izzou:


Na the exaggeration wey dey be that.

Suddenly, everybody is making transfers for puff puff and corn

Now, a pure water seller is troubled because of new 1000 notes, when his product is 20 naira for one

iamoyindamola:

I get opay too
That one na free transfer once alat enter, I push funds there to share the money to the people I wan send to with peace of mind I no wan hear say charges they

Segedinho:

People just dey talk as if others no dey dsame country....

The only issue I have with d policy is "Yahoo boys" cos they are gonna run so many fake alert.

I believe sensitization about how to know fake alert should be d other of d day..

raumdeuter:


With the level of technology in Nigeria, we cannot implement the cashless thing right now

If network is spotty in Lagos where I assume most of you are living, what do you imagine will be happening in Interior villages where MTN. Glo etc don't even bother to do updates and upgrades

You buy yam inside village in Nasarawa and say na transfer you wan do

Even for Yankee there are some people that only take cash, Most of my Mexican contractors prefer to get cash only because of various reasons

1. Most dont even have a bank account as they just crossed border recently
2. Their account is either on child support watch and they are trying to hide their income
3. Their account is already overdrawn and any money that enters it, the bank will first take theirs

Some will give you their friends account to pay into, Imagine the type of wahala that can happen when you transfer money to your friends account and he stopped picking calls

There was a plumber that I wanted to pay, and I sent the transfer to his friends account he gave me some weeks earlier, Na so the guy begin para say I shouldn't have done that. I should only make the transfer when he is beside the friend so he can drag him to ATM immediately otherwise na gambling get the money wey I just send

Imagine th chaos when doing all these back and forth dragging over google translate

izzou:


Cards should be encouraged rather than transfers

At least, if e no APPROVE, e no approve.

People should also be patient for alerts. No hurry in life

iamoyindamola:

I get opay too
That one na free transfer once alat enter, I push funds there to share the money to the people I wan send to with peace of mind I no wan hear say charges they

izzou:


I think your problem with the policy is that Tinubu is against it.

How long do you think this policy should last?

The man rolled it out in October. Show me where you or BAT kicked against it.

February 10 will come, insha Allah. Let me see how ENDSARS II will happen on the 11th

The fuel scarcity is what is everybody's headache. I am surprised to see you equating it to not having fiat to spend

Segedinho:

There are apps that send u alert o...the only way to know is difference is to check your account balance

BlueRayDick:


Oga CBN did not change N100, N50, N20 and N10 notes . Anybody selling puff puff has no reason to complain about being affected by the naira redesign . After each day sales , the puff puff seller should be having a bag full of N100 and N50 notes which he/she will be using to purchase ingredients for tomorrow’s sales .

Make una stop to dey exaggerate these things Abeg !

iamoyindamola:

I get opay too
That one na free transfer once alat enter, I push funds there to share the money to the people I wan send to with peace of mind I no wan hear say charges they

EmmanuelScott1:


Money reflect fast in bank apps than waiting for msg alert.

Segedinho:
Age is no barrier or headache to anyone but senility is.


How can you equate just age with someone accused of mental instability induced by by either drugs or health related issue that tends to show as d year progresses...?

Emaprince:
I have an opay app through which I make most transfers too. Its very cheap and fast too.

larride:


So those selling puff puff and patty traders dont receive 1k, 500 and 200 naira notes?

izzou:


Cards should be encouraged rather than transfers

At least, if e no APPROVE, e no approve.

People should also be patient for alerts. No hurry in life

raumdeuter:


Dr Sege.

Na you see senility, na you see mental instability, na you see drugs

larride:


So those selling puff puff and patty traders dont receive 1k, 500 and 200 naira notes?

Emaprince:
Atm cards?

In this Nigeria where most of the time you use atm cards at petrol stations or supermarkets, it will fail and you get debited. End of business.

You will be left visiting the bank to lodge a complaint..and wait after 5 working days or weeks for reversal.

You just dey go about this like say Naija is very ready for this policy of frustration.

EmmanuelScott1:


Money reflect fast in bank apps than waiting for msg alert.

BlueRayDick:


For someone who sells items worth N50 u don’t need to be an economist to know majority of his customers will be paying with N50 , N100 notes more than any other denominations. The few ones that bring new N1000, N500 and N200 notes will get their change in N100 and N50 denominations .

It’s not rocket science .

I have an example of someone I bought N600 worth of items with N1000 and I was given 4 N100 notes as change .

There’s no need for unnecessary exaggeration as far as this new naira notes are concerned . In fact it’s petty traders that are less affected .

Emaprince:
I have an opay app through which I make most transfers too. Its very cheap and fast too.

Segedinho:

Reason everyone have to adjust.

Nothing is wrong if you are buying kpuf kpuf of 1k using transfer.

So if u are buying kpuf kpuf of 100 or 200 ..it becomes stupid to ask for account num.

Una too dey exaggerate d matter........all these groundnut..akara...massara or kunu talk no just make sense....b4 now,seller hardly agree to selling akara of #100 wen u are holding a 1k note...

larride:


Again you are looking at this thing at from political angle which it isn't.

I told you the day we had the conversation and I will repeat it for emphasis sake again, it is not about the redesign of the naira per say, it is the implementation of the policy.

If CBN through the banks had got their acts together, nobody will be complaining and in panic now. Because you are lucky that it doesn't affect you doesn't mean it does not affect a large majority of people.

Bro izzou, remove the political lenses you have on and see the current realities of things.

larride:


Yes everything is exaggeration. I no even need to explain anything to anyone.

Painful that CBN extended the deadline, we will have seen how the over 900billion notes that's still outside the banking industry will magically change to new notes or it will become illegal in the holders hand.

larride:


Yes everything is exaggeration. I no even need to explain anything to anyone.

Painful that CBN extended the deadline, we will have seen how the over 900billion notes that's still outside the banking industry will magically change to new notes or it will become illegal in the holders hand.

Segedinho:
Then it becomes the holders headache...you have been given a time frame to return those money....if u ain't adhering to such a directives na u sabi.


I think ur takes on d petty traders are negligible when it comes to what should be...

A commodity of 100 to 150 shouldn't be an issue to this money change saga .

larride:


The informal sector that runs the economy in large part is negligible?

Most of you do not even have an idea of the country you live in.

BlueRayDick:


U are just boxing empty air in this case . I think I will agree with izzou that u are looking at this thing from a political angle and u are projecting that on others . U are looking at it from how the whole thing will 4ck ur principal over , but yet u are accusing others of buying into CBN’s policy because they feel it will hurt Tinubu.

The CBN has come out to say they’ve been able to mop up N1.9 trillion that was previously being held outside the banking system . One would’ve expected u to applaud them because these are the monies getting into the hands of criminals , bandits and what-have-you thereby making the country unstable . You have not done that but u are concerned about petty traders who don't even handle that much cash.

A typical u in the past would've elaborated on the CBN'S policy and would educate us on how the policy would be a Buhari's legacy of fighting insecurity with non-comabtive measures. I guess tide has changed 😎

Roland17:
Considering election day is February 25th, when are political parties supposed to stop campaigning?