The Missing Billions! Where Did It All Go? - Business - Nairaland
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| The Missing Billions! Where Did It All Go? by internetpirate: 12:42am On Mar 20, 2015 |
Have you ever wondered what happens to the change we never collect? The outstanding N1, or 50k etc that never gets paid because of lack of change? If you examine it against the size of our GDP (a measure of our transactions) it is mind boggling; it is so bad these days that waiters and all forms of attendants never seem to have change..even when the change is as large as, N200!!! The most annoying are the banks and other financial institutions!! Where are these monies? |
| Re: The Missing Billions! Where Did It All Go? by odimbannamdi(m): 9:32am On Mar 20, 2015 |
"if only i can devise a way to get 1naira from half the population of Nigeria (85million) every blessed day, i would succeed in making 85milion naira everyday without making any one feel the impact" thats the motive banks and other "i no get change" peddlers have. truly, if all these Money are calculated, the resulting amount will be mindblowing |
| Re: The Missing Billions! Where Did It All Go? by Nmeri17: 12:30pm On Mar 20, 2015 |
^^^ then open a bank  |
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