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How We Will Take Coins From ATM - Pic - Nairaland / General (3) - Nairaland

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PHOTO: Masquerade Withdrawing Money From ATM Machine In Shagamu / Bizarre: Snake Withdraws Money From ATM Machine In Zimbabwe / Did You Use 5 & 10 Kobo Coins? (pics) (2) (3) (4)

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Re: How We Will Take Coins From ATM - Pic by ignis: 2:52pm On Sep 20, 2012
prikky ohaj: LMAO. Nairaland wont kill me with laf. shocked
I don laugh tired.
Re: How We Will Take Coins From ATM - Pic by Nobody: 2:54pm On Sep 20, 2012
mystikal: Did Sanusi mention that an ATM will be dispensing the coins?
where were you when he said it? of course he said smething like that! oh boy! i gaz get special bag to dey carry coins they waka about.e no go easy at all. grin
Re: How We Will Take Coins From ATM - Pic by Fhemmmy: 2:54pm On Sep 20, 2012
This is brilliant . . . . Lol
Re: How We Will Take Coins From ATM - Pic by AdeniyiA(m): 3:00pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?
am very sure u were not born in nig. n if u were, u've bn residing oversea, u cudn't use anythin meaningful for comparison but coins?
BTW,are u telling me that d economy of these countries is d same as ours?
ar dea legislators legislooters?
dis type of arguments pisses me off abeg

2 Likes

Re: How We Will Take Coins From ATM - Pic by Teenaba(f): 3:02pm On Sep 20, 2012
[quote auth :Dor=achi4u]Why did the guy on the ground shoutingcheesy ? or did the ATM machine made a mistake by despensing quantities of coins?grin

Mehn this cartoon gan o
Dude your written English is worse than Sanusi's policy. Na wa kwa oh.
shocked

1 Like

Re: How We Will Take Coins From ATM - Pic by futoprince: 3:03pm On Sep 20, 2012
When u spend 6 naira to mint 5 naira coin and the 5 naira could not even buy pure water, then the work done is wasting 5 + 6 = 11 naira. SLS is very good in macro and micro economics, but regrettably very poor in elementary economics.
Re: How We Will Take Coins From ATM - Pic by oladayo042: 3:04pm On Sep 20, 2012
So so funny! grin grin grin grin
Re: How We Will Take Coins From ATM - Pic by luvinhubby(m): 3:06pm On Sep 20, 2012
Ehhnnnn!!! Can you imagine, enter N2,000 and coins starts gushing out, that`s SLS for us.
Re: How We Will Take Coins From ATM - Pic by alaoeri: 3:06pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?
Did our government produce things ωε 'll buy with coins Believe if #5, #10 & #20 are turn to coins that 'll lead to their extinction. Things 'll sell at the range of #50. The last time they introduce coins, did they provide things ωε 'll buy with coins?
Re: How We Will Take Coins From ATM - Pic by cleric(m): 3:10pm On Sep 20, 2012
mystikal: Did Sanusi mention that an ATM will be dispensing the coins?

Yes, Sanusi mentioned it.


@ oge, u seem to think you are the only one well travelled, can you please remind me of the state (in america) where an ATM machine dispenses coins? I know for a surity, that the uk loves coins and yet the ATM's don't dispense coins.

AJJ:
Coin is not a curse but can you please tell me where our 25k/50k/1naira are kept now. They are in the money safe with no use for it.
We are not afraid of the use of coins but
#the effect of using so much money meant for masses for the production of coins that would be rejected.
#the effect on sales of goods; we ll buy little goods like biscuit @ 6 for #100. All in the name of coin.
@AJJ, dont mind the guy, Sanusi seem to forget that prices of things are not quoted to the nearest 1k,5k, 10k or even naira but rather to the nearest 5 naira. Like someone asked the CBN public relations director, is CBN planing to make 5 naira into coins as dat is the smallest denomination in use currently.

1 Like

Re: How We Will Take Coins From ATM - Pic by hotwax: 3:12pm On Sep 20, 2012
Its a good Idea jare. Abeg make I dey buy Ganna must go or Buckets
Re: How We Will Take Coins From ATM - Pic by AdeniyiA(m): 3:14pm On Sep 20, 2012
futoprince: When u spend 6 naira to mint 5 naira coin and the 5 naira could not even buy pure water, then the work done is wasting 5 + 6 = 11 naira. SLS is very good in macro and micro economics, but regrettably very poor in elementary economics.
na so, when u stay too long on top, it wud seem as if d ground do not exist or never existed.
all of them travel abroad but never copied anything gud but tyrannical policies which wil fetch dem money -d primary aim of their policy 4mulatn
Re: How We Will Take Coins From ATM - Pic by mystikal(m): 3:18pm On Sep 20, 2012
berem: where were you when he said it? of course he said smething like that! oh boy! i gaz get special bag to dey carry coins they waka about.e no go easy at all. grin
cleric:

Yes, Sanusi mentioned it.

