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Nairaland Forum / Nairaland / General / Politics / Reinforce Use Of Coins - Reps Tell CBN, Banks (20356 Views)
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Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by umarfantami(m): 10:11am On Mar 23, 2022 |
They should reinforce themselves to be paid in coins too. Petorl should be 1 liter/coin .shikena. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by maticar: 11:24am On Mar 23, 2022 |
OkpaNsukkaisBae:we can do without multichoice, we cant do without the other three |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by francotunsco: 12:57pm On Mar 23, 2022 |
WATCHOVER:So, that N12.50K that i am later to use to buy additional fuel or leaves for the poor fuel attendant is the reason for Nigeria's inflation? Come off it dear! At this point, we need to realise that only the things that matters matters. Let our legislators the ever unavailable power despite billions of allocations in power sector. Not yeye and valueless coins! |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by bigpicture001: 1:39pm On Mar 23, 2022 |
Cantonese: Sharap there.. soludo goofed on his redomination policy... He. Is. The. Reason we don't. Use coins anymore.. back then he. Had. The Presidents ear and trust although sooner. Persons are against anything soludo cuz. He is the. Shining boi.. e. g samsondeen Usman Soludo took naijaa on a. Run of redesign and Introduction of plastic money of all denomination... That alone. Was aa massive expensive project.. but yar'dua accepted his project only for Him foour. Months later. To start taking about wiping out those designs he just sanction on all denomination and. Entirely replace. The naira at all denomination with a. New decimal It was a no no policy , not because it's a bad one, but because it's way too expensive just after embarking on a wasteful redesign of some denomination which is. Equally expensive.. So u see..? Soludo goofed! |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by BigBashiru: 1:42pm On Mar 23, 2022 |
willian10: Pure water would not have jumped from N10 to N20 if there was N5 note. Expect pure water to hit N50 soon. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Newton2024: 1:48pm On Mar 23, 2022 |
WATCHOVER:I don't understand. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Newton2024: 1:49pm On Mar 23, 2022 |
WATCHOVER:How? I am an economist but never understand the rationale the use of coins and boosting the economy. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Truvelisback(m): 2:05pm On Mar 23, 2022 |
letitrainnow:What is the essence of the use of coins when the high price of goods have gone out of hand? What can u buy with coin now? Naira has lost it's value, so it's completely useless. They better look for a means to Stablize the price of goods b4 thinking of introducing coins. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by freemanq(m): 2:23pm On Mar 23, 2022 |
Waste of time,it can never work again in Nigeria |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Mahdey: 2:59pm On Mar 23, 2022 |
I think this is a good ideal |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by WATCHOVER(m): 3:31pm On Mar 23, 2022 |
francotunsco:Power is important as it creates employment, the rate of inflation won't be that high to the extent of double digits 1 Like |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by WATCHOVER(m): 3:33pm On Mar 23, 2022 |
Newton2024:An economist to what extent? You read it or you are professional? So that I will know where to start |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by WATCHOVER(m): 3:35pm On Mar 23, 2022 |
francotunsco:Yes, it will reduce rubbing Peter to pay Paul |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Newton2024: 5:41pm On Mar 23, 2022 |
WATCHOVER:I studied Economics. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by TheNiceGuy(m): 6:49pm On Mar 23, 2022 |
Uselessness. The lowest currency we have now is between #20-50 in terms market value. What can we buy with 50k, #1 or #2 coin? Mad People everywhere! mad People everywhere!! |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Perfectbeing(m): 8:41pm On Mar 23, 2022 |
The easiest way to do this is to limit the circulation of N5 up to N50 and then circulate a lot of coins. People would be forced to use coins |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by meobizy(f): 12:13am On Mar 24, 2022 |
Nigerians never asked for coins. This is pointless, a waste of time and taxpayer money. |
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