{"id":252866,"date":"2023-03-03T09:55:28","date_gmt":"2023-03-03T08:55:28","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=252866"},"modified":"2023-03-03T09:55:28","modified_gmt":"2023-03-03T08:55:28","slug":"cash-scarcity-buhari-apologises-reveals-why-he-approved-cbn-policy","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/03\/03\/cash-scarcity-buhari-apologises-reveals-why-he-approved-cbn-policy\/","title":{"rendered":"Cash scarcity: Buhari apologises, reveals why he approved CBN policy"},"content":{"rendered":"

President Muhammadu Buhari has apologized to Nigerians over the naira redesign policy.<\/p>\n

According to him, it wasn\u2019t introduced to cause hardship, but to boost the economy.<\/p>\n

In October 2022, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, announced the plan to redesign the N200, N500, and N1,000 notes.<\/p>\n

The apex bank<\/a> also said February 10 would be the deadline for the use of old naira notes and that resulted in a scarcity of the currency.<\/p>\n

In a video clip uploaded on Twitter by the governorship candidate of the All Progressives Congress (APC) in Kaduna state, Uba Sani, on Thursday, Buhari said: \u201cI apologise to you for the hardship caused by the change of the naira.<\/p>\n

\u201cIt was done to boost the economy of the country, not to cause hardship to anybody.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

President Muhammadu Buhari has apologized to Nigerians over the naira redesign policy. According to him, it wasn\u2019t introduced to cause hardship, but to boost the economy. In October 2022, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, announced the plan to redesign the N200, N500, and N1,000 notes. The apex bank also […]<\/p>\n","protected":false},"author":13,"featured_media":215284,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[115,658,53234,49215],"class_list":["post-252866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-buhari","tag-cbn","tag-cbn-policy","tag-naira-redesign"],"yoast_head":"\nCash scarcity: Buhari apologises, reveals why he approved CBN policy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2023\/03\/03\/cash-scarcity-buhari-apologises-reveals-why-he-approved-cbn-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cash scarcity: Buhari apologises, reveals why he approved CBN policy\" \/>\n<meta property=\"og:description\" content=\"President Muhammadu Buhari has apologized to Nigerians over the naira redesign policy. 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