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texazzpete (m)
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If the CBN was concerned about notes being clean, the new notes would have been polymer notes.
GBA!! End of story. That's why now it's almost impossible to find a crispy clean 5 naira note unless you check the mint. The new notes were the smaller denominations, the bulk of which are handled by the lower middle class and below.
Yup! And if the Abia state government wanted the Aba people not to keep building pyramids of garbage on the expressway, they should have given every Aba resident garbage cans. Right? the excuses we find for crime in this country. . .
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Kobojunkie
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I've never said you had no clue what's happening in Nigeria. kindly show me where i said that.
I said you do not pay taxes to the Nigerian Government. So it's no wonder you're unmoved by unneccesary diversion of taxpayers money to repair naira notes worn down by activities you overtly support.
How do you know I do not pay taxes in Nigeria??? There you have the table, how did you come to the conclusion that I am not unmoved by this?? So the very fact that I would prefer the government adopt better money printing techniques instead of trying to impeach on the people's freedom means I am UNMOVED??? come on!!!
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dee02 (m)
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If not for the fact that Sunny Ade is my friend's father and a respectable elder, i would have swore "thunder fire his mouth", but i would expect elders to think before they talk, afterall flies think before they perch of fresh shit!
That crazy culture of spraying money has to stop!With all the problems in the country, some dysfunctional human beings do not have respect and regards, all dey do is ponce around with their big pouts and throw money like it aint nothing,
if people are so interested in flaunting wealth, then why not attend to more pressing issues in order to move the nation forward,
It is a shame and it needs to stop point blank, to cap it all, some of these money throwers go home and start gnashing their teeth "lamenting about flexing borrowed money to pull effect"
Anyone caught throwing money about should be made to lick them off the floor with their own mouth and chew it, with a satchet of pure water provided to digest it OR be shot pointblank at close range, that way they would appreciate it better or what do you all think nairalanders?!
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Kobojunkie
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nightrider Posts: 854
Offline
Re: "You Can't Ban Spraying, It's Our Culture" - KSA To Soludo « #45 on: Today at 03:58:11 PM »
-------------------------------------------------------------------------------- The only reason Nigerians spray the naira is cause it ain't worth much anyway. Take a look at that picture above. What is the tru value of N 10, N50, N100 . So anyone can just dip into his pockets pick up a hand full and throw it on someone's head.
The value of the Naira should be increased. When a man knows how much that shit is worth, he wnt throw it around anyhow
I happen to agree with your reasoning for why people trample those notes. I mean try change up the notes with Euros or dollars and the reaction might be different.If the CBN would spend more time uping the value of the naira and less time trying to legislate to the people what they can do with their money and what they can not, may be we might be able to get a change in the trend. If I was at a party where dollars were sprayed and being trampled like that, I would dive in to pick those suckers up for self.
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texazzpete (m)
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How do you know I do not pay taxes in Nigeria??? There you have the table, how did you come to the conclusion that I am not unmoved by this?? So the very fact that I would prefer the government adopt better money printing techniques instead of trying to impeach on the people's freedom means I am UNMOVED??? come on!!!
Good. So instead of the cheaper step of instilling public discipline and acountability by banning the terrible act of spraying money (among other means of defacing the Naira), you advocate Nigerian taxpayers money be used to re-print and recirculate much of our currency, right? This, despite the well-documented fact the printing polymer notes costs way more than paper currency? Your past posts have indicated you live and work in the US. ergo, it's easy to conclude that you do not pay taxes to Nigeria. If you were doing so, you'd have refuted my assumption. Now, tell me something i do not know. in your opinion how many cellotaped dollar notes have you come across in the US? This for my personal enlightenment even if it doesn't prove my point, so please reply.
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texazzpete (m)
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I happen to agree with your reasoning for why people trample those notes. I mean try change up the notes with Euros or dollars and the reaction might be different.If the CBN would spend more time uping the value of the naira and less time trying to legislate to the people what they can do with their money and what they can not, may be we might be able to get a change in the trend. If I was at a party where dollars were sprayed and being trampled like that, I would dive in to pick those suckers up for self.
Spraying money is a thing of ostentation, to flaunt wealth to ll and sundry. Believe me, dollars WILL get sprayed if you're in the right party. Does anyone really think polymer noted don't get defaced/dirty when trampled upon?
