CBN is poised to stop
the printing of small denomination naira in polymer notes because they fade
quickly. Its Deputy Governor, Tunde Lemo , disclosed this in an interview with
the News Agency of Nigeria (NAN) on Sunday in Washington on the sideline of the
ongoing Spring Meeting of the World Bank and the IMF. “By the middle of the
year, we will start to produce the second generation of lower denomination
notes, now in paper not in polymer.” he said. “My plea is that Nigerians should
exercise patience with us; it wasn’t the fault of the CBN, it was just because
we had to go back to the drawing board to rethink…
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