i work in a bet9ja company and i can't remember when last i was given 100 naira note that is not torn

Even in owanbe parties, no #100 new notes again.

The issue lies with the federal government, they are incharge of printing and minting of notes but subject to CBN instructions

kimjongJezebel:
When I was younger and in the village, there was a First Bank branch close to our house, periodically, I will noticed some people are employed to sort out mutilated bank notes from good ones. The mutilated ones are then sent to the CBN who will then give the bank new notes. Why are banks not doing it again and why is CBN not dealing with any useless bank that refuses to do this?

They are not doing it again because CBN now charge them high for mutilated notes. CBN cannot deal with them because they are the cause.

Don't blame the banks when they reject mutilated notes, blame CBN.

the matter tire me

Thought I was the only one receiving it

cremedelacreme:
This new centenary 100 naira note is rubbish. It gets mutilated and torn easily. The old one was far better. CBN should mop up the useless centenary note and reintroduce the old one.

RUBBISH SEE THEM . THATS THE SAME WAY NIGERIAN'S WILL REJECT BUHARI NEXT YEAR. THOUGHT YOU SAID THE CENTENARY ONES GETS TORN EASILY HOW COME ITS ACTUALLY THE TORN ARABIC ONES THAT ARE IN CIRCULATION LIKE YOUR LYING PROPHET YOU GUYS LIE MORE THAN SATAN

yesterday i was delayed for over 15minutes because of #100

Lomprico2:
A taxi driver told me its deliberate by buhari n CBN. They seize any of the new GEJ printed 100 naira notes that enters cbn hands. They want the new note GEJ printed to fizzle out so that they can print a new set that will carry that arabic inscription. You know that that new 100 naira note is the only currency without that inscription.

This is exactly my theory and it's not far from the truth bro. You just aired my view 100 %

hmmm

The issue tired me a lot

i just dont know that im not the only one observing this , i barely fight my brother over the issue of this #100 something has to be done

There's a particular year some CBN officials were indicted for reintroducing mutilated currency (meant for destruction) into circulation and nothing came out of that trial

That seems to be exactly what is happening.this obviously are money meant for destruction but somebody had managed to bring them back for use and Buhari's government is doing nothing

Hmmm....it must be that the notes were printed on a poorer quality paper. "Money paper" is supposed to be a special paper made for that purpose only.... a very tough paper that can withstand much handling, dirt, grease, sweat, rain, be washed in washing machine,etc....it shouldn't become raggedy so easily...the paper is not up to standard.
@Banks.... banks are supposed to take bad notes out of circulation. If they are not doing so..... then they may be passing on counterfeit notes as well....or even putting counterfeit notes into circulation.

KanuJEWSarePIGS:


Akiikah!

Lies!

An Imaginary taxi driver.


Most taxi drivers are way sensible to have dished out such a petty lie.

Anyway, IPOB ANIMALS have always appeared elementary in thoughts.

You think all taxi drivers are as illiterate and dumb as you are?

If the CBN does not add value to ournaira notes by mopping the worn out notes from circulation how can our naira have value compared to the dollar on an international level.
Charity begins t home.
Please CBN give our naira more value by doing the needful

It's everywhere. Just tired

I discovered I haven't see the 100note in a long time and the ones I came across are so bad.

ipobarecriminals:
nah like dis d bank issue u d money?Nah bank dey squeeze. am for checking point, fold am inside bra.,trampled on it during owambe,fold it in danfo,scribe Ko ni da fun kasali,Of cus nah bank dey use scissors cut am,use diff tape am..We Niagrans are lawless

If you are not a trader and you get your change from banks you will won't believe banks give out this money.

Let's start a campaign toyoupic #reprintourN100 on twitter

tivta:


the bank wont accept it

dey'll accept it and pass am to the next "beneficiaries" no time.

This isn't fair. CBN should regulate currency circulation.

Its a deliberate scam that has been going on in Nigeria and making some extremely rich. The banks and CBN knows whats up.

Lomprico2:


You think all taxi drivers are as illiterate and dumb as you are?

Hello!

Kindly walk down the street and turn left, the lagoon there is for a purpose. Go do the needful.

I am not a party to those who helped you bagged such an unbelievable level of illiteracy.

This is just too much for one man to live with.


Now, take a chill pill and go over the very same post you quoted.

Sense fall on you!

KanuJEWSarePIGS:


Hello!

Kindly walk down the street and turn left, the lagoon there is for a purpose. Go do the needful.

I am not a party to those who helped you bagged such an unbelievable level of illiteracy.

This is just too much for one man to live with.


Now, take a chill pill and go over the very same post you quoted.

Sense fall on you!

See painment!

Lomprico2:
A taxi driver told me its deliberate by buhari n CBN. They seize any of the new GEJ printed 100 naira notes that enters cbn hands. They want the new note GEJ printed to fizzle out so that they can print a new set that will carry that arabic inscription. You know that that new 100 naira note is the only currency without that inscription.

Please stop spreading such tales told in taxis and beer parlour!

The truth is banks have not been sorting and taking old notes to CBN. It cost money to sort money. Also, CBN charges banks highly when there is shortage in the amount they take to CBN. So it is not worthwhile to the banks. Simple

It's an old scam.

Someone was told to burn the mutilated 100naira notes and print new ones but the person chose to recirculate the mutilated notes and pocket all the "extra gain".

https://efccnigeria.org/efcc/news/1363-efcc-to-arraign-six-cbn-big-wigs-16-others-for-n8billion-currency-fraud-june-2

.it's a popular CBN scam. Someone is raking in billions of naira from this.

https://www.google.com.ng/amp/punchng.com/n8bn-cbn-scam-court-rejects-bail-application-as-efcc-presents-witnesses/amp/

We are Nigerians, we forget too easily, that's why our politicians LOVE us.!