Abuja: The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes with the right mix. The CBN also encouraged citizens to be ambassadors of clean Naira notes.
According to News Agency of Nigeria, Mrs Hakama Ali, Acting Director, Corporate Communications Department of the CBN, made the pledge at the CBN Special Day during the ongoing 20th Abuja International Trade Fair (AITF) in Abuja. The fair, themed 'Sustainable: Consumption, Incentives and Taxation', began on Sept. 25 and will conclude on Oct. 6.
Ali emphasized the importance of respecting and keeping the Naira clean, urging citizens not to spray, hawk, mutilate, or counterfeit the currency. She highlighted the necessity of collective effort to overcome challenges and guide Nigeria's economy toward growth.
The CBN management is dedicated to addressing challenges faced by Nigerians to boost productivity and strengthen the local economy. Ali mentioned that achieving economic sustainability relies on strong financial systems, a stable foreign exchange market, and collaboration between monetary and fiscal authorities. Recent efforts have led to an increase in external reserves, reaching $43.05 billion on Sept. 11, 2025.
Ali discussed the CBN's ongoing efforts to address macro-economic challenges to ensure the banking system remains robust and resilient. She noted that 14 banks have met their recapitalisation requirements, while the remaining banks are under close monitoring.
The theme of the trade fair aligns with the CBN's goal to improve investor confidence, evidenced by a significant increase in foreign investments. The CBN's Payme Systems Vision 2028 aims to future-proof Nigeria's payments ecosystem, broaden financial inclusion, and enhance transaction security.
Mr Agaidu Jideani, Director-General of the Abuja Chamber of Commerce and Industry, praised the CBN as a vital enabler of growth for the business community. He highlighted the CBN's role in providing credit facilities, managing forex, and implementing financial inclusion strategies, which have opened opportunities for MSMEs and contributed to business sustainability.
Jideani appreciated the CBN's commitment to youth empowerment and sectoral interventions in agriculture, housing, healthcare, and education.