Sammy07:
This was December, Tinubu was caught giving new notes to someone


https://www.youtube.com/watch?v=HLJBcSJOrls

Sammy07:

It can never affect politicians, they don't keep large amount of Naira.

Ask yourself if naira was spent during the primary election.
Gandollar was caught with which currency?

Lemme use Lagos as an example
If you believe Sanwo olu or Tinubu whose Headquarters of all the banks are at their backyard, don't have new Naira notes, then you can't be redeemed.

Sammy07:
I think I'm now convinced that about 80
% of Nigerians are illiterates.

Bring out a policy, tell an average Nigerian that it's targeted at corrupt politicians and see them cheer you

1. When Buhari closed borders, y'all cheer him without thinking of the inflation, thinking it will solve the price of rice in the market, I guess we are all buying A bag of Rice for 10k now

2. When bvas was introduced and electoral acts, y'all again cheered him like he's the best thing after Jollof Rice
BVAs will do the magic according to some people , we can see the magic in Osun elections where over voting occurs 🙄

3. Now new naira notes.
I'm not against the new naira notes, I'm only against the duration and circulation

There are limited new naira notes in circulation and some O'level holders refused to ask why it is so.
This policy, I think it's targeted at the Permanent Secretaries, Head of Agencies, Corrupt civil servants etc
It can never affect politicians, they don't keep large amount of Naira.

Ask yourself if naira was spent during the primary election.
Gandollar was caught with which currency?

Lemme use Lagos as an example
If you believe Sanwo olu or Tinubu whose Headquarters of all the banks are at their backyard, don't have new Naira notes, then you can't be redeemed.

Agbegbaorogboye:

I stopped reading at the bolded. Bros you're ignorant. Politicians keep more raw cash than anyone else.

Foolishbuhari:

Contrary to your claims about the BVAS, it's actually nice. The PDP either clearly rigged the elections in their stronghold or they were dumb enough to allow inec officials upload padded results into the IRev server.

The only reservations I have with the judgement is that it's beyond the call of the court to begin to do arithmetic, deducting and adding votes to anyone.

The right thing would be to cancel the results from the 700 Polling Units and order a rerun according to Inec bylaws. You don't cancel 700+ polling units, thus disenfranchising thousands of people. It's illegal!

Agbegbaorogboye:
This is letter to zombies because they are the ones who supported border closure.
When people complained against border closure then, some people called them wailers etc.
I actually believe Buhari is just being Buhari.
He isn't targeting anyone specifically.
He's always been insensitive
Yet some people kept supporting him and mocking those who complained then
So all this wailing ko necessary

Sammy07:


well, we're all in for it.
Whatever policies they make

Sammy07:


well maybe or maybe not.

This is Nigeria, if you are a political and you have that amount of money.

Do you want me to believe that you won't have found a way out?

Agbegbaorogboye:

You seem to not realise that the money printed is less than that in circulation.

The idea behind this move is to mop up excess cash in circulation not to replace cash for cash.

Sammy07:


I agree with you. (first paragraph)

About the last 2, new electoral law says No re run, it should be cancelled and the votes deducted.
There can only be re run if they haven't declared the votes (that is the job of the PO).

Sammy07:
I think I'm now convinced that about 80
% of Nigerians are illiterates.

Bring out a policy, tell an average Nigerian that it's targeted at corrupt politicians and see them cheer you

1. When Buhari closed borders, y'all cheer him without thinking of the inflation, thinking it will solve the price of rice in the market, I guess we are all buying A bag of Rice for 10k now

2. When bvas was introduced and electoral acts, y'all again cheered him like he's the best thing after Jollof Rice
BVAs will do the magic according to some people , we can see the magic in Osun elections where over voting occurs 🙄

3. Now new naira notes.
I'm not against the new naira notes, I'm only against the duration and circulation

There are limited new naira notes in circulation and some O'level holders refused to ask why it is so.
This policy, I think it's targeted at the Permanent Secretaries, Head of Agencies, Corrupt civil servants etc
It can never affect politicians, they don't keep large amount of Naira.

Ask yourself if naira was spent during the primary election.
Gandollar was caught with which currency?

Lemme use Lagos as an example
If you believe Sanwo olu or Tinubu whose Headquarters of all the banks are at their backyard, don't have new Naira notes, then you can't be redeemed.

Foolishbuhari:

Contrary to your claims about the BVAS, it's actually nice. The PDP either clearly rigged the elections in their stronghold or they were dumb enough to allow inec officials upload padded results into the IRev server.

The only reservations I have with the judgement is that it's beyond the call of the court to begin to do arithmetic, deducting and adding votes to anyone.

The right thing would be to cancel the results from the 700 Polling Units and order a rerun accord ing to Inec bylaws. You don't cancel 700+ polling units, thus disenfranchising thousands of people. It's illegal!

