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Naira Redesign Affecting ‘Criminal’ Billionaires – Presidency

The Presidency on Friday revealed that the redesign of some naira notes is yielding the expected result as it has affected affecting some billionaires who may have stashed the currency in their various houses.
Recall that the Central Bank of Nigeria recently unveiled the newly-designed naira notes.
In an article on Friday, Femi Adesina, the Chief spokesman to President Muhammadu Buhari claimed the staff of an unnamed bank in Abuja, the Federal Capital Territory, rejected a deposit of N20 million from a customer after all attempts to separate the bank notes failed.
He said, “Somebody went into a banking hall in Abuja some days ago, and came back to tell of a mighty stink that had pervaded the entire atmosphere in the hall.
“Whodunnit? A mysterious depositor had brought the sum of N20 million from God knows where, but the currency had become gummed together, damp, and odoriferous.
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“The bank staff initially made a valiant effort to sort out the notes. With nose masks and hand gloves firmly in place, they began to count.
“But Lazarus had been dead for too long, and was already decomposing. No way to make the corpse walk. So, at that point, the depositor was asked to leave the bank with his cargo, which had long gone into demurrage.
“He left, with his tail between his legs, like a beaten dog. But the stink stayed behind. The banking hall had to be disinfected, and deodorized”.
Adesina lauded the decision of the Apex bank, which according to him is beginning to yield positive results.
The new Naira notes which were recently unveiled by President Buhari would be issued on December 15 as the old notes fade out in January.
