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Nairaland Forum / Nairaland / General / Politics / How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos (716 Views)
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How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:27pm On Feb 13, 2023 |
Till now it this logic beats me.. How Can one remove/mop up 3Trn 'Old' notes, print only 300bn new notes in an Economy as huge as Nigeria!! Which kind of economic theory is this? If only Mr Emefiele know the gravity of what this most insensitive move has caused this country eh. Most Banks including Zenith Bank closed branches for days Most Bank Apps not been working People sitting outside ATMs and Banks for 2weeks now for both old and new Naira From Lagos to Abuja same situation.. |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Upworkwriter007(f): 8:28pm On Feb 13, 2023 |
The person wants chaos. |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:30pm On Feb 13, 2023 |
pineed: People and family have been reduced to beggars.. Chaos everywhere!! The worst of all now is people don't even know which currency is actually in circulation, which is still legal tender, nothing at all. Everyone is left in dark This is the first time in my life I've ever felt change in currency. I expect the CBN governor to have resigned by now. |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:34pm On Feb 13, 2023 |
Upworkwriter007:I tell you.. the chaos is just too much |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by VeeVeeMyLuv(m): 8:38pm On Feb 13, 2023 |
A lazy convenient strategy because They can't grab the agbada of big men caught stealing See these western nations how they arrested former deputy senate President and dumped his arse in the cell. That is how it supposed to be. Right now many many politicians or former and active looters are looking to arrange with bank managers on how they can swap looted billions of old notes in cash!!! Some have even succeeded. So someone should tell me why there won't be chaos. 2 Likes |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:39pm On Feb 13, 2023 |
They have just showed you an excellent example of what will happen when a global financial crisis happens |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:42pm On Feb 13, 2023 |
thebosstrevor1:This one pass global financial crisis This is human-made disaster. No cash in circulation No bank app working No POS working etc |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:46pm On Feb 13, 2023 |
pineed: Global Financial crisis are man made economic disaster 1 Like |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by 9gerian: 8:53pm On Feb 13, 2023 |
Only Emefiele knows the answer to the thread’s question, ask him. pineed: |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:03pm On Feb 13, 2023 |
9gerian: I tell you this no bi laughing matter jare |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by 9gerian: 9:08pm On Feb 13, 2023 |
I have gotten tired of getting angry at him (Emefiele). He is beyond ridiculous to have pulled off such a disastrous implementation of a great idea. The guy completely forgot he is CBN governor, not INEC chairman. What a disaster he is! pineed: |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:17pm On Feb 13, 2023 |
9gerian:I tell you bro.. this is so financial catastrophy. Imagine a whole Zenith Bank branches closed for days...and no one is protesting or something |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by StaffofOrayan(m): 9:27pm On Feb 13, 2023 |
Everything APC has touched has decayed a bit more, every parastatal, every institution, you can all play the northern game and blame it on a willing southerner but it won't fly here, that very lame excuse of 'Buhari didn't understand' is as dummb as most of you, Buhari did the exact same thing to the economy in the damnn '80s, it is who he is and you all cheered him on for 8 years! |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by jmoore(m): 9:29pm On Feb 13, 2023 |
pineed: Buhari, not Emefiele. |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:32pm On Feb 13, 2023 |
VeeVeeMyLuv: If that was his "strategy" for currency exchange then that's most unfortunate.. Politicians all over the world will always find their way around anything. They're so smart |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:33pm On Feb 13, 2023 |
thebosstrevor1:True that.. |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:37pm On Feb 13, 2023 |
jmoore:It's actually Emefiele, he is/acts as national financial advisor to the President and nation. If his advice & strategy fails he should be fired.. just like Kwateng did in the UK 1 Like |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by jmoore(m): 10:13pm On Feb 13, 2023 |
pineed: So why is the minister of Petroleum not blamed for petrol being sold at 450 naira per litre? |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by RZArecta(m): 10:54pm On Feb 13, 2023 |
pineed:haven't you noticed that every disaster happening at least for the past few years is human made and heavily scripted, all headed towards one goal ? Haven't you noticed the inevitable event that is soon to happen ? Prepare for cashless economy by March first |
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by LegendHero(m): 11:02pm On Feb 13, 2023 |
OP, you have answered your question yourself. Emefiele purposely want to create chaos and that chaos is here. |
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