New N5000 Note Already Printed Abroad??

However, the Central Bank have come out to declare that what had been printed was just the design and not the original naira note which will come into effect in March 2013. Therefore, who saw the design said it was the yet to be introduced notes, which they claimed had been printed and imported waiting for authorization of its release and distribution. Also, some CBN officials who spoke on condition of anonymity said the notes had not been printed. One of them said: “Whatever anybody saw is the design of the proposed currency not the real currency.

“Before introducing any currency, you have to print a design copy for the monetary authorities to vet and look at the features to ensure they meet security specifications and every other feature in it,” he pointed out.