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Nairaland Forum / Nairaland / General / Business / New Naira: We Didn’t Anticipate Challenges, CBN Admits (33490 Views)
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New Naira: We Didn’t Anticipate Challenges, CBN Admits by dre11(m): 8:19pm On Feb 09, 2023 |
The Central Bank of Nigeria, on Thursday, admitted that the ongoing scarcity associated with the naira redesign and cash withdrawal policy was not anticipated. https://punchng.com/new-naira-we-didnt-anticipate-challenges-cbn-admits/?amp 6 Likes 2 Shares
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Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Nobody: 8:22pm On Feb 09, 2023 |
Okay, well APC trade mark, trial by error. That's what they done so far, they used as experiment Kick out APC 103 Likes 5 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by funshint(m): 8:23pm On Feb 09, 2023 |
Hear nonsense....a good leader will see a problem even before they occur 146 Likes 16 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Brendaniel: 8:23pm On Feb 09, 2023 |
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 68 Likes 11 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by jlinkd78(m): 8:24pm On Feb 09, 2023 |
Noted 2 Likes |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Aufbauh(m): 8:26pm On Feb 09, 2023 |
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. 162 Likes 26 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by loosecanon50(m): 8:27pm On Feb 09, 2023 |
But you later still got challenges that has been detrimental to the wellbeing of the common man. Nigeria ain’t ready for sudden policy changes, we’re still an analog country But then again, the reason why some bank managers are hoarding both new and old notes is one left to be desired. 28 Likes 4 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Racoon(m): 8:31pm On Feb 09, 2023 |
Are you not a critical policy maker in the govt? Why wouldn't you expect challenges in the implementation of a serious national undertaking like currency swap or change? 39 Likes 3 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by teadrake(m): 8:33pm On Feb 09, 2023 |
You didn't anticipate challenge? What an idiotic statement! 78 Likes 9 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by muykem: 8:33pm On Feb 09, 2023 |
This is why we Tinubu as president. He can see far beyond a moment. 75 Likes 22 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Racoon(m): 8:36pm On Feb 09, 2023 |
muykem: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 69 Likes 13 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Godwin4444: 8:36pm On Feb 09, 2023 |
Now the people who are supporting these useless policy can see things with their eyes now 51 Likes 9 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Racoon(m): 8:37pm On Feb 09, 2023 |
Aufbauh: seunmsg:He took 6 months to appoint grossly incompetent ministers that helped him to ruined this nation. No body asked him to retained Godwin Emefiele as it is his sole presidential perogative. So my friends stop justifying Buhari cluelessness ineptitude, and incompetency after a disastrous 8 years. 42 Likes 4 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by seunmsg(m): 8:38pm On Feb 09, 2023 |
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. 50 Likes 7 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by teadrake(m): 8:52pm On Feb 09, 2023 |
Aufbauh:You spoke wisely. 28 Likes 7 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by teadrake(m): 8:54pm On Feb 09, 2023 |
Racoon:You hit the nail right on the head my brother. Emefiele's failure is Buhari responsibility. What a President! 22 Likes 3 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by JASONjnr(m): 8:54pm On Feb 09, 2023 |
A clear voice of the incompetent.... Why won't you expect challenges when all you do is embezzle funds and make a certain group of people get richer with your CBN/parallel market policy or what you call ABOKI FX.. How can you manage 200million people financially and you make policies but refused to checkmate the negative side of your policies? Are we ever going to get things right with the lopsided appointments we keep giving people out of vote delivery? The masses can only get it right when they decide their leaders and not the elites selecting the leaders ... 14 Likes 4 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Parachoko: 8:54pm On Feb 09, 2023 |
dre11: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 55 Likes 9 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by adekolaelect(m): 9:04pm On Feb 09, 2023 |
Racoon:stop crying Tinubu told them but they refused and you stupid haters start Insulting him with the hope that the policy will hurt your perceived Enemy.. now you need to get back to your vomit . Hatred will only bring backwardness and sadness for you. 44 Likes 8 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Nobody: 9:52pm On Feb 09, 2023 |
adekolaelect: He's right. Tinubu never cared for 8 years. Is APC not backwardness and sadness? Why are you thinking upside down na. ![]() ![]() ![]() 8 Likes |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by house10studios: 9:52pm On Feb 09, 2023 |
Normal. Wetin apc know 1 Like |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by madridguy(m): 9:52pm On Feb 09, 2023 |
Why won't you expect challenges when you took away over 3tn from the economy and replaced it with 300 billion naira.. Who does that? We have not gotten a practical solution to failed transactions that happened all the time yet you want us to go cashless. The entire CBN management deserves straight red card. 26 Likes 5 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by datola: 9:52pm On Feb 09, 2023 |
Dull people in government. 9 Likes 3 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Madrina(f): 9:52pm On Feb 09, 2023 |
Wow |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Ballzproblem2: 9:52pm On Feb 09, 2023 |
j |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Hezzyluv: 9:52pm On Feb 09, 2023 |
Nonsense you guys didn't anticipate it because of your callous attitude. You didn't anticipate it kee you there. ![]() 18 Likes 4 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by emmanuelbrown26: 9:53pm On Feb 09, 2023 |
@Moh247 TinubuAdvocate Freestuffsng Leodeking PandoraObi lhordpsy Abdul05 Throwback Batified2023 Biodun556 Roboto11 Ireportlive. Roboto11 Are y'all really ready to fly The heat is on Are y'all really ready to die The heat is on Have your mother ready to cry The heat is on Huh The heat is on You know
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Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by Emeskhalifa(m): 9:53pm On Feb 09, 2023 |
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Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by IgOga(m): 9:53pm On Feb 09, 2023 |
Thinkam: CBN resemble political party for your eyes..... ![]() 9 Likes 3 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by MANNABBQGRILLS: 9:53pm On Feb 09, 2023 |
Na now una eyes clear. Shame to all animals causing pains to Nigerians because of politics. 14 Likes 4 Shares |
Re: New Naira: We Didn’t Anticipate Challenges, CBN Admits by ExtremeDot: 9:53pm On Feb 09, 2023 |
A whole CBN never anticipated challenges? This country na Animal Farm. 15 Likes 3 Shares |
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