CBN Headquarters
The Central Bank of Nigeria (CBN) has promised to do all within its mandate to assist the Independent National Electoral Commission (INEC) deliver free, fair, credible, and inclusive polls.
The bank said it would not allow itself to be used to scuttle the polls in any way.
According to the apex bank, it would bend backward to make available the necessary cash that INEC would need to pay for certain peculiar services.
CBN governor, Godwin Emefiele made the pledge on Tuesday in Abuja when he hosted the Chairman of INEC, Prof. Mahmood Yakubu.
Yakubu had embarked on an emergency trip to the apex bank to request concessions regarding the Naira Redesign policy with specific reference to the limitations placed on cash withdrawals.
He said some of the service providers are required to be paid in cash and that aside from that, experience has shown that emergency situations do arise on election day which could demand the use of cash by the commission.
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