seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. After the election, Asiwaju Bola Tinubu will reverse the inhuman policy.

so u stilldey consider same party wey put us in same mess

Saying the CBN is under it's worst leadership since inception is an understatement.

You tell customers to bring money to deposit at CBN?

Emefiele, your MUMU get NAFDAC and SON certificate.

A good policy which has been poorly implemented

inoki247:



Then after being a Nigerian this week you will go back to Biafra Next week after election result....

Not everyone is Biafra or Igbo. Don’t be stupid.

Thewrath:
if he doesn’t need the old notes,why then are the apc governors worried? Do you know how much old notes was stashed for vote buying?

They need to speak up because it will affect their votes. People are madly angry and if they revolt, it will only affect APC governors because there will be vengeance at the polls.

During EndSars protest, the governors also spoke up because it affected them and that is why they all set up panel of enquirers and etc.

Peter Obi just few days ago tweeted that Nigerians should be angry at the naira issue, he instructed them to take their anger to the poll to vote against APC. That is what Atiku/Obi are banking on.

If it’s about vite buying alone, those governors have $$ stashed, if everything come to worse, you go dey see $$ fly everywhere.

Goke7:


If people are smart, they should keep their notes so they still have something with them. Buhari and CBN are already panicking

sense no go kill you

seunmsg:



And what’s the big deal in filling a form online and generating a code? We’ve filling forms and generating IRR before making payments to TSA, Remita etc so what’s the difference?

Are you minding destroyers of Nigeria. He just wants to discourage others

Thewrath:

The essence of the money stashed by politicians is for vote buying…cbn know people they are targeting

Then politicians already defeated them with this new directive to the commercial banks

salesbloo:
You see why APC Governors are right



Emefiele is a clown

I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account


Redesign Policy is completely defeated.

No individual can generate more than one code.

Overcrowding don make CBN share work with other banks .


Nigeria confused people

XendersPride:

Not everyone is Biafra or Igbo. Don’t be stupid.

LoL if you like be or not after the election you will find yourself a country since it won't go your own way....

missuzoma:
Key highlights from the Banker's Committee meeting held today on the Naira Redesign

1. The old 200 naira will still be legal till April 10th 2023.

2. The old 200 naira and the new 500 and new 1000 will continue to be in circulation till 10th of April 2023.

3. The old 500 and the 1000 can be deposited into commercial bank just once within the 60days extension.

4. A new App will be developed by CBN to enable customer to make the one off deposit within the extended 60 days.

5. A customer cannot make more than 500k deposit within this period and it cannot be splited.

6. Customer making above 500k will have to visit the CBN.

7. You cannot receive value for the deposit immediately because the money will go to a CBN GL.

8. You can only receive value Upon remittance and confirmation from CBN.

These are the rules

tariwalters:
Orders flying here and there.

haha... if this is orders have been flying on the kidnappings, and insecurity, by now even spirits would have been afraid of Nigeria...

[quote author=Bluntemperor post=120989327]

Mr Emefiele is trying the Masses anger, for locking down their Money and he started telling' them stories!
Why are we like this ,as a Nation?
Why can't we be truthful in all we do?
Why should the Masses be suffering while the CBN Governor and his entourage are spending New Notes,while even the Old Notes summited by their directives are not replaced immediately with the New ones?
Shame!

No, they are not suffering the masses. When I told some fellows that the pains these confused decisions go straight to the masses, some people told me it's a lie.

tommy589:
Policy summersault

Don't they think this through before activating it? Imagine a policy IMF and other financial institutions condemns

Policy summersault is always predictable with those people in power because they are known for test running policies like the way digital marketers test run ads.

inoki247:



LoL if you like be or not after the election you will find yourself a country since it won't go your own way....

Nigeria is my country.

Goke7:


If people are smart, they should keep their notes so they still have something with them. Buhari and CBN are already panicking

You are on your own oga

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. After the election, Asiwaju Bola Tinubu will reverse the inhuman policy.

Learn to speak without crying.

missuzoma:
Key highlights from the Banker's Committee meeting held today on the Naira Redesign

1. The old 200 naira will still be legal till April 10th 2023.

2. The old 200 naira and the new 500 and new 1000 will continue to be in circulation till 10th of April 2023.

3. The old 500 and the 1000 can be deposited into commercial bank just once within the 60days extension.

4. A new App will be developed by CBN to enable customer to make the one off deposit within the extended 60 days.

5. A customer cannot make more than 500k deposit within this period and it cannot be splited.

6. Customer making above 500k will have to visit the CBN.

7. You cannot receive value for the deposit immediately because the money will go to a CBN GL.

8. You can only receive value Upon remittance and confirmation from CBN.

Do you want to withdraw the new notes

Why still insist on people filling forms online? Can market women petty traders do so?

Buhari4sale:
Cool, I'm going back to that place again tonight

The girls didn't collect old notes from customers last night. I need to fvck badly.

Ah so this thing no reach u

Sodiq3:
CBN simply wants to direct the public anger towards the banks. Nigerians are already besieging CBN and they know that anything can happen from there.

na madness dey worry those cbn guys.with the number of commercial banks on ground,they get overwhelmed with crowd,they now directed the crowd to their single branches in each state,is like those guys don't live in Nigeria.they don't know the reality on ground,that's y dey end up messing things up

So they knew that the process was stressful
this people ☹️
🚶🚶
Governors will definitely win.

ObiDatti85:
Overcrowding don make CBN share work with other banks .


Nigeria confused people

Na the cbn app kuku vex riot .leave work for them

Cbn just run

tolue42:


Then politicians already defeated them with this new directive to the commercial banks

Is it 500k which is the maximum amount each person can pay and it’s just once you can pay in old notes till April 10th each politician stashed? We are talking about politicians hoarding notes in billions here.

salesbloo:
You see why APC Governors are right



Emefiele is a clown

I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account


Redesign Policy is completely defeated.

Lol. And think the money will be immediately deposited into your account? The normal vetting process will still follow. You can't fool the system, as NFIU can easily traced your transactions via your BVN.

General029:
So they knew that the process was stressful
this people ☹️
🚶🚶

Emefiele was making mouth na


How to increase the new notes.him Neva talk o

Buhari4sale:
Cool, I'm going back to that place again tonight

The girls didn't collect old notes from customers last night. I need to fvck badly.

Hell fire straight Jesus is coming soon

So if say I die yesterday cos of old note na so I for die in vain

Spherica177:
it is a legal tender from the directive of CBN

I can collect old notes as a business man and go deposit in any commercial banks

So you will be going to the bank every time? Joke is on you sir

We need 2 of Emefiele in Nigeria. This drama is unmatched, premium confusing since January.

salesbloo:
You see why APC Governors are right



Emefiele is a clown

I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account


Redesign Policy is completely defeated.

mumu

are all the accounts not tied to one BVN number?? that can be traced. you no get sense.