The Central Bank of Nigeria (CBN) on Monday reiterated its decision to change some naira notes from polymer to paper.
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Mr Ugochukwu Okoroafor, Head of Corporate Communications Department of CBN, however, in Lagos said that the change would be gradual.
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The Deputy Governor of CBN, Mr Tunde Lemo, on April 2013, in Washington, said there were plans to withdraw the polymer notes.
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Okoroafor said that there was no fixed date for the change, but the apex bank would complete the phase-out before December 2013.
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"We will print all the paper notes here in Nigeria as usual, but it is only when we have cash in hand that we will print the naira notes abroad.
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"It depends on the volume the CBN intends to produce. Our hope is to print everything here in Nigeria, " he said.