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Scarcity Of The Lower Denomination Of Naira Notes In Circulation - Business - Nairaland

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Scarcity Of The Lower Denomination Of Naira Notes In Circulation by popin5(m): 11:52pm On Oct 27, 2012
It has been frustrating and torturing to traders, bus drivers and the average Nigerians to transact and recieve complete balance for goods/services paid for. The reason is that the N5, N10, N50 and even N100 denomination are scarce and i hope it does not go extinct while it is still the currency in use. This phenomenum has and is still creating scenes in the market, shops, buses etc. Please help us appeal to CBN (Mr Sanusi and co), Minister of finance and all the figures that can influence the injection of more cash to come to our aid immediately. These scarce denominations that are used to pay customers in commercial banks have a good percentage of the notes in a bundle mutilleted. Nairalanders, if you know anybody in position that could speedup this process, please convince them to do so immediately.

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