SmartyPants:


We dont have any where enough dollars to change all the hoarded naira.

And contrary to what you might think EFCC is watching the Bdc guys. Today, for example, across the nation black market traders have been raided.

Are you not aware?

Toktee:
will you judge shut up already if you don't have anything reasonable to say...
How many anti corruption agencies or police station in Nigeria ever invited obi for questioning concerning his administration?
Tinubu was docked here in Nigeria for corruption charges, he was also docked I'm the United State, true or false?
Do not allow hates to ruin you bro.

Penguin2:
Lol

This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.

Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.

See as 2007 naira note fine.

WibusJaga:
.

Why would anyone hoard Naira that the value devalues on daily basis. I'll rather hoard Dollars.

Penguin2:
Lol

This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.

Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.

See as 2007 naira note fine.

aieromon:


If you live outside the country and you have one million naira under your bed in Nigeria, you are a hoarder. Nothing stops you from running a Nigerian bank account with a debit card.

P.S The hoarders know themselves and why they choose to keep their illicit wealth away from the eyes of the banking system.

joe4christ:


You're not so smart. If the bureau de change should accept bundles of old note and deposit such money to the bank. He will be arrested.. This policy is a trap in disguise!

Penguin2:


Now look at it this way…

Can you count how much illicit billions of naira that is stashed in Lagos alone for instance or Kano or Kaduna?

Now, this is by different people. Do you not think that the BDCs will be overwhelmed with such transactions and it’s also possible that CBN has laid siege for them because CBN knows that BDCs are likely going to be the conduit pipe for people to spend their stashed cash.

BATified2023:
we would start seeing more of this now

Those money all these thieves have kept they will b forced to bring it out

Penguin2:
Lol

This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.

Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.

See as 2007 naira note fine.

Penguin2:
Lol

This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.

Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.

See as 2007 naira note fine.

omonnakoda:
Have you seen one million under anyone's bed? Why not restrict yourself to evidence and stop talking like a lynch mob

AbuAeesha:

any one that acquires it illegally won't mind how much it depreciates. never worked hard for it

aieromon:


https://www.thisdaylive.com/index.php/2022/06/24/icpc-raided-house-with-stashed-millions-belongs-to-military-contractor/

effort1:


Your Tinubu, the corrupt, is among those who stack currency for vote buying

omonnakoda:
How is that relevant to this thread and the photograph

aieromon:


https://www.thisdaylive.com/index.php/2022/06/24/icpc-raided-house-with-stashed-millions-belongs-to-military-contractor/

WibusJaga:
.

Why would anyone hoard Naira that the value devalues on daily basis. I'll rather hoard Dollars.

femisplash:

fraud

aieromon:


Bye

omonnakoda:
In order to move this conversation forward please define hoarding
So you imagine that 500 naira note has been under somebody's bed?

Penguin2:
Lol

This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.

Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.

See as 2007 naira note fine.

aieromon:


Look at the picture closely. That is a bundle.

If 2.7 trillion naira out of 3.2 trillion is outside the vaults of the commercial banks, that is currency hoarding.

omonnakoda:

Imagine the nonsense you are talking are bank notes supposed to be in bank vaults? Is that what they are made for?

It does not occur to you that that money could be in the hands of ordinary Nigerians who do not have bank accounts
[b]3 trillion for a population of 200 million works out as 15000 naira per person .on average
Do we have the facilities for cashless transactions?[/b]

aieromon:


I thought I was talking with a learned person.

Wow, bye for the second and final time

Penguin2:
Lol

This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.

Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.

See as 2007 naira note fine.

BreconHills:


bank will even send a bullion van to collect it and return new notes to them next day.

Let's not see every event through the lense of politics

yinkeys:


They’d buy food & gifts in large quantities & hoard
At the end of this money redesign you’d see it’s not the criminals that’d suffer but regular citizens

Coldie:
This would only increase inflation though, cause money in circulation is about to increase like never before.

Toktee:
after 8yrs of his administration that's all you can concert?
Guy abeg excuse me.

Backpedal:


Only thing is ...

There are 100s of other people who are hoping to make this move as well ...
It won't end well