I would print N10, 000 notes if I was the CBN governor -- Peterside Atedo
September 5, 2012
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0:20Now PlayingI would print N10, 000 notes if I was the CBN governor -- Peterside Atedo
YouTube Description
as posted by the channelThe Chairman of Stanbic IBTC Bank and a member of the Economic Management Team, Peterside Atedo on Tuesday said that he supports the move by the Central Bank of Nigeria (CBN) to introduce the N5000 note in the country.
Speaking to journalists after this week's Economic Management Team's meeting presided over by President Goodluck Jonathan in Abuja, Mr Peterside said "Last year Nigeria spend N47 billion printing these small notes."
The renowned banker said if the country was printing bigger notes "you will print a fewer number of the notes and you will make a phenomenal saving.
"If I was the one in charge, I will print N10, 000 notes," he declared.
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