As long as there is no Mohammedan scribble on it, the Jihadic government will not print new ones.

For them any currency in their conquered territory of Nigeria without Islam is Haram

With all the reasons you listed above, why are lesser denominations still being printed? Or is there something I'm missing..

theoldpretender:


1.Islamic inscriptions were removed under Soludo..when OBJ was in charge...and only for N20, N50 notes.

2.GEJ did not remove Isalmic inscription from N1000, N500, N200 notes.

3.And the 'islamic inscription' is the value of the note Hausa in Ajami/Arabic script...not Quoranic inscription. And incase you must know...this Roman script we use to write English in was developed by a people who worshipped idols...and persecuted other beleifs including Christianity.

Arabic is not our official language Mr man
Why should it be on the naira note ?

This is Nigeria.....if you're found in possession of a clean N100 note by the Police, you will be charged n asked to explain where and how you got it........ I weep for my country

Gboy101:
its a lie, how come they still print N50, N20 notes. you are a BMC. the minting contract was awarded to buhari kinsmen hence the hurt the printing of N100 because the previous administration removed the Arabic. and there is already plans to bring back the Arabic in buhari second tome. because doing that now would cause a revolts. terrorist muric have been calling for the hurt if that currency starting its satanic

www.nairaland.com/attachments/7887314_img20180929161431955_jpeg9518e7b3d56975ab3b178765d44a693b

Exactly.

This is one of Nigeria's most disturbing problem , No understanding btw the systems, organizations don't know what to do , they don't know when to do things and how to do it .

Blah Blah Blah .

I then decided that I'd leave Nigeria only to discover that to fvck hoes in Las Vegas is about $400 (N140,000). .

Meet the youngest mechanic in the world, he is just 2 years old
https://www.nairaland.com/4767153/meet-youngest-mechanic-world#71743070

Lilimax:

Arabic is not our official language Mr man
Why should it be on the naira note ?

1.The language on our Naira note is not ARABIC...but Hausa written in the ARABIC SCRIPT.

(Japanese and Korean are also written partly in the Chinese script, as are English, German, French written in the LATIN/ROMAN SCRIPT).

2.Many NorthernHausa still write using the Arabic script in Hausa.....though Hausa is now increasingly being written in the ROMAN/latin script....

3.Hausa is a Nigerian language.iT IS also spoken in many West African countries....Niger, Benin and Ghana are examples.!

4.Anyway...me too I think the Ajami script should go. i am just tired of Nigerians claiming that Arabic=Muslim. So, Al Kitab...the Christian Bible in Arabic is a Muslim book?

At times that 100bucks can be so irritating that I don't what to collect it as change.

Imagine how many people (both the good, bad n ugly) have spend one particular note.

I wash my hands thoroughly whenever I handle a N100 note. They are as dirty as a latrine soak away pit. So much for change.
Useless govt.

Uted

OsuMustGo:
I swear OSU people and their relatives are not ready for leadership and politics in this country.
Anything they lay their hands upon usually crumbles and they keep shouting biaFla

USELESS PEOPLE

Frustration manifests in many ways

I even heard some cohort re-inject the bad notes into the economy when are meant to destroy it. This brings more money into the economy than accounted for. I don't know how true anyways...


When you are asked the difference between BEATING and DEFEAT: Defeat is a respectful beating while Beating is a disrespectful defeat. you see when Liverpool beat PSG, that was a respectful beating but when Sevilla beat Madrid that was a disrespectful defeat. You see Beating will not give you chance to redeem your image, they make you look like you are new to the system. But the OGA at the top is Brutal Beating, this beating after a team suffers it they simply lose half of their fans. that is why when Liverpool was given 5:0 by man city last season, Liverpool Jersey suddenly became scarce on the street. you see when young boys beat Basel 7:1 that is an example of "who is your mate beating". This is the type of beating Lyon will suffer against man city in their next leg and PSG might do the same to their opponent tonight.. Thank you..













lest I forget, one governor in the west just suffered same Beating. Therefore Brutal beating don't just happen to people/teams, it happens to them Alaigborans (stubborn people)....

epistleNow:
If you were told the reason why we done have new N100 naira notes, you will HATE Nigeria more !

But who needs that though.

Better to expend more energy at building an empire than hating.

Please share so we learn

Do you know that changing new currency in different denominations is a business in Nigeria. This shouldn't be. Commercial banks sell mints to people who hold the money until they meet with someone ready to pay for them.
At a market in Lagos, you'll receive N650(in N100 new note) for N1000 old note.
People spray this new notes at occasions. Celebrants then keep the notes to spend at special times. This is also one of the reasons new #100 notes are rearly available.

theoldpretender:
If you want new 100 nara notes

1.Be prepeared for run away inflation...because overexcess of samll denomination naira notes means more money chasing few goods=inflation.

2.Be prepared for our foreign exchange reserve to be drained even more...BECAUSE it costs billions of dollars to print notes..which means less dollars to buffer the naira= inflation.

Better we find ways to improve our forex reserve by...you know...removing subsidies, fighitng kwarruption pery well, industrial development, getting off oil dependency.

thrash

the old notes are simply removed from circulation and new replacement notes bearing thesame serial number is printed.so it can't cause inflation

secondly it does not cost billions of dollars to print 'paper currency'
where did you get this idea from lol

When daura shit hole is not giving him free hand or opportunity to do so

sometimes, I wonder if it isn't the same paper they used in printing the old #100 note that they r using to print the new one coz d old one was really rugged and stood d test of time. back den, rarely would u c see a #100 note get battered quickly like dis new one.

