Nigerians have lamented the lack of clean N100 notes calling for the Central Bank of Nigeria, CBN, to wade into the matter and stop the looming epidemic.

Investigation by Chronicle NG revealed that most of the N100 notes in circulation are not only very old but they are torn and mutilated.

Nigerians lament dirty, mutilated N100 notes in circulation
April 9, 2018

N100 notes in Nigeria are mutilated and very dirty

Nigerians have lamented the lack of clean N100 notes calling for the Central Bank of Nigeria, CBN, to wade into the matter and stop the looming epidemic.

Investigation by Chronicle NG revealed that most of the N100 notes in circulation are not only very old but they are torn and mutilated.

In an interview with a trader, Mary Makanjuola who complained that not only were clean N100 notes scarce, even the old ones are difficult to come by.

“To get N100 notes as change for customers can be sometimes demanding nowadays. If you ask those fellow traders to lend you, they will give same story. They don’t have.”

She urged the government to intervene so that traders can have access to clean N100 notes.

Similarly, a bus conductor who identified himself as Wasiu in Lagos told Chronicle NG that doing business has been difficult because of the lack of N100 notes.

“Most of the charges within Lagos is usually between N100 and N200 and this means that you need to use N100 in your transactions,” he said.

Wasiu added that, “Unfortunately commuters in the last two weeks do not have N100 notes and when they are given the dirty ones, they simply reject it.

Wasiu who said he does not know who is in charge of currency in Nigeria urged President Muhammadu Buhari to make available clean N100 notes.

Cynthia Omokore an accountant told Chronicle NG that something must be done about the notes in circulation. She added that the N100 notes in circulation are very dirty and irritating to behold. “I find it difficult to hold our N100 note. They are very dirty.

She added that, “From my observation, the notes are mainly sellotaped or gummed. They should all be withdrawn from circulation.

Speaking to Chronicle NG, Femi Adewole an architect described the N100 note as ‘mutilated’. He noted that the currency was not good for the image of the country. “This is not good for Nigeria. Tourists should not have naira notes that have been mutilated.

“They are really nothing to write home about,” he added.

In Abuja, Bisola Adarabiola told Chronicle NG that Obafemi Awolowo could possibly be turning in his grave.

Continue reading on www.chronicle.ng

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