In 1973, coins were introduced in denominations of ½, 1, 5, 10 and 25 kobo, with the ½ and 1 kobo in bronze and the higher denomnations in cupro-nickel. The ½ kobo coins were only minted that year. In 1991, smaller 1, 10 and 25 kobo coins were issued in copper-plated-steel, along with nickel-plated-steel 50 kobo and 1 naira. On 28 February 2007, new coins were issued in denominations of 50 kobo, 1 and 2 naira, with the 1 and 2 naira bimetallic.

It saddens my heart when I see most countries in the world still make uses of their coins. My question today is why do we stop using coins in Nigeria?

I missed
½ kobo
1 kobo
5 kobo
10 kobo
25 kobo
50 kobo
1 naira
2 naira

A lot of countries still make uses of their coins.

Since it has no values again, my brothers used to melt them for other purposes like ear rings and neckless

I beg help ask our Government o... Awa Ijo ba Ole..

Those were the good old days when things were way cheaper and better than it is now. Take me back to those days and we can talk about coins

They didn't completely stop. When I went to Abuja last time I was able to get 1 naira coin. The are essentially pointless because the metal is worth more than coin denomination.

What can it purchase?

Cos we Nigerians love forming posh. Useless country.

RB007:
What can it purchase?

in banks or patrol stations you still hear "kobo or naira" in most countries you can buy things with coins and still have balance.

You got it right! We Nigerians claim too smart in everything.

alegbeleye:
Cos we Nigerians love forming posh. Useless country.

paschal47:
(1)because it gets lost easily
(2)because it's too heavy, imagine carry one thousand coins in your pocket
(3)because it cannot be sprayed in a wedding ceremony imagine your EX coming to spray you coins, you go carry koko go your house that day

Seriously?

This is the smartest thing you can come up with?

RB007:
What can it purchase?

Maybe we can't use it to buy sweet anymore but atleast when I buy an item at shoprite for 997 naira, they should give me my coins change.

A litre of fuel was N86.50, but does the kobo count? No
Because the Government doesn't make it count, because the people who also make up the government think they're too posh for coins or its insignificant.

Joavid:


Seriously?

This is the smartest thing you can come up with?

Are you for real? You need to loosen a bit.



Didn't you get the joke?

Coins was stopped because our ignoramus leaders believe it's more expensive to produce, to heavy too loot and low value forgetting that even if it is expensive to produce it last longer in circulation and saves the country cost of having to reproduce compared to the Note version!!!!

No value, expensive to produce, inflation....

You can get coins at some shopping malls up north. Someone told me he was given coins at Ado Bayero Mall as recent as early 2016.

paschal47:
Are you for real? You need to loosen a bit.


Didn't you get the joke?

jokes is for evening.
The afternoon is hot.

Joavid:


jokes is for evening.

The afternoon is hot.

More reason you need it, to cool off a bit

Inflation, Cost of production AND INTERNAL SABOTAGE!!


Goldsmiths just dey melt am take do necklace etc.


THERE WAS A COUNTRY