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Nairaland Forum / Nairaland / General / Politics / Reinforce Use Of Coins - Reps Tell CBN, Banks (20340 Views)
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Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Temptee101(m): 9:21pm On Mar 22, 2022 |
House of thieves Can anything good come out of Buhari led govt and from renowned gang of looters |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Nobody: 9:21pm On Mar 22, 2022 |
O |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Zulu2022: 9:21pm On Mar 22, 2022 |
WATCHOVER:clown turkey |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Goldbw122(m): 9:21pm On Mar 22, 2022 |
Seriously, what are they trying to do ? |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by kerry57: 9:22pm On Mar 22, 2022 |
Yeye reps, while u people use dollar abi? |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Nobody: 9:22pm On Mar 22, 2022 |
G |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by WATCHOVER(m): 9:22pm On Mar 22, 2022 |
Zulu2022: |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Mrkumareze(m): 9:23pm On Mar 22, 2022 |
When N50 is Al.ost usess, you re mentioning coins..leaving the important issues holding us backward |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Medley02(m): 9:23pm On Mar 22, 2022 |
I'm just imagining what one can still get for N1 today... When one Maggi is N10 1 Like |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Bobloco: 9:25pm On Mar 22, 2022 |
What can ₦1 buy in today's market now. Ordinary sweets is now ₦20 |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by oluwaseyi0: 9:25pm On Mar 22, 2022 |
WATCHOVER: And what exactly is buyable with coins Or you mean I'll use wheel barrow to push 250coins to buy 1 bag of pure water unless the government is ready to produce 100 naira single coin and above |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Brian47(m): 9:27pm On Mar 22, 2022 |
When 5 naria is almost extinct. And 10 naria can't buy anything you want to re-enforce the use of coins. What the hell can coins buy? |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by NaijaNaWaa: 9:28pm On Mar 22, 2022 |
Illiterates! Naira has no value. Cost of producing each coin is more than the value of the coin. Yet these looters want it back for old time sake. Anyway, it’s the kind of advice CBN takes. Anything that’ll rake in billions in contract is welcome. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Fxwarrior: 9:30pm On Mar 22, 2022 |
ebukajay184: Oga o. What will 1 naira coin afford? |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by masseratti: 9:30pm On Mar 22, 2022 |
Can we pay them also in coins useless set of peeps... Taking us back to the stone age. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by kendocom: 9:32pm On Mar 22, 2022 |
So this is the only solution you can proffer to solve inflation problems in the country. Such a low resolution from the legislators as expected |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by ahamonyeka(m): 9:32pm On Mar 22, 2022 |
This people has started again.the one that was reinforce some years back what happen to it and besides what can the coins buy now? |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by MikeBetty(m): 9:32pm On Mar 22, 2022 |
Las las aboki go weigh it on scale as scrab |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by westfield: 9:32pm On Mar 22, 2022 |
All these prices are you show you are not in Djibouti OkpaNsukkaisBae: |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by francotunsco: 9:32pm On Mar 22, 2022 |
WATCHOVER:In as much as i always want to maintain my cool online. I think this your post lacks sense! Use of coins will encourage use of N5 and N10? Also, N1000 will be available for importers and exporters? That's silly! |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Neymessi: 9:35pm On Mar 22, 2022 |
1kg of gas is ,#800quote author=OkpaNsukkaisBae post=111265999]nonsense and useless resolution. A bag of satchet water is #300, Fuel is #230 per litre, a satchet of milk is #80, Multichoice just announced that they will increase price for all the packages they offer starting from April 1st.. Legislative Oversight Function is no longer functioning. [/quote] |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by WATCHOVER(m): 9:36pm On Mar 22, 2022 |
oluwaseyi0:Because you rejected the coins made your bag of pure water to go as high as #250. Mind you that does not mean that there will not be #100,#200 note just that product will not be sold on 100% percent increase. Pure water you were buying #5 for one sachet but later it went to #10 that's 100% increase but if the coins was still in circulation it would be sold for between #6.50k - #8 at most |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by R2bees2: 9:36pm On Mar 22, 2022 |
When #50 naira is almost becoming useless and you want to reintroduce coins? that one na dustbin e go end up |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Naijanascam: 9:36pm On Mar 22, 2022 |
Meaningless.....5naira and 10naira are becoming worthless due to nothing can be bought with them these days.... and you are talking about coins ...... |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by tubolancer(m): 9:38pm On Mar 22, 2022 |
These people have lost it o. May God help us in this country. |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by Eastcaostboy: 9:38pm On Mar 22, 2022 |
ebukajay184:Nice one that a good innovation. That is the only way to bring down inflation. They should bring them back to 1kobo |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by porthouse7(f): 9:40pm On Mar 22, 2022 |
na only Nigeria no dey use coins for africa |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by emmy512: 9:41pm On Mar 22, 2022 |
Good developement. If you dont understand the benefits dont hate it. I think someone explained it better |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by WATCHOVER(m): 9:43pm On Mar 22, 2022 |
francotunsco:I understand that my explanation might sound too local to you but let me tell you that 100% increases in price or hyperinflation is as a result of not using the coins, a sachet of water that was sold for #5 later increased to #10 that is 100% increase but if the coins was still in circulation it would be sold for #6. 50k but because the manufacturer knows that there are no coins they try to sell at even making inflation rates rise very fast 2 Likes |
Re: Reinforce Use Of Coins - Reps Tell CBN, Banks by godofuck231: 9:44pm On Mar 22, 2022 |
Start with lekki toll gate ,3 naira per vehicle , let's see who is who 1 Like |
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