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New Naira Notes: A Double Deja Vu - Politics - Nairaland

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New Naira Notes: A Double Deja Vu by Macnnoli4(m): 8:40pm On Feb 02, 2023
Deja Vu 1: Banning a present resource despite not having enough of the new proposed resource. Example the blockage of foreign rice importation despite local rice production not yet having mechanisms for optimum supply. This is the similar situation with the new naira notes now.
Deja Vu 2: Unbearable Queues for an easy to get resource eg.ATM dispensed naira reminiscent of Buhari 80's regime where citizens queued to get simple resources. Example, an excerpt from a Business Day 2015 article : "...and there were general shortages of basic commodities like rice, milk, sugar, etc and the helpless masses had to queue endlessly to get to these items."
Who would have imagined abnormally large queues at ATM stands with people wasting hours of productive time just to get their money.
Re: New Naira Notes: A Double Deja Vu by Macnnoli4(m): 8:49pm On Feb 02, 2023
Deja Vu 3? Another excerpt from the Business day 2015 article on Buhari regarding his 1980s military regime : "..change in the colours of the Naira to arrest illegal currency dealings as well as establish CBN’s control over the amount of money in circulation."
The full link of the Business Day article on Buhari's past regime https://businessday.ng/features/article/buhari-changing-times-old-strategies/

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