{"id":18030,"date":"2023-02-16T12:45:11","date_gmt":"2023-02-16T12:45:11","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/"},"modified":"2023-02-16T12:45:11","modified_gmt":"2023-02-16T12:45:11","slug":"president-buhari-reveals-5-reasons-for-the-new-naira-policy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/","title":{"rendered":"President Buhari Reveals 5 Reasons For The New Naira Policy"},"content":{"rendered":"<p><\/p>\n<div>\n<article>\n<p>The President of the Federal Republic of Nigeria, President Muhammadu Buhari has revealed the 5 Main Reasons While the Naira was redesigned and why the new policy was instituted by the Central Bank of Nigeria.<\/p>\n<p>The President, while speaking during a nationwide broadcast, sympathized with Nigerians over the difficulties that was faced over the new naira policy. He said that earlier last year, he told the Central Bank of Nigeria to redesigned the 200, 500 and 1000 naira and the new notes will be circulated together with the old note till the 31st of January. He said that a 10 days grace was later given.<img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/ng\/wp-content\/uploads\/2023\/02\/40b0cf772d924bb4a5d42f1cb7f88c7e\"\/><\/p>\n<p>On his reason for giving such directives to the Central Bank of Nigeria, President Muhammadu Buhari said that he told them to carryout the exercise for the following reasons:<\/p>\n<p>1. For the need to restore the statutory control over money by the Central Bank of Nigeria.<\/p>\n<p>2. To Stern Inflation<\/p>\n<p>3. For Economic Growth<\/p>\n<p>4. To Curb Corruption<\/p>\n<p>5. To combat Banditry and Ransom Taking.<img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/ng\/wp-content\/uploads\/2023\/02\/54799771956f4a7587224cc7ef0ae23d\"\/><\/p>\n<p>Content created and supplied by: Nasagist (via  Opera<br \/>News )<\/p>\n<\/article>\n<p class=\"copyright hide\">\n<span class=\"content\">    ,  .   ,     .       () , , , , , , , , .      \/ ,  and\/or  .     ,  , and\/or  ,      and\/or     <\/span><br \/><span class=\"see-more\"\/>\n<\/p>\n<section class=\"tags\">\nBuhari<br \/>Central Bank of Nigeria<br \/>Muhammadu Buhari<br \/>Nigerians<br \/>Stern<br \/><\/section>\n<\/div>\n<p><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The President of the Federal Republic of Nigeria, President Muhammadu Buhari has revealed the 5 Main Reasons While the Naira was redesigned and why the new policy was instituted by the Central Bank of Nigeria. The President, while speaking during a nationwide broadcast, sympathized with Nigerians over the difficulties that was faced over the new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-18030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Buhari Reveals 5 Reasons For The New Naira Policy - Ghanamma.com<\/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.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Buhari Reveals 5 Reasons For The New Naira Policy - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The President of the Federal Republic of Nigeria, President Muhammadu Buhari has revealed the 5 Main Reasons While the Naira was redesigned and why the new policy was instituted by the Central Bank of Nigeria. The President, while speaking during a nationwide broadcast, sympathized with Nigerians over the difficulties that was faced over the new [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-16T12:45:11+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/\",\"name\":\"President Buhari Reveals 5 Reasons For The New Naira Policy - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2023-02-16T12:45:11+00:00\",\"dateModified\":\"2023-02-16T12:45:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ghanamma.com\/2023\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"President Buhari Reveals 5 Reasons For The New Naira Policy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\/\/www.ghanamma.com\/2023\"],\"url\":\"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"President Buhari Reveals 5 Reasons For The New Naira Policy - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2023\/02\/16\/president-buhari-reveals-5-reasons-for-the-new-naira-policy\/","og_locale":"en_US","og_type":"article","og_title":"President Buhari Reveals 5 Reasons For The New Naira Policy - Ghanamma.com","og_description":"The President of the Federal Republic of Nigeria, President Muhammadu Buhari has revealed the 5 Main Reasons While the Naira was redesigned and why the new policy was instituted by the Central Bank of Nigeria. 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