Lawmakers condemn bad Naira notes in circulation, urge CBN to act
The House of Representatives has urged the Central Bank of Nigeria to replace bad notes in circulation – particularly the N100 note – with new ones.
A lawmaker, Adekoya Abdel-Majid, from Ogun state, said during Wednesday’s plenary that naira notes now appear “with odours that can be dangerous to human health.”
He said the naira notes in circulation, especially N100, are “badly torn, terribly squeezed, soiled, cello taped, dirty and mutilated.
“Considering that bacteria naturally breed and live in dirty environments and objects, dirty naira notes could pose serious health risks as they have been found to contain pathogenic parasites and bacteria,” he added.
“These notes could be sources of infection as well as potential carriers of communicable diseases.
“When they (the naira notes) stay longer in circulation, they gather dirt from one hand to the other.”
The lawmakers resolved that its committees on legislative compliance as well as banking and currency should ensure strict compliance of the directives.
