Aufbauh:
Now I believed that Buhari was tricked by the disgruntled cabal in the villa through Emiefele.

The lesson learned from the Emiefele's appointment is that never entrust a sensitive responsibility to someone you barely know regardless of his resume.

richie240:

This has got absolutely noffin to do with 'incompetency' brah, it all about economic and political sabotage. When u mop up 3 trillion 'old' naira notes and replace it with 500 billion 'new' notes - thats even if they printed up to dt amount in d 1st place sef- what were they was he expecting? How will d notes shortfall be balanced? Even for UK sef, it took them 2 solid years to effect d change in their currency, how much more Nigeria.

Emefiele with his decades experience and armed with the templates of how it is done in other climes can't feign ignorance of d aftereffects of this thing he has done.

Let's look at the bigger biggest picture: who stands to gain and who stands to lose most in this impasse? If this man were to be a true APC member at heart and in an apc cabinet (and not an enemy within of which he is), will he put in place such foolish and counterproductive policy when d election is around s corner?

Military and political office holders get publicly executed in China for far less crime than what this imbecilcc saboteur did.
He's lucky Nigeria is not china.

May we not make our enemy our policy maker!

seunmsg:
Exactly why Emefiele and his management team should be fired. The level of incompetency they’ve displayed in implementing the policy is unbelievable. Admitting publicly that they didn’t envisage the challenges is the height of nonsense and irresponsibility.
The policy has not just failed woefully, it has brought an absolutely unnecessary hardship on Nigerians. The politics of the policy makes no sense to any sane person again. Instead of admitting to failure, they should immediately cancel the deadline and circulate the old and new notes together till June ending. The old notes should be gradually withdrawn as more new notes are minted and released into circulation. Again, the 20k daily withdrawal limit is killing the economy. It should be immediately increased to 100k.

funshint:
Hear nonsense....a good leader will see a problem even before they occur

TheRealestGuy:


Was Emefiele also CBN governor when the clueless and sense.less Buhari junta changed the naira color in 1984?

If you don't know that this is purely Buhari's making then you're most likely a Buharist who worships a man that has put Nigerians through the worst kind of hell in 2 stints as GCFR.

Your last line betrays the bile and ignorance in you anyway. We know your type

Seek knowledge you refused, now see you displaying a sick kind of hate on the Internet, asking for the head of a man who's merely taking directions from his boss.

You should be ashamed of yourself!

funshint:
Hear nonsense....a good leader will see a problem even before they occur

Brendaniel:
The people who created artificial poverty are fighting back because they want to buy votes from people they caused poverty for.

But their plans will not work

post=120774698:
Na now una eyes clear.

Shame to all animals causing pains to Nigerians because of politics.

Racoon:
Tinubu only sees greed, his egocentric and selfish desires. How he can extend his agbero empire to eat the left over carcass of this bleeding nation

Brendaniel:
The people who created artificial poverty are fighting back because they want to buy votes from people they caused poverty for.

But their plans will not work

OROSUNBOLB:
Nigeria keeps putting all sorts of square pegs in round holes ! Haba,CBN or whatever nonsense you're called,you plan to withdraw 3 trillion Naira cash ( N3 Trillion) from circulation and replace it with N.1Trillion cash ( N500 Billion),yet you did not anticipate challenges in a scenario like that ? That is a scarcity right there and you guys know it ! The truth is that the commercial banks will never get enough cash to go round in the system; that is the essence of cashless policy ! Those who are attacking the commercial banks are not well informed. Commercial banks are not getting,and won't get anyway,adequate cash supply from the CBN !

Yeye dey smell,cashless policy with no infrastructure to drive it;una never see anything !

evictor305:
It would have worked if only they didn't bring in that Nigerian factor of extending deadlines in the first place. It's a shame

Pharaoh4rin:


Why do you bring tinubu into this now? What's ur problem? Do you think tinubu is the only one to buy vote? Be careful walahi

evictor305:
It would have worked if only they didn't bring in that Nigerian factor of extending deadlines in the first place. It's a shame

Parachoko:
I can't believe Emefiele and the CBN have been planning this policy since 2020

So why have the CBN been printing a lot of ₦200, ₦500 and ₦1000 notes since 2021 when they know the notes will be phase out on January 31st 2023?

Why have the CBN not been printing a lot of the lower denomination like ₦100, ₦50, ₦20, #10 and ₦5?

You said it has been in plans for over two years, yet, una no still fit get am right? Is this a joke or what 😕😕

Is so shocking the CBN have been planning this policy since 2020, yet, everything is in comatose.


What a shame

damosade:
What happened to your risk analysis, risk management and risk control. Smh

BennyDGreat:


You are absolutely right.
This case is similar to border closure which later flopped.

OROSUNBOLB:


I can bet you that this nonsense they are currently doing will equally flop. You can't put the cart before the horse and expect not to have crisis ! The right infrastructures,culture and what have you,that are necessary to make such an exercise a seamless one,are not just in place yet. I still don't understand why the CBN think they can rush this policy without causing a serious damage to the economy,already all the telltale signs are there !

Brendaniel:


You call others fools and insult them for speaking the truth...

Just because you want to defend your party....

Minjim:




You people supporting CBN because you think the crisis they created will assist your candidate are fools

Aren't we all queing to buy even old notes now?

Even the CBN admitted they miscalculated

OROSUNBOLB:


I can bet you that this nonsense they are currently doing will equally flop. You can't put the cart before the horse and expect not to have crisis ! The right infrastructures,culture and what have you,that are necessary to make such an exercise a seamless one,are not just in place yet. I still don't understand why the CBN think they can rush this policy without causing a serious damage to the economy,already all the telltale signs are there !