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TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State (58410 Views)

Inside Kwara Community, Ijara-isin, Where Residents Have Own ‘currency’ / Lady Finds Biafran Currency In Her Father's Cupboard / Top 10 Weakest Currency In Africa (See List) (2) (3) (4)

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Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Backlaw406(m): 5:01pm On Jun 06, 2022
DonroxyII:
It's a Voucher drawn on the Microfinance bank of the King(Olive) which implies the King settles the Liabilities of his villagers to the extent of the monetary value of Foodstuffs drawn on the Voucher:

Just like normal Voucher given to you by Roadside mechanics:

The Voucher now has a central issuing systems licensed by the kings microfinance bank for the Money Backup I.e. The Voucher is backed up by Naira drawn on the Kings Bank.

This is just the Kings Way of Gifting his people with Foodstuffs and Drinks instead of Dashing them Money which they will divert to other means:

Also the King has a large superstores which accepts the Voucher for wholesale of Foodstuffs to retailers and final consumers thus the King Superstore is the Banks while the Issuing Microfinance is the CBN and Naira is the Gold Backup!
Exactly, I love your explanation, it makes sense die. That king really has a golden-heart. If all our billionaires could be given out as this particular king, our poverty level must have been reduced.

1 Like

Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Gubioma: 5:49pm On Jun 06, 2022
Danifalls:
Nonsense



Contact us for your research project and Thesis. +234 803717 1389
Dan Borno...
U ar badbelly nonsense garbage. We would not contact u for our thesis Mr enemy of progress
Shikenan Nagode
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Gubioma: 5:53pm On Jun 06, 2022
iiifedimma:
Good
Dan Borno...
As how.?
Shekenan Nagode
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Gubioma: 5:59pm On Jun 06, 2022
SensualMan:
Nothing.

Time for us to take back Lagos.

Lagos belongs to Ndi igbo!
Dan Borno....
U forget to say something u Mr ojukwu Nnamdi cownu.The whole Igbo land is belongs to Arewa.
Shekenan Nagode
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Gubioma: 6:00pm On Jun 06, 2022
Divoc19:
God bless him.
It's just a gesture from him as
Nigeria is failing badly
...

We should ku ku go back to trade by batter era undecided
Dan Borno...
Explain maddam as how..?
Shekenan Nagode
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by King44(m): 8:25pm On Jun 06, 2022
Vouchers are not currencies. They are used to purchasing groceries in grocery stores in the US and that is what he is trying to replicate to make life easy for the people.

That economist doesn't travel, even if he does his mind is locked up at anything progressive.
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by iiifedimma(f): 8:25pm On Jun 06, 2022
Ok
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by hollywater: 8:50pm On Jun 06, 2022
Blessedassuranc:


is this comment even necessary?abeg make unaa try rest and get small joy sef
Which joy?
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Blessedassuranc(f): 8:52pm On Jun 06, 2022
hollywater:
Which joy?

abeg try get small cos it's good for your soul.okay?
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by hollywater: 8:53pm On Jun 06, 2022
Blessedassuranc:


abeg try get small cos it's good for your soul.okay?
Shey joy dey for Nigeria.
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by Blessedassuranc(f): 8:56pm On Jun 06, 2022
hollywater:
Shey joy dey for Nigeria.

FOR OUT OF YOUR BELLIES SHALL FLOW RIVERS OF LIVING WATER..
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by ultimateprof: 6:44pm On Jun 07, 2022
God bless this King.
Re: TLK Voucher: Ademola Ajibola Creates Own ‘Currency’ In Ijara-Isin, Kwara State by wrecodde(m): 4:22am On Jun 08, 2022
but this post did not elaborate on whether the king's initial goals have been achieved.

the system is working, people are spending more within the community.
but has the economy of the system improved, and by how much

it makes me want to ask: (if) since the initial goal has been achieved, in order not to continue exposing the system to the risks that the economists noted, why don't they close it down.

this is because: if the system worked, and people have gotten more stable financially, then they can know that even without the voucher, they can continue to spend within the community and things would be good for them.

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