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2old4that (m)
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i strongly agree with the law. . . just to give our Naira the dignity its deserved like other currencies. I wonder how people think dancing on money, rubbing it against the floor while partying is a nice thing.
Ah!
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Kaestro (m)
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"Hard earned money" I hear some people say.How unfortunate majority of us Nigerians show less regard for the essence of spending.I don't think any typical Nigerian (rich or otherwise) can ever ever run out of important issues to solve with their wealth. For those having weddings and other celebrations ,are you saying you're not quite up to it so much you have to scramble for what is sprayed on you?
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texazzpete (m)
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"Hard earned money" I hear some people say.How unfortunate majority of us Nigerians show less regard for the essence of spending.I don't think any typical Nigerian (rich or otherwise) can ever ever run out of important issues to solve with their wealth. For those having weddings and other celebrations ,are you saying you're not quite up to it so much you have to scramble for what is sprayed on you?
that's what they are saying  Me, i look forward to opening gifts given to me, not to engage my siblings in picking up grubby money from the floor.
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DL (m)
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If soludo is really fighting against the abuse of the naira, then he's chosen a wrong place to start.Why? the notes being sprayed (as we call it) at occasions are usually mint.No one sprays dirty old notes,even though some of them get rumpled in the process of retrieving them from the floor. The truth is money spraying accounts for only about 3% of the naira abuse (JUST TO BE FAIR TO HIM).The real abusers are local traders and the almighty notorious DANFO BANDITS.
In actual fact, they can't be stopped and I think that's why he's chosen an easier route to his campaign.
No doubt, I appreciate his efforts but, i'm afraid it might not work.
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Hot.Funmi (f)
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By Zigam Spraying! Spraying!! All is just “notice me syndrome” of how Nigerians place wealth above other things. Is there anything wrong if you walk up to the couple(s) on that wedding day and handover your money behind closed-door? Must everybody notice how long you have been spraying the Naira?
A great deal I will say that KSA displayed backward mentality, I must also add that the greatest abuse our Naira suffer is its valueless and pointless looting by our heartless leaders. 5 stars By TexasPete, Good. So instead of the cheaper step of instilling public discipline and acountability by banning the terrible act of spraying money (among other means of defacing the Naira), you advocate Nigerian taxpayers money be used to re-print and recirculate much of our currency, right? This, despite the well-documented fact the printing polymer notes costs way more than paper currency?
Your past posts have indicated you live and work in the US. ergo, it's easy to conclude that you do not pay taxes to Nigeria. If you were doing so, you'd have refuted my assumption.
Now, tell me something i do not know. in your opinion how many cellotaped dollar notes have you come across in the US? This for my personal enlightenment even if it doesn't prove my point, so please reply. more stars By Dee02, If not for the fact that Sunny Ade is my friend's father and a respectable elder, i would have swore "thunder fire his mouth", but i would expect elders to think before they talk, afterall flies think before they perch of fresh shit!
That crazy culture of spraying money has to stop!With all the problems in the country, some dysfunctional human beings do not have respect and regards, all dey do is ponce around with their big pouts and throw money like it aint nothing,
if people are so interested in flaunting wealth, then why not attend to more pressing issues in order to move the nation forward,
It is a shame and it needs to stop point blank, to cap it all, some of these money throwers go home and start gnashing their teeth "lamenting about flexing borrowed money to pull effect"
Anyone caught throwing money about should be made to lick them off the floor with their own mouth and chew it, with a satchet of pure water provided to digest it OR be shot point pointblank at close range, that way they would appreciate it better or what do you all think nairalanders?!
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Kobojunkie
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Good. So instead of the cheaper step of instilling public discipline and acountability by banning the terrible act of spraying money (among other means of defacing the Naira), you advocate Nigerian taxpayers money be used to re-print and recirculate much of our currency, right? This, despite the well-documented fact the printing polymer notes costs way more than paper currency?
Your past posts have indicated you live and work in the US. ergo, it's easy to conclude that you do not pay taxes to Nigeria. If you were doing so, you'd have refuted my assumption.
