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Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes (45855 Views)

Inflation: Tinubu advised Buhari to print more money - Paul Ibe / CBN Orders Us To Recirculate Old 200 Naira Banknotes To The Economy / Print More Naira Notes - Tinubu Tells FG (2) (3) (4)

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Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by mycar: 3:02pm On Feb 10, 2023
ayokunl:
Then CBN should release the old notes collected pending when they will be able to have enough new notes
they will never have enough of new ones, new ones will be available and useless after election

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by illuminutty: 3:02pm On Feb 10, 2023
So no backing down on the new naira notes?
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Oluwomonext212(m): 3:02pm On Feb 10, 2023
But that Foodie man just said the Federal govt had bow to the Supreme Court judgement by extending the deadline. In case you don’t know him by the name Foodie, I’m referring to Fanikayode grin

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by iwaeda: 3:02pm On Feb 10, 2023

2 Likes

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by muykem: 3:03pm On Feb 10, 2023
Tinubu is a dependable leader. Very bold and intelligent. He knows when to talk and what to talk.

10 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by asanausana91: 3:04pm On Feb 10, 2023
Godspeace01:
Meaning the old notes are still legal tender
until 15th
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Vixlot: 3:04pm On Feb 10, 2023
Recirculate Old Notes- simple solution

2 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Okopal: 3:04pm On Feb 10, 2023
TheNiceGuy:
Better. Thank you council of state

Until we have enough new notes, the old one remains legal tender.
Use your brain ok U are on Ur Own

3 Likes

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Hallabee1(m): 3:05pm On Feb 10, 2023
PropertyNR:
Print more notes.

Meanwhile: Peter Obi vs. Tinubu
Here's a breakdown of what both candidates did as governors of their respective states.


1. Healthcare
Peter Obi
- Built heart surgery hospital in Onitsha
- Built College of medicine
- Built several healthcare centers
- Upgraded and licensed all school of nursing

Bola Ahmed Tinubu
- Didn't build a single hospital in 8 years
- Upgraded hospitals

2. Education
Peter Obi
- Took Anambra from number 25 in Waec to number one.
- Built and refurbished primary and secondary schools accross the state.
- Donated over 30,000 computers, printers and generators to all schools in Anambra.

Tinubu
- Upgraded and built modern schools.

3. Debt
Nigeria is in massive debt, so we need a president that can manage these debts.

Peter Obi
Didn't borrow one naira, paid Anambra state debts and saved over 75 billion naira.


Tinubu
Left a debt of over 100 billion naira for Fashola, even after increasing taxes in the state.
Aje..


[color=#990000]Vote Wiselylor]

Aje...


So you think say you get sense

5 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Indispensable85(m): 3:05pm On Feb 10, 2023
Simple!
God will punish Emiefele and all those supporting this satanic policy.

6 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Marcos88(m): 3:06pm On Feb 10, 2023
Oya read again.. Say loudly! I’m a liar and I just dished out false statistics in line with what my principal represents 👍
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by olisefom: 3:07pm On Feb 10, 2023
Better. That old note isn't coming back. Corrupt politicians can go and die.

2 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Omenlon: 3:07pm On Feb 10, 2023
PropertyNR:
Print more notes.

Meanwhile: Peter Obi vs. Tinubu
Here's a breakdown of what both candidates did as governors of their respective states.


1. Healthcare
Peter Obi
- Built heart surgery hospital in Onitsha
- Built College of medicine
- Built several healthcare centers
- Upgraded and licensed all school of nursing

Bola Ahmed Tinubu
- Didn't build a single hospital in 8 years
- Upgraded hospitals

2. Education
Peter Obi
- Took Anambra from number 25 in Waec to number one.
- Built and refurbished primary and secondary schools accross the state.
- Donated over 30,000 computers, printers and generators to all schools in Anambra.

Tinubu
- Upgraded and built modern schools.

3. Debt
Nigeria is in massive debt, so we need a president that can manage these debts.

Peter Obi
Didn't borrow one naira, paid Anambra state debts and saved over 75 billion naira.


Tinubu
Left a debt of over 100 billion naira for Fashola, even after increasing taxes in the state.

