{"id":21155,"date":"2020-02-10T15:16:16","date_gmt":"2020-02-10T15:16:16","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=21155"},"modified":"2020-02-10T15:16:16","modified_gmt":"2020-02-10T15:16:16","slug":"cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly","title":{"rendered":"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly"},"content":{"rendered":"<p>The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through open air burning at its 12 disposal centres across the country.<\/p>\n<p>Meanwhile, the apex bank has commenced the process of collaboration with private firms to recycle bad naira notes instead of open air burning which is detrimental to the environment and against the industry\u2019s Sustainable Banking Principles.<\/p>\n<p>The CBN disclosed this in a notice titled, \u201cRequest for Proposal for the Recycling of Paper Banknote Wastes\u201d.<\/p>\n<p>The CBN stated that: \u201cThe destruction of unfit banknotes in Nigeria is carried out by the Central Bank of Nigeria (CBN) under strict security and environmentally sustainable manner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through open air burning at its 12 disposal centres across the country. Meanwhile, the apex bank has commenced the process of collaboration with private firms to recycle bad naira notes instead of open [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":3212,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[503],"class_list":["post-21155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-cbn"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly - Nigeria<\/title>\n<meta name=\"description\" content=\"The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-10T15:16:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1062\" \/>\n\t<meta property=\"og:image:height\" content=\"598\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly\",\"datePublished\":\"2020-02-10T15:16:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\"},\"wordCount\":127,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg\",\"keywords\":[\"CBN\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\",\"name\":\"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg\",\"datePublished\":\"2020-02-10T15:16:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"description\":\"The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg\",\"width\":1062,\"height\":598},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\",\"name\":\"alico\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/alico\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly - Nigeria","description":"The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly","og_locale":"en_US","og_type":"article","og_title":"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly","og_description":"The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through","og_url":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly","og_site_name":"Nigeria","article_published_time":"2020-02-10T15:16:16+00:00","og_image":[{"width":1062,"height":598,"url":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg","type":"image\/jpeg"}],"author":"alico","twitter_card":"summary_large_image","twitter_misc":{"Written by":"alico","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly"},"author":{"name":"alico","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7"},"headline":"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly","datePublished":"2020-02-10T15:16:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly"},"wordCount":127,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg","keywords":["CBN"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly","url":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly","name":"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg","datePublished":"2020-02-10T15:16:16+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7"},"description":"The Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and destroyed weekly through","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#primaryimage","url":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg","contentUrl":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/CBN-1062x598.jpg","width":1062,"height":598},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/cbn-seeks-recycling-proposal-on-100-tonnes-of-mutilated-naira-notes-destroyed-weekly#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"CBN seeks recycling proposal on 100 tonnes of mutilated naira notes destroyed weekly"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7","name":"alico","url":"https:\/\/www.africa-press.net\/nigeria\/author\/alico"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/21155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=21155"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/21155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/3212"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=21155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=21155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=21155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}