*I am improving the efficiency of the banking system and currency operations.

**Is it popular? I don’t know and frankly don’t care.

**I have a job to do and will do it.

**If I am the target of criticism by Nigerians, they are wasting their time

This is the latest response from the Central bank of Nigeria (CBN) governor, Malam Sanusi Lamido Sanusi on his intended introduction of N5,000 notes and why he will not back down on the policy, irrespective of its unpopularity and rejection by Nigerians.

“My job is to do my best in whatever circumstanceI find myself. I did not choose this time to be CBN governor. If we have fiscal leakages and reserves are crashing and naira weakening I have to tighten naira supply. Interest rates go up everyone attacks SLS. But you can have low rates with high inflation, a weak naira and no reserve buffers. You can’t eat your cake and have it. I am improving the efficiency of the banking system and currency operations. Is it popular? I don’t know and frankly don’t care. I have a job to do and will do it.


The problem is that the CBN is the only institution doing anything. Roads are not being built. We have no new airports. No progess on new power plants. No rail lines. So every time we do something all hell breaks loose.


Governance is not about seeking popularity. The only thing that will stop this is a solid argument proving that the costs outweigh the benefits. But when people start fabricating falsehood such as those claiming a bill of N40b for new notes they obviously are not interested in the nation or policybut have other targets.
If I am the target I wish them luck. But they are wasting their time”. – Sanusi Lamido Sanusi.


http://dailypost.com.ng/2012/09/15/introduction-n5000-note-nigerians-wasting-time-sanusi-lamido/

Na wetin CBN autonomy dey cause!! He is acting like a president! Even GEJ can't query or stop him easily.

The Man in the picture looks so hungry...
Our CBN governor should help him out...

billante: Na wetin CBN autonomy dey cause!! He is acting like a president! Even GEJ can't query or stop him easily.

Who is AUTONOMY

billante: *I am improving the efficiency of the banking system and currency operations.

**Is it popular? I don’t know and frankly don’t care.

**I have a job to do and will do it.

**If I am the target of criticism by Nigerians, they are wasting their time

This is the latest response from the Central bank of Nigeria (CBN) governor, Malam Sanusi Lamido Sanusi on his intended introduction of N5,000 notes and why he will not back down on the policy, irrespective of its unpopularity and rejection by Nigerians.

“My job is to do my best in whatever circumstanceI find myself. I did not choose this time to be CBN governor. If we have fiscal leakages and reserves are crashing and naira weakening I have to tighten naira supply. Interest rates go up everyone attacks SLS. But you can have low rates with high inflation, a weak naira and no reserve buffers. You can’t eat your cake and have it. I am improving the efficiency of the banking system and currency operations. Is it popular? I don’t know and frankly don’t care. I have a job to do and will do it.


The problem is that the CBN is the only institution doing anything. Roads are not being built. We have no new airports. No progess on new power plants. No rail lines. So every time we do something all hell breaks loose.


Governance is not about seeking popularity. The only thing that will stop this is a solid argument proving that the costs outweigh the benefits. But when people start fabricating falsehood such as those claiming a bill of N40b for new notes they obviously are not interested in the nation or policybut have other targets.

If I am the target I wish them luck. [size=18pt]But they are wasting their time”. – [/size]Sanusi Lamido Sanusi.


http://dailypost.com.ng/2012/09/15/introduction-n5000-note-nigerians-wasting-time-sanusi-lamido/

[size=18pt]GBAM[/size]
SLS,YOU HAVE MY SUPPORT.
“When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do.” William Blake


[size=13pt]
“The masses have never thirsted after truth. Whoever can supply them with illusions is easily their master; whoever attempts to destroy their illusions is always their victim.” Gustave Le Bon,

---

[/size]

Him de craze oooo, which kind foolish autonomy. Governor of CBN or whatever, it's Nigeria we are talking about here, without the Nigeria people what is CBN and who is Lamido himself? Apari

[img]https://www.nairaland.com/attachments/821750_Sanusi-Lamido-Sanusi_jpgd7f4b1946fe00e56d3dcc41ebe7744dd[/img]

Why is this man's forehead so wrinkly? He's only 51.

Every time I come across a picture of his overly wrinkled forehead I cringe a little.

PhysicsQED: [img]https://www.nairaland.com/attachments/821750_Sanusi-Lamido-Sanusi_jpgd7f4b1946fe00e56d3dcc41ebe7744dd[/img]

Why is this man's forehead so wrinkly? He's only 51.

Every time I come across a picture of his overly wrinkled forehead I cringe a little .

you know what I'm thinking. Experience

^^^
I don't get it. What do you mean?

