N5000 NOTE -JONATHAN ORDERS SANUSI TO SUSPEND PLAN.

PRESIDENT Goodluck Jonathan finally bowed to pressure as he directed the Governor, Central Bank of Nigeria, Mallam Lamido Sanusi, to suspend the planned introduction of N5,000 note. Jonathan’s disposition on issue was based on the need for more enlightenment and consultation. It is also to enable the apex bank do more in terms of enabling Nigerians understand why it proposed it in the first place. So, for now, the full implementation is on hold.