Now, tell me something i do not know. in your opinion how many cellotaped dollar notes have you come across in the US? This for my personal enlightenment even if it doesn't prove my point, so please reply.
I am a contractor when it comes to my job here but I own a Nigerian business and do pay taxes in Nigeria. There is a reason why people respect the dollar over the Naira. I can give you some reasons why you do not see a lot of taped up notes in America. 1) A dollar is still worth much here and having a straight dollar bill will give you easier access to items in vending machines, LMAO!!! 2) http://www.moneymuseum.com/standard_english/raeume/geld_machen/werkstatt/papiergeld/papierdruck/papierdruck_unten.htmlhttp://wiki.answers.com/Q/What_is_a_US_dollar_bill_made_of3) Millions of dollar notes are trampled each day in this country. We should ask why and how come the notes are not recycled as much as we recycle ours and what we can do to improve ours.
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Kobojunkie
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"Hard earned money" I hear some people say.How unfortunate majority of us Nigerians show less regard for the essence of spending.I don't think any typical Nigerian (rich or otherwise) can ever ever run out of important issues to solve with their wealth. For those having weddings and other celebrations ,are you saying you're not quite up to it so much you have to scramble for what is sprayed on you?
Yes, what is so hard to understand that people who earn their money should be allowed to throw it as they choose?? What has spraying money to do with how the money is spent?? If I spray money on a bride and his groom, what in the world makes you think that money will not be spent for a good cause??? What has spraying money to do with solving important issues with people's wealth?? Is this not a case of trying to make a case for potatoes when we are talking of pots and pans??? HUH?  Infact, what has SPRAYING MONEY TO DO WITH NO RESPECTING MONEY?  ? How did you make that GIANT LEAP? 
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coolkaboom (m)
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i personally don't believe in spraying but having said that, people have d right to do as they please so long as they don't offend anybody. (no victim, no crime)
in my opinion, d real crime is d amount of tax-payers money expended on the production and launch of those useless Soludo's coins. i stand to be corrected, bet when was d last time anybody saw a coin, talk less of used it to buy anything, it can't buy a stick of chewing gum, yet d baba-alwawo of CBN finds it necessary to have them in circulation. now he has d nerve to try and correct d way we use our hard earned pepper? he is a jobless man seeking relevance, d guy should shut-up.
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nuzo (m)
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If soludo is really fighting against the abuse of the naira, then he's chosen a wrong place to start.Why? the notes being sprayed (as we call it) at occasions are usually mint.No one sprays dirty old notes,even though some of them get rumpled in the process of retrieving them from the floor. I want to believe that you don't understand the topic in discussion; but if i must guess, then you have just stated one of the reasons the law should come to stay. The truth is money spraying accounts for only about 3% of the naira abuse (JUST TO BE FAIR TO HIM).
Where did you get your stats from and how are you being fair to him by placing wrong number or %tage here? I advice you to go through second page and see where somebody posted a part of the law. It's not only meant for sprayers alone, it's for anybody who rough handles money; be it danfo driver, mamaput or the beggars on the street.
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Kobojunkie
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I want to believe that you don't understand the topic in discussion; but if i must guess, then you have just stated one of the reasons the law should come to stay.
Where did you get your stats from and how are you being fair to him by placing wrong number or %tage here?
I advice you to go through second page and see where somebody posted a part of the law. It's not only meant for sprayers alone, it's for anybody who rough handles money; be it danfo driver, mamaput or the beggars on the street.
Show us stats that show he is wrong then. Not just blow his argument off as if it is not true when you are not willing to show us information that shows that is not the case. I for one am of the mind that majority of the abuse the naira gets actually comes from daily handling and not from trampling of sprayed money.
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4 Play (m)
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i personally don't believe in spraying but having said that, people have d right to do as they please so long as they don't offend anybody. (no victim, no crime)
Not if you consider the cost of constantly re-printing currency notes to replace the ones Nigerians are quick to damage in exercise of their "rights" to damage Naira notes.
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Kobojunkie
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Not if you consider the cost of constantly re-printing currency notes to replace the ones Nigerians are quick to damage in exercise of their "rights" to damage Naira notes.
