on the need for more “enlightenment
and consultation”.
He said, “The introduction of the new note is being
suspended for now to enable the CBN do more enlightenment on the
issue.Yes, President Jonathan has directed that the implementation of
the new N5,000 note be suspended for now.
“This is to enable the apex bank to do more in terms
of enabling Nigerians understand why it proposed it in the first place.
So, for now, the full implementation is on hold.”
Culled-Punch
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