Geopex:
The FG cannot say anything until Feb 15, even Fálànà Said Fg must obey supreme court order. As for new, that tin is very scare here, even PoS are not having it, queued in d bank yesterday since morning till noon, no cash. Baba God will punish CBN gov and Buhari. Holding 00300 naira since 2 days ago.

Backpedal:

The banks will say no to the central bank?

You must be an ignorant person to even suggest that

The CBN can withdraw their license for that

SouthSouth1914:
Finally the idea from some unscrupulous elements is to scuttle our national life and bring this country to a final stop. Emefiele and cohorts, remember you all one day will leave government.

NaughtyBrainiac:


CBN dey play, just dey play

The old Naira notes will remain legal tender at least till the end of March 2023.

babaolofin:


You are the ignorant person here. If the State Governors for security reason urge their Citizens to continue spending the old naira, there is nothing the CBN can do.

How many Banks do we have in the over 400 rural local government of the 774 local government in Nigeria? Since Tuesday most banks lock gate and restrict / censor movement into the banks and most ATMs are not working. I bought 20K at 24K from POS yesterday, only 6K is new naira, 14K is the old naira.

I know, if Emefiele were to be a Yoruba, he would have been removed. Buhari would have used him as a scapegoat to save himself.

SouthSouth1914:
Finally the idea from some unscrupulous elements is to scuttle our national life and bring this country to a final stop. Emefiele and cohorts, remember you all one day will leave government.

babaolofin:


You are the ignorant person here. If the State Governors for security reason urge their Citizens to continue spending the old naira, there is nothing the CBN can do.

How many Banks do we have in the over 400 rural local government of the 774 local government in Nigeria? Since Tuesday most banks lock gate and restrict / censor movement into the banks and most ATMs are not working. I bought 20K at 24K from POS yesterday, only 6K is new naira, 14K is the old naira.

I know, if Emefiele were to be a Yoruba, he would have been removed. Buhari would have used him as a scapegoat to save himself.

Upworkwriter007:
There's no confusion over here. Everywhere is simply spending what they have. Since there's no new note available, no one will take public transport again? Or we'll all starve? Up to date, I've not touched the new 200 naira note. Not once.

udeh3:
This is a very simple issue... I have been saying this for some days now. CBN or commerical banks weren't in the suit. So, nothing concern CBN who is a separate entity by Law. They've made a deadline. Even Supreme Court can't stop them. If you like yourself don't go and deposit your money in the bank. As it stands now, the deadline is today

FG can honor the suit while CBN carries out their own duties

CBN might suspend this deadline only out of good will. The Federal High Court has dealt with this matter before, except the judgement is been challenged by the governors

So, there's no confusion here. CBN deadline still stands, otherwise, communication will be made by the CBN

Upworkwriter007:
There's no confusion over here. Everywhere is simply spending what they have. Since there's no new note available, no one will take public transport again? Or we'll all starve? Up to date, I've not touched the new 200 naira note. Not once.

searchlight:
What baffles me is how urchins suddenly realized that this administration has failed after almost 8 years. Once again what Igbos see sitting down (8 years ago) our sophisticated brothers from the other side couldn't see it even when they climbed mountain Kilimanjaro. At least it took them 8 years after to see it lol.

TechW:

Your last word is very silly.
Are you voting for his candidate to do him a favour?
If you think your candidate mental capacity is better, then vote for him, when kidnappers strike, will he ask you who you voted for?
Just know that karma has a way of rewarding people's actions and inactions.
Do what you think is good and not to spite another person.
Just know that.
If Osinbajo was in position of Obi, no matter whatever anybody says, I will vote for him because he is a man of peace and intellectual and who knows, if Obi did not perform, Osinbajo could come out in 2027.

Backpedal:

The banks will say no to the central bank?

You must be an ignorant person to even suggest that

The CBN can withdraw their license for that

BeauBragnar11:


Oga, Every institution has jurisdiction.

Only the CBN has right to determine what would serve as legal tender in Nigeria!!!!!

Mandate2023:


Untop obi matter u drag my family into ur conversation.......u started it first oh I hope u show ur useless father and mother dis comment......it only shows the kind of upbringing u have, am very sure ur mother is a useless dog and ur father is d real definition of a pig

May it never be well with u and ur family, may all d curse in d bible be upon u
If u dare quote me again leprosy, miserable death and sorrow will be ur potion b4 d end of dis month

moscow007:
No doubt CBN made some mistakes in implementation of this New naira policy, this is not the first time a new naira is being introduced before elections, though not in dis magnitude.

What I think the CBN and FG can do now is obey the Supreme Court and extend till 15th, Issue an Executive Order on 12th to end circulation of the old notes (200,500 and 1000) on 16th.

If El Rufai is to be believed for once and only 300billion of the new notes was truly printed.

CBN really needs to print at least additional 200billion of the new currency and atleast 500billion of 100naira notes to compliment the cash in circulation.

Anybody that tells you politicians can replace the exact amount they hoarded for vote buying is telling the biggest lies from the pit of hell.

El Rufai lied, no single individual can assess upto 500million of the new currency, it's not possible.
At this very moment, with this level of awareness, If any bank hoards upto 500million it will be noticeable because it's branches will not pay kobo in new notes for days.


The policy has to be modified to accommodate 100naira notes to be paid; 500k for individual and 5m for corporate over the counter per day instead of month, this will reduce the pressure on the new notes by genuine businesses.

updatechange:



You see how u reason?? First how do u know who I am voting for??
FYI I haven’t decided which candidate yet and maybe someone might m convince me to vote someone like sowore just saying, yes if I have a valid reason to do so I will.
Secondly how did u know he’s an Obi supporter? Oh I forgot y’all have the same traits, cursing abusing and insulting your fathers. Lol 😂

SouthSouth1914:


Read through you gibberish again! If the CBN main idea wasn’t to ridicule and impoverish Nigerians, why would they ask Nigerians to bring their old notes without getting the new ones?

Is this a sensible narrative? With this idea, he must have sent additional millions into extreme and avoidable poverty. People like you would be terrible husbands and boyfriends to ladies out there. Shame

kalvoken:


I can only be sorry for those around you, you are mentally drained.

Even if you can't think for yourself, you can see how ICPC has been proving the commercial banks to be the ones sabotaging the policy?

Can you in as a would be responsible boyfriend(I know you still eat mama thank you) tell me, how extension of the date would benefit an ordinary Nigerian? How will that make the banks to start loading the new currency rather than selling them to the highest bidders?

Do you as a boy, have any old naira at home that you intend to bring out? Or you just chose to follow the crowd?

KingOfTheDamned:
THE CONFUSION ONLY EXISTS IN THE MIND OF TINUBU AND HIS ILITERATE SUPPORTERS WHO WANTED TO BUY VITES

THEY HAVE BEEN USING THE MEDIA TO SPREAD PANIC AND CHAOS HOPING THAT AN END SARS LIKE PROTEST WOULD HAVE STARTED AGAINST THE GOVERNMENT TO FORCE THEM TO CANCEL THE NEW NAIRA POLICY SO HE CAN BUY VITES.🤣

BUT NIGERIANS CAN SEE THE DEMON FOR WHAT HE IS ..
AFTER USING SOLDIERS TO KILL THE YOUTHS DURING END SARS THE BASTARD WANTS THE SAME YOUTHS TO SUPPORT AND PROTEST FOR HIM?

NA OGUN GO KILL AM THERE

🤣🤣🤣🤣

Deoo1125:
If I knows ur papa born u well make u go any ATM machine go talk this nonsense.. E no go better for u and ur generation this nonsense wey u just type so.