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Nairaland Forum / Nairaland / General / Business / Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! (38943 Views)
Godwin Emefiele: February 10 Deadline On Old Naira Notes Stands / CBN Spends N281bn To Print New Notes In 5 Years / 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? (2) (3) (4)
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by alezzy13: 1:56pm On Oct 03, 2018 |
theoldpretender: Which kind boju boju economics be this? Printing of lower denomination notes leading to inflation? When in fact it is the direct opposite. It is the higher denominated notes that actually lead to inflation. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Nobody: 1:58pm On Oct 03, 2018 |
To people trying to justify the Arabic inscription on our naira, ask yourself, how come the Arabic script is not on Ghana's ceedis, as they have a sizeable muslim population too? Show me any other African country outside of the Maghrebian/Islamic nations of North Africa that has the Arabic script? They're just being mischievous. So the UN, US, UK African countries and countries who use their lingua franca only in their meetings are missing something. Is Aramaic a part of our lingua franca? |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by alezzy13: 1:58pm On Oct 03, 2018 |
nobilie: So where do those marketers get the new notes from? |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by theoldpretender(m): 2:01pm On Oct 03, 2018 |
alezzy13: Well , yes, that is true....BUT...having more lower denominated notes....means you have to spend scarce forex printing them....which means our forex reserves go down...which makes inflation worse. Plus...you also need more smaller denomination notes to buy stuff...and that makes inflation worse too. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Nobody: 2:01pm On Oct 03, 2018 |
theoldpretender: Why should Hausa be written in arabic script? Yoruba translation of the value of the note is written in Yoruba alphabet, same with Igbo... Why should Hausa's be different. Those are mischievous arguments to foist a religious agenda on Nigeria. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by toggy: 2:04pm On Oct 03, 2018 |
They cannot print 100 note because they don't see it or touch it! 1,000 naira notes and dollars is what they spend always. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by alezzy13: 2:05pm On Oct 03, 2018 |
WritePal: Abeg u guys should stop all these crap. What about 20, 50 naira notes? Have their printing also been stopped? |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by theoldpretender(m): 2:05pm On Oct 03, 2018 |
WritePal: Why should English be written in the Roman Italian/Latin script.? Or for that matter our native languages....Yoruba and Igbo (which has Nsidibi script...native to Igbo land) in a foreign Roman script? Well...someone is foisting a Pagan Roman agenda on Nigeria and England, and France....because it was Pagan Romans who developed Roman/Latin script. And if you are a Chrsitian, why are you scared of Muslims? Is there no God in Nigeria? |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by donqx: 2:14pm On Oct 03, 2018 |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Nobody: 2:15pm On Oct 03, 2018 |
theoldpretender: You're still trying to be mischievous and attempting to confuse people with gobbledygook about archaeology and whats not . Don't mix English with religion. It is our Lingua Franca. It is the most widely spoken language in the world. Arabic is to Muslims what Hebrews is to Christians. If you must have Arabic on the Naira, then balance it with a Hebrew script also. English is the only common denominator acceptable to everyone. Having Arabic with English together and cooking up backyard theories and old wives tales to back it up is simply being mischievous to distract people from a subtle one-sided religious agenda/culture imposition. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Lilimax(f): 2:23pm On Oct 03, 2018 |
theoldpretender:? I have several Hausa friends Muslims and non-Muslims and when they write Hausa, it's not often in Arabic. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by bigpicture001: 2:55pm On Oct 03, 2018 |
theoldpretender:...brother, there is a diffrence btw idle money nd productive money. if productive money is printed as 100k note for 500million naira worth, it has d same effect on the economy if supply into d system, productive money worth same 500 mill but in 100 naira note. wot actually causes inflation is increase in the value of money supplied not increase in the physical quantity. example : increase from 50b........ to 60b can cause inflation, but supplying 50b in lower nominations cant....cause 50b is 50b... |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by bigpicture001: 2:55pm On Oct 03, 2018 |
theoldpretender:...brother, there is a diffrence btw idle money nd productive money. if productive money is printed as 100k note for 500million naira worth, it has d same effect on the economy if supply into d system, productive money worth same 500 mill but in 100 naira note. wot actually causes inflation is increase in the value of money supplied not increase in the physical quantity. example : increase from 50b........ to 60b can cause inflation, but supplying 50b in lower nominations cant.... |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by bigpicture001: 2:55pm On Oct 03, 2018 |
theoldpretender:...brother, there is a diffrence btw idle money nd productive money. if productive money is printed as 100k note for 500million naira worth, it has d same effect on the economy if supply into d system, productive money worth same 500 mill but in 100 naira note. wot actually causes inflation is increase in the value of money supplied not increase in the physical quantity. example : increase from 50b........ to 60b can cause inflation, but supplying 50b in lower nominations cant....cause 50b is 50b... |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Airoflaw(m): 3:04pm On Oct 03, 2018 |
dejavuh0007:m Aba paper |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by greenprince(m): 3:06pm On Oct 03, 2018 |
iambabaG: See you, Kazakhstan is dope oh. That country make sense, and their ladies too |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by ojonugwap(m): 3:23pm On Oct 03, 2018 |
Gboy101: |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Nobody: 3:35pm On Oct 03, 2018 |
100 note
|
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Psoul(m): 4:24pm On Oct 03, 2018 |
theoldpretender: Mtcheeewww......all these classroom Economics students that will only read one page of Adam Smith's text book, interpret it literally without getting to understand the real and the practical way a nation's economy behaves. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Psoul(m): 4:29pm On Oct 03, 2018 |
theoldpretender: So what are you saying here? Learn hw to argue without looking foolish |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by marvinsync(m): 5:19pm On Oct 03, 2018 |
theoldpretender: nonsense , it's still written in Arabic isn't it? and why should it be written in all the notes , is Nigeria an Arabic or Hausa nation ? if Igbo is written on all the notes would that be okay? |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by marvinsync(m): 5:28pm On Oct 03, 2018 |
theoldpretender: nonsense, it's still written in Arabic isn't it? and why should Hausa be written on all the notes , u own the country? |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by TemmyT002(m): 2:28pm On Oct 04, 2018 |
Help me ask him o. |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by dadalicious: 11:57am On Oct 06, 2018 |
This topic and a row with one keke rider who gave me a worn out 100 NairA note made me do research locally. I have gone through all denominations besides 5naira,(couldn't find alot of it) and realized that the last 100 NairA note was printed in 2014. This is seriously bad. If you can print others why not 100naira. I want to believe that an islamization agenda is really real |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by iambabaG: 8:48am On Oct 08, 2018 |
greenprince: I’ll come join you shortly 1 Like |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by dadalicious: 9:30am On Oct 08, 2018 |
alezzy13:Since you didn't take time to read and study you ended up writing a comment that is off point Kindly follow the story and comment |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by Ejire27: 7:55am On Nov 03, 2018 |
Babyshop:The hundred naira note was produced to celebrate Nigeria centenary anniversary and it was supposed to last only for a year. The former 100 naira note is the main one. If you can recall when Nigeria celebrated 50 years anniversary, another 50 naira note was produced, which had Nigeria �� flag and "@50" on it. The 50 naira also was meant to be used for a year and it was gradually retrieved back from the public. The hundred naira was supposed to have been retrieve back also. GEJ didn't produce the money to replace the the main hundred naira, it was produce only to celebrate Nigeria @100 for only duration of a year |
Re: Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! by personty: 4:01pm On Jun 09, 2021 |
What is the cost of printing 1000 naira |
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