Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,471 members, 7,954,835 topics. Date: Saturday, 21 September 2024 at 10:31 AM

Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? (9685 Views)

How To Distribute To Street Vendors? / CBN To Introduce Lower Denominations On Atms / New Naira Notes Ready September Ending – CBN (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by andicod1st(m): 7:57pm On Jul 15, 2013
A couple of times I've been in need of smaller denominations of a single large naira notes such as N1000, N500 or even N200, and when I walk up to a street vendor or petty trader for aids with smaller denominations of those notes without neccessarily wanting to buy something with it, the response I always get from 95% of them is "No, I don't have change", most annoying, it is said in a rather rude manner. But the unvarnished truth is, they actually have those smaller denominations.

Are they people in the house who can give a good explanation of this act, why wouldn't they assist you with those smaller denominations and rather lied that they didn't have it?
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by sats: 9:05pm On Jul 15, 2013
those smaller denomination notes are strictly for business ... obviously

2 Likes

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Originalsly: 10:03pm On Jul 15, 2013
Stop seeing them as change machines...common sense should tell you why they don't give out change just like that.

5 Likes

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Itoroetti(m): 10:17pm On Jul 15, 2013
Some deh think say u wan use am do juju.
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Chuukwudi(m): 4:40pm On Jul 16, 2013
It's part of Uncivilization !!!It's part of Uncivilization !!!It's part of Uncivilization !!!

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by effisyman: 4:41pm On Jul 16, 2013
dem no be Ashewo...simple

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Sijo01(f): 4:42pm On Jul 16, 2013
...because they need it to run their business.......you want them to give you their smaller denominations and be stranded later.

7 Likes

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Sijo01(f): 4:43pm On Jul 16, 2013
Chuukwudi: It's part of Uncivilization !!!It's part of Uncivilization !!!It's part of Uncivilization !!!

Mind elaborating, please.
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by searchcorp(m): 4:44pm On Jul 16, 2013
you wan spoil their market, if dem give you all their change wetin dem go use sell market. Abi na we sey make you spend all your change - knowing fully well that you will be needing it.

Infact, I don vex for the matter, all the change wey dey your hand you dey always spend am carelessly on gala, fibre active, groundnut, etc.. when he come reach to enter transport, or do something serious with your money - you go come dey form sey change no dey.

Abeg next time mek you either go bank or filling (gas) station.

6 Likes

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Austeenxx: 4:44pm On Jul 16, 2013
Whoops! Garri sellers are friendly and they will always give you what you want. lipsrsealed

3 Likes

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by jeffizy(m): 4:44pm On Jul 16, 2013
that's because they would not want you to bring fake 1k to pack their hard earned 'toro-kobo'.

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by FoxyRebirth(m): 4:45pm On Jul 16, 2013
Sijo01:

Mind elaborating, please.

[size=25pt]Blame GEJ and seriously,

END TIME THINGZ angry angry
[/size]

4 Likes

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Shuen: 4:45pm On Jul 16, 2013
Itoroetti :
Some deh think say u wan use am do juju.
grin grin grin grin grin
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by IAMBREEZY: 4:46pm On Jul 16, 2013
They may need it for something else that's why they don't give out
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by moshood048(m): 4:48pm On Jul 16, 2013
D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ don't really knw what Ȋ̝̊̅†̥ entails ..........by d time D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ knew abt Ȋ̝̊̅†̥ am sure D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ ώĩℓℓ β̣̣̥ very caution.
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by charlsecy4(m): 4:50pm On Jul 16, 2013
They usually need the change themselves. So, they reason, 'Why give you change when I might need it myself any moment from now?'

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by nbright: 4:51pm On Jul 16, 2013
They keep it for their customers.

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by HomesOfLife(m): 4:51pm On Jul 16, 2013
This piece made frontpage? Cool smiley
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by ritux: 4:52pm On Jul 16, 2013
Blame GEJ

grin cheesy
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by oyedun82(m): 4:52pm On Jul 16, 2013
abeg tell them o




effisyman: dem no be Ashewo...simple
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Youngzedd(m): 4:53pm On Jul 16, 2013
Austeenxx: Whoops! Garri sellers are friendly and they will always give you what you want. lipsrsealed


Thump up.

#GarriTeam
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Blitz4real(m): 4:56pm On Jul 16, 2013
Its been part of them,the reason they kept to themselves some would not just want to give you even though they have it
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Blessmira: 4:56pm On Jul 16, 2013
If u wan mak de giv u change, always tel dem 2 colect interest 4 d change. E go work sharp sharp. cheesy

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Nobody: 4:56pm On Jul 16, 2013
If they use up their smaller denominations it will be dificult for them to make sales when customers come with higher denominations. And sincerely, they are scarce sometimes because people use ATM more, and it does not dispense smaler denominsations.

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Blitz4real(m): 4:58pm On Jul 16, 2013
grin grin
Youngzedd:


Thump up.

#GarriTeam
one love brother
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Mobsync(m): 4:58pm On Jul 16, 2013
I once worked at a filling station and I can tell you that small change is scarce. Besides, the change are usually needed for business as no one wants to be stranded when they need it for customers. Finally, some people change fake money. Someone once attempted to change fake money from me @ the filling station back then, so some of them might simply been taking precautions.

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by philfrey08: 5:02pm On Jul 16, 2013
This happens in Ibadan...all d time....they sometimes don't even care if u buy Smthin or u enter their cabs

1 Like

Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by Burntcoal(f): 5:02pm On Jul 16, 2013
aw dem go give u change wen u knw even buy anytyn. And u knw b dagrin o wey use 1k buy blade no wait collect change. If u want smaller denominations go petrol stations or else buy sumtyn. Wen dem no b ashewo
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by cumpaddre(m): 5:05pm On Jul 16, 2013
I blame GEJ
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by dapyd1(m): 5:06pm On Jul 16, 2013
I believe they want to lure you to buy their goods! Most times, its not even the fact they can't do it, its the attitude that is really annoying!
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by ireneidiva(f): 5:09pm On Jul 16, 2013
So this issue gives u sleepless nights? That is why you had to bring it to nairaland. And just why did this trivality make front page?
Re: Why Do Street Vendors Lie About Having Smaller Denominations Of Naira Notes? by favourlicious: 5:09pm On Jul 16, 2013
moshood048: D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ don't really knw what Ȋ̝̊̅†̥ entails ..........by d time D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ knew abt Ȋ̝̊̅†̥ am sure D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ ώĩℓℓ β̣̣̥ very caution.
abeg,na wetin u de talk about? undecided

7 Likes

(1) (2) (3) (Reply)

Buhari Endorses CBN’s Flexible FX Market Bid: BusinessDay / To All Experienced Aliexpress Customer, This Brother Need Your Help. / Fish Buyers And Sellers Arena

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.