I doubt anyone can find a picture of a 50 year old black man from anywhere in the world whose forehead is that wrinkled. You'd probably have to find someone in their 70s or 80s at least.

Your age range

esere826: Your age range

Are you serious? I'm probably younger than you.

"Only 51" in that context doesn't mean 51 is actually young. It means 51 is too young for him to have such a wrinkly forehead. Sanusi is more than twice my age but the lines on his forehead are more like what you'd see on a man four times my age.

PhysicsQED: I doubt anyone can find a picture of a 50 year old black man from anywhere in the world whose forehead is that wrinkled. You'd probably have to find someone in their 70s or 80s at least.

In Nigeria, many of have 2 ages. The first is official, the other is the real one. So just place him between 55 to 65, and you might be correct

esere826:

In Nigeria, many of have 2 ages. The first is official, the other is the real one. So just place him between 55 to 65, and you might be correct

Well I took his age as what I saw it listed as in most places, but it's true that he might actually be older than what is officially listed.

Sanusi has become a god to himself.

PhysicsQED:

Are you serious? I'm probably younger than you.

"Only 51" in that context doesn't mean 51 is actually young. It means 51 is too young for him to have such a wrinkly forehead. Sanusi is more than twice my age but the lines on his forehead are more like what you'd see on a man four times my age.

The underlying message is: Dude ur extremely brilliant

This is the kind of person Nigeria need who doesnt care what fools will say.Sanusi is the man.

I have my issues with Sanusi but if someone is nominated for a job and screened by our Senate and found worthy of such office, we should be gracious enough to let them DO THE JOB. The law has empowered this guy, by virtue of his office to take decisions that will advance the country economically and what he is doing is within the limit of his powers, so lets not do his job for him...let him do the job we put him there to do!!! This place is not a jungle.

https://www.youtube.com/watch?v=aWks6x_McWE

5000 naira note: Who has the final say?

Suppose instead of introducing an N5000 note, he redenominates the currency, removing two zeros.

So you exchange N100 for a "new naira."

Would anyone be opposed to the latter?

So how can the latter be OK but introducing an N5k note be insane?

Are they not effectively the same thing?

Sanusi is so wicked and arrogant

GARRI (x7):
The Man in the picture looks so hungry...
Our CBN governor should help him out...

you get sence at all? CBN look hungry? E be like say dem don mix amala with salad for u. Ode

ekt_bear: Suppose instead of introducing an N5000 note, he redenominates the currency, removing two zeros.

So you exchange N100 for a "new naira."

Would anyone be opposed to the latter?

So how can the latter be OK but introducing an N5k note be insane?

Are they not effectively the same thing?

we are well known for being hypocrite or knowingly ignorant!!!

ekt_bear: Suppose instead of introducing an N5000 note, he redenominates the currency, removing two zeros.

So you exchange N100 for a "new naira."

Would anyone be opposed to the latter?

So how can the latter be OK but introducing an N5k note be insane?

Are they not effectively the same thing?

Are these not the same people who shouted no when Soludo wanted to re denominate the currency? Now they want re denomination.

PhysicsQED:

Are you serious? I'm probably younger than you.

"Only 51" in that context doesn't mean 51 is actually young. It means 51 is too young for him to have such a wrinkly forehead. Sanusi is more than twice my age but the lines on his forehead are more like what you'd see on a man four times my age.

Them this idiots don change the topic

I reckon if it was Soludo proposing this idea, it would be the best thing since slice bread!!

PhysicsQED: I doubt anyone can find a picture of a 50 year old black man from anywhere in the world whose forehead is that wrinkled. You'd probably have to find someone in their 70s or 80s at least.

Whats this?

JUST LEAVE HIM
,TIME WILL TELL

He is an educated nd foolish economist all these cattle rearers that doesnt no anything.

segunfunmi: JUST LEAVE HIM
,TIME WILL TELL

tell wetin?

How and y shld sanusi impose on us is he ok at all?watz the meaning of we r wasting our time this is why i keep saying we are having a false democracy if we can't say wat we want and get it done that way then this is rubbish democracy

Frank-C:
I have my issues with Sanusi but if someone is nominated for a job and screened by our Senate and found worthy of such office, we should be gracious enough to let them DO THE JOB. The law has empowered this guy, by virtue of his office to take decisions that will advance the country economically and what he is doing is within the limit of his powers, so lets not do his job for him...let him do the job we put him there to do!!! This place is not a jungle.

Yeah! You have a point there. And I was about saying the same thing.

Let me just add that later in life, posterity will judge him.

Quiet frankly, I don't have issues with the N5000 thing but the redinomination of some currencies to coins. That's where I see some infractions. We all have the experience with N1 and K50. That's my fear.