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The Central Bank of Nigeria (CBN) has appointed Dr Isa Abdulmumin as the Acting Director of Corporate Communications Department.
Abdulmumin takes over from Mr Osita Nwanisobi, following the latter’s retirement from the apex bank.
Until his appointment, Dr Abdulmumin was a Deputy Director in the Corporate Communications Department.
His predecessor, Nwanisobi, took over in October 2020 when Mr Isaac Okorafor, retired from service.
TheNewsGuru.com (TNG) reports that the apex bank had introduced redesigned naira notes comprising N200, N500 and N1,000.
The redesigned naira notes came into use on 15 December 2022, after they were unveiled by President Muhammadu Buhari on 23 November 2022 in Abuja.
CBN Governor, Godwin Emefiele, had appealed to Nigerians to show understanding adding that the redesigned notes would circulate and be accessible.
Emefiele made the appeal at a special media briefing on the new naira notes in Lagos.
He noted he was seeing the protests and arguments surrounding the difficulty citizens were facing in accessing the new notes.
”I understand the agitation and I’m begging in God’s name, we on our knees begging people to please show understanding. They should be calm.
”In our meetings with the banks, we have told them to set up tents and chairs, give people numbers, which I’m sure some people will say it is old-fashioned.
”But at this time that we’re trying to get the currency in circulation amongst everybody, people have to have numbers and they come in under a queueing arrangements that when you come in you get served, if it finishes, just be patient.
”By tomorrow, when you come back, they will start from where they stopped, you will not be cheated. Let’s just be calm and adopt a good queueing system, the assurance we give is that it will eventually go round.
”Eventually the limits will be raised and eventually the limits will be removed and people will be able to conduct their business transactions in a way that it has always been in the past,” Emefiele said.
On high charges by the Point of Sale (PoS) agents on every transaction made by their customers, the apex bank governor urged banks to stop the charges on PoS.
In his words: ”I am going to be calling a meeting with the banks this evening or by tomorrow, if those charges go to or those charges have been charged through the bank, we are going to have an arrangement with even telcos to see how those charges can actually at this time be stopped.
”Those charges at this time should be stopped. So, if we know whatever you are making that you’re not making because we stopped it, we can collect it somewhere and look for a way to pay you.
”But we don’t want you to continue to create pain on those who want to use alternative channels when they cannot have cash in their pocket.
”We will go into this later this night or even tomorrow, we’re going to call a meeting of both the banks and the mobile networks; at this time nobody should be charged, if you are charged, we will need to know about it.
”But we would want this service to continue to be offered. Whatever it is in terms of volume and number that you have carried out. We will look for away to pay you your money.”