President Buhari may approves continued use of
N500 and N1000 old notes.
The old N500 and 1000 notes will co-exist with the new N200 notes, the Nigerian leader may decide any moment from now to make a nationwide broadcast.
He, however, will allow the continued use of the old N500 and N1,000 notes, following the judgement of Supreme court that says the old Naira notes should be spent until 31st December, 2023.
Mr Buhari is expected to make a broadcast especially when he has accused the minister of Justice, attorney General and CBN governor for not complying with the Supreme court judgement.
It is not clear if the new directive from court will reduce the naira scarcity being experienced by Nigerians.