If indeed he mentioned that, the the guy is more radical than I thought. I have travelled to and lived in several countries over the years and have yet to come across a coin dispensing machine. Are the “odes” at CBN confusing vending machines with ATM machines? Or maybe being incurable gamblers that like gambling with Nigeria’s fate they are mistaking casino jackpot machines for ATM machines. We have entered “one chance” sha.
I had thought he was referring to vending machines when I heard him talk earlier.
Re: How We Will Take Coins From ATM - Pic by akpunku1: 3:22pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?

the simple and logical answer to your question is inflation and more inflation. American coin can atleast buy coke or bottled water. What can 5 naira coin buy in Nigeria?

americans don't withdraw upto a thousand bucks from the atm because it is so much money. Here in naija ten thousand naira na change nah.
Re: How We Will Take Coins From ATM - Pic by nothingdou1(m): 3:23pm On Sep 20, 2012
cryImagine 9jas go develop muscle oo where dem dey use bucket carry coins.i jst dey imagine say i wan pay person wey i owe 1K with my last 1K, after using bucket withdraw d coins,#4:50K come enter gutter gutter.OMO e don be b datooo
Re: How We Will Take Coins From ATM - Pic by hammedkola(m): 3:24pm On Sep 20, 2012
SlyIg:
My dear, if you withdraw 1000naira coin in Naija, how many things will you buy. Think twice before you start comparing yourself wit developed countries pls. Money get levels for hia o o...
. This is Nigeria, we have our own culture and life style, so you shouldn't bring the comparison...
Re: How We Will Take Coins From ATM - Pic by DonaldGenes(m): 3:24pm On Sep 20, 2012
Mehn! Ah no fit shout! You know what quys,make we try taq Sanusi with this pix on fbk if at all he is on fbk,make him see 4 himself
Re: How We Will Take Coins From ATM - Pic by jude33084(m): 3:29pm On Sep 20, 2012
Wsdm: Especially if one mistakenly press a debit of 20000 at once.

Then he will be buried alife lol

cheesy cheesy cheesy
Re: How We Will Take Coins From ATM - Pic by SlyIg(f): 3:38pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?
My dear, if you withdraw 1000naira coin in Naija, how many things will you buy. Think twice before you start comparing yourself wit developed countries pls. Money get levels for hia o o...
Re: How We Will Take Coins From ATM - Pic by igbsam(m): 3:39pm On Sep 20, 2012
Omo na to dey carry bazia waka o! with my Oshuka for head. I no fit south o!
(Singing Wiz Kid's Halla At your boy In Wiz Kid's Voice)
If you see me spending coins
Halla at your boy
I get am plenty
Halla at your boy
I carry am for bazia
Halla at your boy
E no too heavy
Halla at your boy

1 Like

Re: How We Will Take Coins From ATM - Pic by chuzyemx: 3:40pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?
Continue foolin urself,ode
Re: How We Will Take Coins From ATM - Pic by obi123: 3:48pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?

the question is do the countries u have mentioned have ATM coins dispensing machines? i can understand coins as part of change but not an ATM machine that dispenses coins
Re: How We Will Take Coins From ATM - Pic by Pergrace: 3:50pm On Sep 20, 2012
One main fact we must understand is that the leaders don give a damn,they are only concern in the money they will make from awarding the contract of producing the ATMs.
Re: How We Will Take Coins From ATM - Pic by Abrantie: 3:51pm On Sep 20, 2012
Clemzy16: It works in those countries because There are facilities put in place. E.g you might be walking in a street.. You see a coca-cola box. You don't need anybody to attent to you. Just input the coin and the can drink comes out. Same applies when you go to a mall, you wanna play a game or you wanna urinate. Just put the coins and get whatever you wanna do done. But nothing like that here in Nigeria. Now, how do expect us to welcome it, considering the fact that It's the lowest denomination in the country. Please think before you act.

It can work in Nigeria too because it works in Ghana, even without automated vending machines. However, I think for coins usage to take hold in Nigeria, a couple of zeros would have to be knocked off the Naira to introduce the concept of the decimal place(example N5.15) into pricing schemes and also the Nigeria consumer's psyche. What this does is it would empower or give more weight (value) to the coins.

Lets say the price of gari used to be 150 Naira per kg in the market under the old scheme. It would be N1.50 (assuming two zeros were knocked off) under the new currency. A customer may pay with a 1 Naira note and 50 kobo coin or three 50 kobo coins or a combination. Note that the re-denomination doesn't affect the monetary value of any goods, not even gari.
Re: How We Will Take Coins From ATM - Pic by DonaldGenes(m): 3:56pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?
hmmmmmmmmmmmmmmmmmmmm
Re: How We Will Take Coins From ATM - Pic by Pergrace: 3:56pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?

Bro,their ATM's don't issue coins oh..
Re: How We Will Take Coins From ATM - Pic by Nobody: 4:09pm On Sep 20, 2012
Was having a very hectic day at work and I just saw this. Thanks to whoever dug out this picture and all the posters so far! I don laugh die. In fact I had to share with my colleagues to ease the tension around. Hilarious mehn grin grin grin grin
Re: How We Will Take Coins From ATM - Pic by greatgod2012(f): 4:10pm On Sep 20, 2012
kalokalo in action!!!!!!!!!!!
Re: How We Will Take Coins From ATM - Pic by dasparrow: 4:13pm On Sep 20, 2012
@Post

LOL grin I just like that picture. Asukwo is really talented and depicts what's going on in Nigeria really well.
Re: How We Will Take Coins From ATM - Pic by DonaldGenes(m): 4:18pm On Sep 20, 2012
sunny-p:
By the time you withdrawn #10k tongue grin embarassed
na dye oooo
Re: How We Will Take Coins From ATM - Pic by Aniah4u: 4:18pm On Sep 20, 2012
oge4real: I still do not understand why Nigerians react as if coins is a curse. If England, America, Australia and other developed economies of the world still use coins, why then is that we are so afraid?
@Sisterland Oge4real,Its not as if we're afraid of d coins, if we must use them, let Sanusi and his IMF cronies repair D economy & see how we'll bounce back to N1,50k,25k,10k,5k......that we've once adored.
Re: How We Will Take Coins From ATM - Pic by Nobody: 4:20pm On Sep 20, 2012
Sanusi looks like that Clown above at d Atm Machine.

1 Like

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