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Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes (45865 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 Omenlon: 3:13pm On Feb 10, 2023
Popesuccess:
Is still not clear. Are they extending the date or not?
if you a business person, collect old notes along the new notes don't mind them, it's already extended.

6 Likes

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by ukenke: 3:14pm On Feb 10, 2023
Did you read the original post? There is an 'or' there. Old notes ceased to be legal tender today.

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 d moment I observed people being given old notes over d counter inside d Banks while same time people are queueing to deposit old notes. Emefiele lost his neutrality d moment he expressed interest in partisan politics to contest president. This is d most reasonable thing to do now to ameliorate d suffering and hardship in d land.
Old notes remains legal tender
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by VicHots(f): 3:14pm 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.

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

Vote Wisely
Anifowoshe
So why are people not trooping to Anambra? Obi is a Tenant in Lagos!
Lagos is more secured than your Anambra!

3 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Nobody: 3:15pm On Feb 10, 2023
TheNiceGuy:
Better.

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

Thank you council of state

You should dance naked in celebration
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Pascal9: 3:15pm On Feb 10, 2023
Lubumbashi:
For those who didn't understand what the council of state said; they basically told Emefiele that redesigning the naira is good but enough new notes should be injected into the system first before banning use of the old notes. That means for now, old and new notes should go together like governor El Rufai of Kaduna suggested.
this is your own interpretation
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by BennyDGreat: 3:15pm On Feb 10, 2023
Pascal9:
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

You think printing New notes and circulating same will happen so fast?


How long do you think it will take to print say 1 trillion and circulate same?

3 Likes

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Nobody: 3:16pm On Feb 10, 2023
I
Godspeace01:
Meaning the old notes are still legal tender

That is just the summary of the whole thing.

The OP like to use confusing statement to cover their shame. I told some nairalanders before January 31 deadline that if they extend the date they are shameless and bunch of cowards. They argued with me that it will never be extended. When it was extended to February 10, I made mockery of them.

6 Likes 2 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Righteousness02: 3:17pm On Feb 10, 2023
PLEASE RETIRE ALL OLD NOTES, CBN should never introduce them at counters again

Going forward ONLY NEW NOTES
ONLY NEW NAIRA

OLD NAIRA SHOULD BE BURRIED
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by emerged01(m): 3:18pm On Feb 10, 2023
I just prayed that there wont be more inflation after election.
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by dat9jaguy(m): 3:18pm 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



Because na babies you dey tell. Them swear for una with lies. How can a candidate and his supporters lie so effortlessly .

5 Likes 2 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Padipadi(m): 3:19pm 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
Lai Muhammad

1 Like 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by baralatie(m): 3:21pm On Feb 10, 2023
ukenke:
Did you read the original post? There is an 'or' there. Old notes ceased to be legal tender today.

Who told you that the old notes ceased to be a legal tender?

The old naira remains legal tender until the supreme court decides on the 15th

6 Likes 3 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Tannhauser(m): 3:21pm On Feb 10, 2023
Fine looking gentlemen...soon I'll be sitting there cool

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by edungene7: 3:21pm On Feb 10, 2023
Childofaking:
Wao! Gowon is still looking young and healthy.
Than Tinubu the thing shock me Itz always gud to stay away from drugs ooo

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Validated: 3:22pm On Feb 10, 2023
Godspeace01:
Meaning the old notes are still legal tender
No sir old notes ceases to be legal tender today. CBN will make new notes available

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by baralatie(m): 3:24pm On Feb 10, 2023
Validated:

No sir old notes ceases to be legal tender today. CBN will make new notes available
Old notes are still legal tender until 15th irrespective of the new notes

3 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Pascal9: 3:24pm On Feb 10, 2023
BennyDGreat:


You think printing New notes and circulating same will happen so fast?


How long do you think it will take to print say 1 trillion and circulate same?
slowpoke, you don't need to print 1trillion, other wise why do you want to go cashless,many people are already embracing the cashless transactions, all CBN need is to inject a reasonable amount of the new notes, every thing will normalised as soon as people realise that you don't need to pay everything with cash.most people will gladly accept transfer because it eliminates some inconveniences like looking for change

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Nobody: 3:25pm On Feb 10, 2023
Pascal9:

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)

You are confusing yourself. What do you expect them to say? To withdraw the new notes and release the old notes back to the public? They have not said anything different from what the common man on the streets and villages are saying.

