CBN to retain Arabic signs in redesigned naira notes — Sanusi

News Express |1st Nov 2022 | 867
CBN to retain Arabic signs in redesigned naira notes — Sanusi

Sanusi, the Emir of Kano Photo



Former governor of the Central Bank of Nigeria (CBN) Muhammadu Sanusi II said he has been informed that the redesigned naira notes will retain the Arabic sign on the current notes.

Sanusi, a former Emir of Kano, said CBN governor Godwin Emefiele told him that the Arabic sign will be part of the redesigned naira note.

The former Emir and CBN governor told Islamic scholars on Monday that rumours of removing the Arabic sign were mere speculation.

The Arabic inscription on the naira notes is called Ajami, an Arabic-derived African writing system.

“I heard various scholars commenting, with some implying that the Ajami on the naira notes would be removed,” Sanusi said. “I want to use this medium to authoritatively confirm to the Muslim ummah that there are no such plans.

“Since the issue came up, we have spoken to some people in the Central Bank, and they confirmed to me that such a plan is non-existent.”

The CBN last week announced plans to redesign the 200, 500, and 1,000 naira notes with effect from Thursday, December 15, 2022.

Emefiele added that the redesigning of Naira notes would help to curb counterfeit notes, as well as hamper ramson payment to terrorists and kidnappers.

After the CBN’s announcement, the Arabic inscription became a subject of debate among some Nigerians – with some calling for the removal while others want it retained.

Sanusi, who served as CBN governor between 2009 and 2014, urged the Islamic leaders to verify and seek clarification on issues they are not clear about.

He disclosed that he had a conversation with CBN governor Emefiele to get clarity on matters surrounding the redesigning of the naira notes.

“When the misconception became widespread, I spoke to the CBN governor himself, and he also confirmed to me that there is no plan whatsoever to remove the Ajami. So, I want to appeal to Islamic scholars to please stop acting on unsubstantiated reports.” (The Guardian)

Comments

Post Comment

Sunday, September 21, 2025 4:00 PM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025