Sammy07:


Yeah, I know too much cash or cash holding is bad for the economy.

But then, Nigeria is not ripe for all these.

Truth is, each policy they make is very good.
But the implementation is the problem, that's why the monetary policy and fiscal policy are not showing effects in our economy.

We're not ripe for it, we don't have the tech, about 30% of places in Nigeria no get network and are bush.
about 40% of Nigerians are illiterates

You're very stuck somewhere and you needed cash. You Made your last 10k transfer.
Network problem occurs and you were debited, the POS operator didn't receive it. Yet it wasn't reverse after 72hrs.

Is that how cashless economy works?

Foolishbuhari:

"...If the affected polling units will significantly affect the result...a rerun will be conducted". 700+ PUs is 20% of total voting PUs. Let's see what the appeal court says though but I'm certain they'll set that judgement aside. Declaring the results of over voted PUs is as a result of INEC's incompetence. No one should suffer for INEC's incompetence.

Britishpea:


Lol are you minding the born fools? Remove presidential power from Buhari and he’s next to nothing before Tinubu in terms of influence across Nigeria.

Only fools will think that Tinubu wouldn’t have changed whatever money he has to home as old notes to the new notes in the last 2 months.

Only same will think Tinubu won’t have whatever amount he wants in new notes at a snap of his finger.

Banks are headquartered in Lagos. They of course need good atmosphere to keep making their profits. The managers will even call him to ask if he needs the new notes each time they arrive. Man was fighting for people who will vent anger on APC govt and the result will be on the presidential candidate but as usual, the zombies in nigeria don’t understand that. The time is very short and unreasonable

Agbegbaorogboye:

Look. I'm not saying the implementation is right or not.
My point is that Buhari has shown same insensitivity and lack of empathy throughout his administration.
Why are some elites for selfish reasons looking to turn Nigerians against him now?
Does the country exist solely for their comfort and benefit?
I can bet you if the elections were not near and the policy conflicting with their plans, none, and I insist none of those championing this face off with the president and CBN gov will utter a word!!
Anyone with nothing to lose should go to his nearest bank and deposit his cash there. With that, you're safe from the impending economic loss. If however you choose to join the political elites in their selfish crusade against Buhari, you'll end up on the losing side.

Sammy07:



person wey don get the new notes since last month.

See the prove in that video up there

Sammy07:


It's not about depositing cash but about withdrawing new notes for transactions.

Look at how it's affecting the POS people
You can't withdraw more than 20k per day.

Where will they see the cash to give someone that make 50k transfer?

Agbegbaorogboye:

Which means he's part of those hoarding it?

Sammy07:


It's not about depositing cash but about withdrawing new notes for transactions.

Look at how it's affecting the POS people
You can't withdraw more than 20k per day.

Where will they see the cash to give someone that make 50k transfer?

Sammy07:


Are you asking me

Sammy07:
This was December, Tinubu was caught giving new notes to someone


https://www.youtube.com/watch?v=HLJBcSJOrls

Ignorant mind it took Tinubu two bullion vans for APC to get 100k votes edge over opposition in just Lagos in last presidential election, how many will cover 36 states plus FCT It took them more than two decades to stocked the money in their private homes, and you think such money is available in banks for Tinubu in new currency, bad news for you CBN team are very smart they just released few amounts to banks, then placed deadline, that banks can't even negotiate with those criminals to swap the huge amount, most of them still believe that it will be extended, they can only deposit the money through different means but banks have limited new money, mind you there is also new withdrawal limit, and they're being monitored by CBN and EFCC, that's why Tinubu is begging Buhari through different means to extend the date after election because he know it will be disaster for his ambition and other criminals

Agbegbaorogboye:


POS are not supposed to be for cash withdrawal.
It's part of the abnormalities in Nigeria that made POS so proliferated for cash transactions.
Under normal circumstances, if you want to do transfer of such amount,what you need the POS to do is to help do the transfer between the two parties not giving cash to one to give to the other

Agbegbaorogboye:


What do Nigerians want exactly?

Sammy07:


It seems you probably work with the government either state or federal.
Or a private business.

You don't understand what I'm saying.
If this scarcity continues except they roll out new cash by next month. Businesses will suffer and even the economy at large.

From transportation to buying fuel to buying day to day needs and stocks.

I should be making transfers, Alakoba. 🤗

Sammy07:


Roads, Sound healthcare, Best Education, 24/7 Power, Water, strong institution, Independent of all sectors, Strict laws, Limit corruption by Punishing offenders without favoritism.

Do this and watch the economy grow.

Agbegbaorogboye:

You're making future projections based on your fears which may be based on facts or not.
.

What I'm pointing out is the idea of cashless policy is to reduce cash transaction to the barest minimum. I usually wonder why Nigerians still withdraw 100K, 200K from ATMs at once for a transaction and we say we want a cashless society.