The old notes remain a legal tender that is the conclusion of the story. If they have spoken otherwise, Nigeria would have started burning. They only help Buhari to cover shame. They don't need to come to villa for this

7 Likes 2 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Zulum500: 3:25pm On Feb 10, 2023
Malory:
They should hasten to make it available. Nigerians are going through a lot right now.

Igbos 🤣🤣😁

I see painment..
You are defeated

1 Like 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Omenlon: 3:25pm On Feb 10, 2023
Pascal9:

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)
don't blame anybody for his/her reasoning here, it's Emefiele that is making people reason anticlockwise. What the CBN would have done seamlessly by gradually withdrawing any old cash that enters the bank and releasing corresponding Cash into circulation is what has plunge the country into wahala now. Some of us just think Nigeria is just Abuja and Lagos that is why some people are still supporting the useless Emefiele and his gang.

4 Likes 2 Shares

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by ceejay80s(m): 3:27pm On Feb 10, 2023
Malory:
They should hasten to make it available. Nigerians are going through a lot right now.
Just leave them....when people frustrate and revolution starts , their eye go clear

2 Likes

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Zulum500: 3:27pm 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
Obi ti luleeeeeeee piiiiiii 🤣😁🤣

1 Like 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by BennyDGreat: 3:28pm On Feb 10, 2023
Pascal9:
slowpoke, you don't need to print 1trillion, other wise why do you want to go cashless,many people are already embracing the cashless transactions, all CBN need is to inject a reasonable amount of the new notes, every thing will normalised as soon as people realise that you don't need to pay everything with cash.most people will gladly accept transfer because it eliminates some inconveniences like looking for change

Oops...would have loved to engage you but you are obviously uncouth and you have no real time understanding of how Nigerian Economy works.

If I eventually ask you a couple of questions, you will be unable to give an answer.
Enjoy your imaginary cashless economy lol

3 Likes

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by angelfallz(m): 3:29pm On Feb 10, 2023
Confusion
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by BlazinGlory40: 3:29pm 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 d moment I observed people being given old notes over d counter inside d Banks while same time people are queueing to deposit old notes. Emefiele lost his neutrality d moment he expressed interest in partisan politics to contest president. This is d most reasonable thing to do now to ameliorate d suffering and hardship in d land.
Old notes remains legal tender

No be when you see the old note use?

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Zulum500: 3:30pm On Feb 10, 2023
Malory:
Guy if na play you better stop it. Come to my home town of Ilesha and see real suffering. Stop mocking us if you can't pity us.

Alaigbo 🤣🤣 is suffering hungry

1 Like 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by CodeTemplar: 3:30pm On Feb 10, 2023
Good.
Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by baralatie(m): 3:31pm On Feb 10, 2023
BlazinGlory40:


No be when you see the old note use?
Aboki still dey spend the old notes for north o

2 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by NOETHNICITY(m): 3:31pm On Feb 10, 2023
Malory:
They should hasten to make it available. Nigerians are going through a lot right now.
But I thought you Obi urchins are happy about the hardship

3 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Putinofrussia: 3:31pm 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
.Liar!
Clean your linus mouth,sir.Obi owed 185 billion naira and left 75 billion naira.No be juju be dat.
Obi was a failure as the gov of Anambra.Even Soludo and Arthur Eze attested to this truism.

3 Likes 1 Share

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Luvties(m): 3:31pm On Feb 10, 2023
politicoNG:


https://www.thecable.ng/breaking-council-of-state-asks-cbn-to-print-more-naira-notes-or-recirculate-old-notes/amp

Many are misinterpreting what the council of states said.

THEY SUPPORT NAIRA REDESIGN AND ASKS CBN TO PRINT MORE NAIRA NOTES,


OR,

RECIRCLE THE OLD NOTES.


The dateline still stands as at today 10 February for the old notes to be legal tender.

1 Like

Re: Council Of State Asks CBN To Print More Naira Notes Or Recirculate Old Notes by Pascal9: 3:32pm On Feb 10, 2023
BennyDGreat:


Oops...would have loved to engage you but you are obviously uncouth and you have no real time understanding of how Nigerian Economy works.

If I eventually ask you a couple of questions, you will be unable to give an answer.
Enjoy your imaginary cashless economy lol
enjoy your 15th century monetary transaction

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