Question here should be why are we constantly re-printing these notes when they are simply trampled after being sprayed or even at other occassions. Why should trampling our notes demand reprinting of the notes?? Why are the notes not durable enough to withstand trampling and other wear and tear of any sort?? Why are these notes of such low quality that trampling them or even handling them in any way can ruin them?? What good is the currency if it can not withstand much??? Is attacking people's rights to handle the money really the solution?  Should we not instead produce notes that should be able to adapt to the way people handle them instead?? Don't you think that will be the better way to save the country money instead of trying to restrict people in what they can or can not do with money?? I mean what next?? We have a law that says we should make sure to wash our hands before we handle money ???LMAO!!!
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4 Play (m)
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Currency notes were not meant to be trampled on.Why should we ask the Govt to produce "trample-proof" currency notes when the real issue is,unlike in developed nations,we simply have a penchant for rough handling our Naira notes
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Kobojunkie
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Currency notes were not meant to be trampled on.Why should we ask the Govt to produce "trample-proof" currency notes when the real issue is,unlike in developed nations,we simply have a penchant for rough handling our Naira notes
Currency notes are not meant to be trampled on?  ? Where did you get that one from?? So according to you, currency notes are not meant to be trampled on and so we should ban people from trampling on the money even if mistakenly, they should be fined?? WOW!!! http://en.wikipedia.org/wiki/MoneyI was going to pull my econ text from College for you to read and all cause I have never heard the line that currency notes are not meant to be trampled on as reason for a law against trampling. Money is supposed to be durable and able to withstand daily wear and tear which should include trampling, stains from mamaput and sweat and the lot, that is why countries take time to research quality materials to use in the minting of their money so as to increase it's lifespan and maintain it's value. So tell me again why banning people from handling money when they are sweating or trampling money and worse spraying it is the better way to go again?  Heck ban people from putting their money in anything less than silk Wallets of the exact same size as the bill ?? Maybe we will have the naira last longer that way and the people will eventually love it more.
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nuzo (m)
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Show us stats that show he is wrong then. Not just blow his argument off as if it is not true when you are not willing to show us information that shows that is not the case. I for one am of the mind that majority of the abuse the naira gets actually comes from daily handling and not from trampling of sprayed money.
I have not mentioned of having the stats. I only mentioned that he is not being fair as he claimed to be. However, like i said before, trampling on naira note is not the only reason the CBN made the law. I respect your opinions, but it's a pity you have been sounding hypocritical here. You have not even mentioned why you will not spray naira notes. Currency notes were not meant to be trampled on.Why should we ask the Govt to produce "trample-proof" currency notes when the real issue is,unlike in developed nations,we simply have a penchant for rough handling our Naira notes
I guess Nigerians will want to see America pass the law before they can see any meaning in it.
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4 Play (m)
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@kobo What has the wikipedia link and your econs textbook got to do with trampling on currency notes? You seem to attribute the problem to the quality of notes used by Nigeria.Unless you can produce any evidence showing that the quality of notes used by Nigeria down the years is uniquely poor,spending ever more money on producing higher quality notes will be a hare-brained response-a classic case of treating the symptoms of an ailment instead of its root cause. If Nigerians treated the dollar,sterling or Euros(which they won't anyway) the way they treated their Naira,the same problems will arise with those currencies leading to higher costs for the Govt.What is needed is a change in behavior by Nigerians not pumping more money to improve the quantity and quality of our notes
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lonelypal (m)
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???I simply dnt get it, why do MOST Nigerians find it difficult to understand the need for us to learn to do things the rightway, ?
Nobody is against the making of nw policies and enactment of nw laws but the bone of contention is how far this policies and laws have been implemented and enforced respectively, I wasnt surprised to see the so called naira spraying law flouted the other day at a minister's weddin ceremony for her daughter.
For better imlementation and enforecement of this laws there is need for us(includin those with the powers that be) to have a second thought on change of attitude towards critical issues like this. wats is wrong should be i.d frm what is right, no sentiments or culture concepts should dictate the basis for arrivin @ such decisions.
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doyin13 (m)
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@4play Considering your libertarian bentI can't believe you would ever support such a law the cost of replacing damaged notes. Is that really the argument. . .? 
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Kobojunkie
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I have not mentioned of having the stats. I only mentioned that he is not being fair as he claimed to be. However, like i said before, trampling on naira note is not the only reason the CBN made the law.