Thank God I'm not the only one experiencing this!The bad notes are every where...And it's so particular with the 100 naira note!smh

theoldpretender:
If you want new 100 nara notes

1.Be prepeared for run away inflation...because overexcess of samll denomination naira notes means more money chasing few goods=inflation.

2.Be prepared for our foreign exchange reserve to be drained even more...BECAUSE it costs billions of dollars to print notes..which means less dollars to buffer the naira= inflation.

Better we find ways to improve our forex reserve by...you know...removing subsidies, fighitng kwarruption pery well, industrial development, getting off oil dependency.

you are just being mischivious ...there is a process for mopping up old notes and replacing them so how come only the 100 naira note is being disregarded

spartan117:

thrash

You flatter me, good sir.

the old notes are simply removed from circulation and new replacement notes bearing thesame serial number is printed.so it can't cause inflation

secondly it does not cost billions of dollars to print 'paper currency'
where did you get this idea from lol

1.We print the lower denominations...ie N100 and below....abroad. It is the N200 and above that are printed in the country via the NSPMC.(The Mint).

2.Naira notes cost money to print....it isn't just printing paper, you also have to put in security features to beat forgers, and also the material has to be long lasting. Add the fact that we have billions of naira in circulation....

3.And we also have to print new notes...in additon to replacing old notes.

4.And this article from 2016 put it well

However, the sources said the high cost of printing banknotes was the reason the apex bank did not give out contracts for their production.

“The cost of printing N50 is almost the same as N1,000. Printing small denominations costs more than the value, and with the present economic situation, it makes sense to print higher notes, which can be done locally by the NSPM,” one of the sources explained.
https://punchng.com/cbn-fails-print-small-naira-notes-one-year/

So you see.

It isn't as easy as it looks.

OneDollarSalary:


https://www.nigerianews.net/godwin-emefiele-print-new-notes/

OP please help me gather all the #100 notes you have.

I need them to be transporting myself for now.

Na beg I dey beg you.

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FarahAideed:


you are just being mischivious ...there is a process for mopping up old notes and replacing them so how come only the 100 naira note is being disregarded

It costs the same to print a N1000 note and a N100 note....and because the lower denomination notes are printed in the country, while the higher denomination notes (N200 and above) are printed outside...it makes plenty sense to save forex and print higher denomination notes.

Mind...mopping up old notes means that we have to make new notes...which in the case for N100 means going out of the country to do so. Then we also have to print new notes...to keep up the money supply...and that is a potential additon to the cost.

(CBN has been doing this from time to time..so it isn't a new thing).

On a side note...we print lower denomination notes outside the country...because they are made of POLYMER...which lasts longer.9 Of course it is more exepnsive.

See the problem?

This article from 2016 has some info

FarahAideed:


you are just being mischivious ...there is a process for mopping up old notes and replacing them so how come only the 100 naira note is being disregarded

It costs the same to print a N1000 note and a N100 note....and because the lower denomination notes are printed in the country, while the higher denomination notes (N200 and above) are printed outside...it makes plenty sense to save forex and print higher denomination notes.

Mind...mopping up old notes means that we have to make new notes...which in the case for N100 means going out of the country to do so. Then we also have to print new notes...to keep up the money supply...and that is a potential additon to the cost.

(CBN has been doing this from time to time..so it isn't a new thing).

On a side note...we print lower denomination notes outside the country...because they are made of POLYMER...which lasts longer.(Lower denomination=heavy use) Of course it is more exepnsive.

See the problem?

This article from 2016 has some info

#100 notes self suffer for this buhari time ooo...

theoldpretender:


1.Islamic inscriptions were removed under Soludo..when OBJ was in charge...and only for N20, N50 notes.

2.GEJ did not remove Isalmic inscription from N1000, N500, N200 notes.

3.And the 'islamic inscription' is the value of the note Hausa in Ajami/Arabic script...not Quoranic inscription. And incase you must know...this Roman script we use to write English in was developed by a people who worshipped idols...and persecuted other beleifs including Christianity.

Abeg tell the shallow minded in educated fools ooo

Lol

OP, there's a theory flying around in hush tones that the reasons are not economic or even about Emefiele. That it is an order from above.

Or how come lower notes like N50 and N20 have recent dates of 2017 and 2018, but only the N100 printed by Jonathan (the 2014 anniversary ones) and the ones that predates his administration are in circulation? How come no one in the presidency has raised any objection to the presence of mangled N100 naira notes everywhere? How come you should be more concerned than them?

So, what's the theory? You asked

That it's all because there are no Aramaic/Arabic notes in the 2014 Centenary Anniversary N100 as GEJ got them removed.

That Buhari would have ordered the Emefiele/CBN to revert to printing the old N100 notes that had the Aramaic/Arabic notes instead, but refrained on advice so as to not to appear as vindictive and openly religiously bigot. So, he decided both the old and new N100 notes are left and none is reprinted. So you cannot find a N100 note printed later then 2014!

You can investigate. It's a theory. Maybe just a conspiracy theory or a fact.

The quality of notes being spent here in Jos, I swear if you give a conductor same in Lagos you will chop slaps 5 times.

2 things u see in this country that u should b grateful of.is a virgin and a clean hundred naira..if u know u know

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