The Central Bank of Nigeria has stopped the printing of small denomination Naira notes in polymer because they fade quickly.

The Deputy Governor, CBN, Mr. Tunde Lemo, disclosed this in an interview with the News Agency of Nigeria on Sunday in Washington on the sidelines of the ongoing Spring Meeting of the World Bank and the International Monetary Fund.

He said, “By the middle of the year, we will start to produce the second generation of lower denomination notes, now in paper and not in polymer.”

What is wrong with our government agencies who are working without foresight? They would have gone ahead to print the 5,000 Naira note if not for our numerous protests against it. They printed the polymer note without research on its durability. Now they'll be spending billions of tax payers' money to rectify their mistakes. What do you think of this? Meanwhile continue to read their excuse on this link: http://aproko.me/blind-government-cbn-to-change-polymer-naira-notes-to-paper/

[color=#000099][/color] ;DLol i knew it was only a matter of time this change was gonna take place.

I'm jst tired of this madmen controlling this country, even a madman knows that the nylon note is rubbish except our CB.
Pls God, punish the people that brought this nylon note idea, let them not live to embezzle what they plan to embezzle when we return back to paper note. Amen.