Just In: N5,000 Officially Green-Lit

Exclusive reports reaching us say President Goodluck Jonathan has officially green-lit a plan to introduce N5,000 currency note in Nigeria.

A trustworthy source from Mr. Jonathan’s administration disclosed the policy reversal in a telephone conversation.

It would be recalled that President's earlier approval of the plan to introduce the N5,000, suggested by Governor Lamido Sanusi of the Central Bank of Nigeria, had triggered criticism, condemnation and even some street protests. However, the policy was merely being suspended, not abandoned.

In a recent development, the decision has been made to commemorate the Super Eagle’s victory at AFCON 2013 on the national level. According to an anonymous source from the Currency & Branch Operations Department of the CBN, designers are working on the new “appearance” of the N5,000 – Jonathan’s portrait and that of Victor Moses will be placed on the banknote as a reminder of this historical event.

See the design of the banknote below.

According to a source aide, in a meeting hastily requested by President, he has finally succeeded convincing both Senate President and House Speaker to persuade members to introduce the new note.

According to an anonymous source in President’s administration, the banknotes may be made available “within a couple of months”.

While you are trying to digest this information, #VPTV wishes you happy April Fool’s Day! Don’t believe everything you see and hear today.