Vote Wisely
point of correction. Tinubu is not in contest with Peter Obi rather his only opponent in this election is Atiku Abubakar. Nigeria only have two parties, PDP and APC, others are pretenders.

9 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Popesuccess(m): 3:08pm On Feb 10, 2023
Godspeace01:
Meaning the old notes are still legal tender
Is still not clear. Are they extending the date or not?
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Okoroawusa: 3:09pm On Feb 10, 2023
Bola Ahmed Tinubu is truly a powerful man

5 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Righteousness02: 3:09pm On Feb 10, 2023
jlinkd78:
Emefiele d CBN Governor bungled an otherwise good intention. I foretold this that Las las our old notes will coexist with d new notes. Emefiele lost his neutrality d moment he expressed interest in partisan politics to contest president

What has this got to do with making the new notes available and retire the old ones for good.

OLD NOTES SHOULD BE DISCARDED, PRINT NEW ONEs, MOVEF forward for the first time somehow
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by asanausana91: 3:09pm On Feb 10, 2023
Jogs1900:
Logically, the old notes should still be in circulation..It should not be withdrawn.
it will be withdrawn by 15th
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by baralatie(m): 3:09pm On Feb 10, 2023
jlinkd78:
Emefiele d CBN Governor bungled an otherwise good intention. I foretold this that Las las our old notes will coexist with d new notes. Emefiele lost his neutrality d moment he expressed interest in partisan politics to contest president
That neutrality that he lost is what is responsible for the mismanagement of the redesigned notes.
The linking of the monetary policy to political adventure was horrible

3 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Powerhouse99: 3:10pm On Feb 10, 2023
Also includes, Peter Obi gave #1,000, 000 (1 million) each to all the first class graduates in Anambra State during his tenure as governor.
PropertyNR:
Print more notes.

Meanwhile: Peter Obi vs. Tinubu
Here's a breakdown of what both candidates did as governors of their respective states.


1. Healthcare
Peter Obi
- Built heart surgery hospital in Onitsha
- Built College of medicine
- Built several healthcare centers
- Upgraded and licensed all school of nursing

Bola Ahmed Tinubu
- Didn't build a single hospital in 8 years
- Upgraded hospitals

2. Education
Peter Obi
- Took Anambra from number 25 in Waec to number one.
- Built and refurbished primary and secondary schools accross the state.
- Donated over 30,000 computers, printers and generators to all schools in Anambra.

Tinubu
- Upgraded and built modern schools.

3. Debt
Nigeria is in massive debt, so we need a president that can manage these debts.

Peter Obi
Didn't borrow one naira, paid Anambra state debts and saved over 75 billion naira.


Tinubu
Left a debt of over 100 billion naira for Fashola, even after increasing taxes in the state.

Vote Wisely

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Rebelutionary: 3:10pm On Feb 10, 2023
PropertyNR:
Print more notes.

Meanwhile: Peter Obi vs. Tinubu
Here's a breakdown of what both candidates did as governors of their respective states.


1. Healthcare
Peter Obi
- Built heart surgery hospital in Onitsha
- Built College of medicine
- Built several healthcare centers
- Upgraded and licensed all school of nursing

Bola Ahmed Tinubu
- Didn't build a single hospital in 8 years
- Upgraded hospitals

2. Education
Peter Obi
- Took Anambra from number 25 in Waec to number one.
- Built and refurbished primary and secondary schools accross the state.
- Donated over 30,000 computers, printers and generators to all schools in Anambra.

Tinubu
- Upgraded and built modern schools.

3. Debt
Nigeria is in massive debt, so we need a president that can manage these debts.

Peter Obi
Didn't borrow one naira, paid Anambra state debts and saved over 75 billion naira.


Tinubu
Left a debt of over 100 billion naira for Fashola, even after increasing taxes in the state.

Vote Wisely
Lol...I can't laugh
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Righteousness02: 3:10pm On Feb 10, 2023
Indispensable85:
Simple!
God will punish Emiefele and all those supporting this satanic policy.