I respect your opinions, but it's a pity you have been sounding hypocritical here. You have not even mentioned why you will not spray naira notes.
I guess Nigerians will want to see America pass the law before they can see any meaning in it.
WHat has my not wanting to spray to do with being hypocritical?? I do not spray cause I am not much into stuff like that but I do not see why my not being into such means I should support illogical laws that deny people the right to want to engage in such. I am reserved when it comes to things like such but I will not deny the people their right cause of my personal shortcomings or whatever anyone wants to call them in this case. Just cause I do not party does not mean I should support laws that ban people from being able to party. What the heck has that to do with being hypocritical in any way shape or form??? I do not believe we need to do things as America does it . I believe instead we should do things with common sense. Why is it better to ban people from handling the naira as they do than it is to demand that the CBN produce bills that are durable and able to withstand daily wear and tear and still retain it's value over a long period?  Should we ban dogs from pooping cause we have to clean up after them when they poop???
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4 Play (m)
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@doyin13 I don't support the law.I do however appreciate fully the rationale behind it. just being my usual nitpicking self 
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bawomolo (m)
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although it's unethical as per my personal opinion. people should be allow to spray and strain the naira notes as much as they want but they should also be ready to assume the costs that comes with printing currency notes. these kind of values shouldn't be legislated.
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bawomolo (m)
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Why is it better to ban people from handling the naira as they do than it is to demand that the CBN produce bills that are durable and able to withstand daily wear and tear and still retain it's value over a long period?
and who is going to assume the cost of producing such bills?
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Kobojunkie
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@kobo What has the wikipedia link and your econs textbook got to do with trampling on currency notes? You seem to attribute the problem to the quality of notes used by Nigeria.Unless you can produce any evidence showing that the quality of notes used by Nigeria down the years is uniquely poor,spending ever more money on producing higher quality notes will be a hare-brained response-a classic case of treating the symptoms of an ailment instead of its root cause. If Nigerians treated the dollar,sterling or Euros(which they won't anyway) the way they treated their Naira,the same problems will arise with those currencies leading to higher costs for the Govt.What is needed is a change in behavior by Nigerians not pumping more money to improve the quantity and quality of our notes Those links were to show you that your idea that money is not meant to be trampled on is just same as me claiming money is not meant to be sweated on but it happens and it should be one of the factors to be considered when deciding what material we should use in making the money in the first place. Unless you can show me evidence to say otherwise, then my stand remains. This is not rocket science my brother, this is simple logic. If Countries A and B each have currencies that undergoes the same wear and tear daily but Country A's currency seem to need replacement more often than Country B's currency does, I would think the first place we would need to look is the quality of country A's currency to find out what the heck is going on. LMAO!!!! Again, Millions of dollars and euros are sprayed each night across countries and states and a portion of those bills are trampled during that same. BUT we do not see same laws being made in those countries. To Assume that trampling of currency notes is just a Nigerian thing is rubbish. If you have ever been to vegas strip clubs,you will note that it happens often down there everyday.
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Kobojunkie
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Why is it better to ban people from handling the naira as they do than it is to demand that the CBN produce bills that are durable and able to withstand daily wear and tear and still retain it's value over a long period?
and who is going to assume the cost of producing such bills?
Who is already dealing with the bills from constant reprinting of the bills as we speak??? Is saving money in the long run by producing bills that are more durable really worse for the Nigerian people  LMAO!!!! I mean I would think it would make more sense to spend the money now to produce bills that would only need to be recycled say every 10 years than to spend money producing bills that will need to be recycled every year, just saying!!
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bawomolo (m)
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Who si already dealing with the bills from constant reproduction of the bills as we speak??? Is saving money in the long run by producing bills that are more durable really worse for the Nigerian people Huh LMAO!!!!
the question still remains. who would account for the short term costs??
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Kobojunkie
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Who si already dealing with the bills from constant reproduction of the bills as we speak??? Is saving money in the long run by producing bills that are more durable really worse for the Nigerian people Huh LMAO!!!!
the question still remains. who would account for the short term costs??
I do not know about you but I would rather we start doing things right way Now than continuing doing things the wrong way under the whole fear of having to pay more to get it right and near perfect once and for all.
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