#5000 Note,not Meant For The Poor Masses - Politics - Nairaland
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| #5000 Note,not Meant For The Poor Masses by samguru(m): 5:08pm On Sep 05, 2012 |
The National Planning Minister, Shamsudeen Usman, has said that the proposed N5000 note is not for mass circulation. He said the N5,000 note was meant for banks and heavy cash users. The minister said his after the meeting of the Economic Management Team (EMT) presided over by President Goodluck Jonathan. It was during this same meeting that the Federal Government formally endorsed the introduction of the note despite the criticism that has greeted its introduction. |
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