As long as the OLD notes are not coming back, then there is nothing satanic about it, PRINT MORE NEW NOTES

1 Like 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by asanausana91: 3:11pm On Feb 10, 2023
MartinsD12:

Very simple , print more new naira notes, very useless incomplete CBN and buhari, you collect all our old naira and refuse to give us the new ones, is that not wickedness, buhari and that useless CBN man are very wicked people suffering Nigerians for nothing, e no go better for them
your useless Tinubu that stashed money, his money will be useless by 15th.
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Pascal9: 3:11pm On Feb 10, 2023
Jogs1900:
Logically, the old notes should still be in circulation..It should not be withdrawn.
how do you people reason, they said that they surport Naira redesign, that CBN should print new notes, or recirculate old notes, now CBN will print new notes, as for old notes it is bye bye because as soon as it enter bank it is on journey of no return
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Pascal9: 3:12pm On Feb 10, 2023
how do you people reason, they said that they surport Naira redesign, that CBN should print new notes, or recirculate old notes, now CBN will print new notes, as for old notes it is bye bye because as soon as it enter bank it is on journey of no return
(Modify) (Quote) (Report) (Share)

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Righteousness02: 3:12pm On Feb 10, 2023
TheNiceGuy:
Better.

Until we have enough new notes, the old one remains legal tender.

Thank you council of state
NO sir, NO OLD NOTES, THEY ARE DEAD ALREADY, IT REMAINS TO BURRY THEM, PRINT MORE NEW NOTES ONLY
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by MadamExcellency: 3:12pm On Feb 10, 2023
Vixlot:
Recirculate Old Notes- simple solution

It will be the death of Naira notes and horrendous inflation.

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by adecz: 3:12pm On Feb 10, 2023
What have they said❓❓


Everybody is afraid to contradict
Buhari, so the country continues to
be run within the limits of Buhari's
low IQ ❗️❗️❗️☹️☹️☹️

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by BestMan001: 3:12pm On Feb 10, 2023
Anything that will ease the suffering of Nigerians

1 Like 2 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by aylipple: 3:13pm On Feb 10, 2023
I'd love to read the official statement issued after this meeting because what I've just read is neither here nor there.

"Make new Naira notes available or recirculate the old notes" is hogwash.

CBN has daily insisted that it issues the new bank notes to DMBs; this claim is yet to be contradicted by the banks.

If the NL report is indeed the position of the National Council of State, the CBN can keep claiming it has made the new bank notes available & will only just step up monitoring & compliance at the banks' level; the "suffering" continues nonetheless.

It would've been more practical if the Council had proposed an extension of the validity of the "old" notes, urged the CBN through the NSPMC to print at least half of what has been mopped up from circulation and increase circulation of the unchanged lower denominations (N100, N50, N20, N10).

This scarcity from my own understanding stems from the CBN's mopping up of almost all the currency in circulation (from N5 - N1000) whilst only reprinting or allowing in circulation, a tiny fraction of what was withdrawn.

3 Likes 2 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Orinechi: 3:13pm On Feb 10, 2023
PropertyNR:
Print more notes.

Meanwhile: Peter Obi vs. Tinubu
Here's a breakdown of what both candidates did as governors of their respective states.


1. Healthcare
Peter Obi
- Built heart surgery hospital in Onitsha
- Built College of medicine
- Built several healthcare centers
- Upgraded and licensed all school of nursing

Bola Ahmed Tinubu
- Didn't build a single hospital in 8 years
- Upgraded hospitals

2. Education
Peter Obi
- Took Anambra from number 25 in Waec to number one.
- Built and refurbished primary and secondary schools accross the state.
- Donated over 30,000 computers, printers and generators to all schools in Anambra.

Tinubu
- Upgraded and built modern schools.

3. Debt
Nigeria is in massive debt, so we need a president that can manage these debts.

Peter Obi
Didn't borrow one naira, paid Anambra state debts and saved over 75 billion naira.


Tinubu
Left a debt of over 100 billion naira for Fashola, even after increasing taxes in the state.

Vote Wisely
Is Lagos ur state? What is ur business? PO did all ur mentioned and is currently a tenant in Lagos. What stopped him from staying in Anambra?

6 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Pascal9: 3:13pm On Feb 10, 2023
Aufbauh:
Tinubu has won
how did he win ok in iragbiji

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