Shonubi, then Deputy Governor (Operations) before his appointment as Acting CBN Governor, said this when he gave his testimony in an ongoing trial of the ex-governor of the CBN, Godwin Emefiele.
“The currency redesign of 2022 was the only one that I was part of.
“If approved, the recommendation would go to the CBN Board and then to the president for final approval.
I was a member of CBN Board as Deputy Governor.
“A paper was presented to me and on the instruction of the Governor (Emefiele), it was stepped down...
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