Auditor-General Accuses CBN of Recycling N29.7bn Dirty Banknotes

Category: Economy |

Nigeria TV Info 

Auditor-General Accuses CBN of Recycling N29.7bn Dirty Banknotes

The Auditor-General of the Federation has indicted the Central Bank of Nigeria (CBN) for allegedly recycling N29.7 billion worth of filthy and mutilated banknotes back into circulation. The report highlights lapses in the bank’s cash handling and quality control processes, raising concerns about public health and financial integrity. The AGF urged immediate corrective measures and stricter monitoring to prevent recurrence, emphasizing accountability in the nation’s monetary system.


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