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Nairaland Forum / Nairaland / General / Politics / Propose A Solution To Naira Scarcity.. (114 Views)
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Propose A Solution To Naira Scarcity.. by fineboynl(m): 7:10pm On Feb 12, 2023 |
Here is mine. By Monday morning. CBN should make a press briefing and admitting the initial plan has failed. Any further attempt to work on it will fail also. Reason is that it's easy to mop out all the new notes from the economy from pos, money traders and atm. Anyone who has 100m in the account can mop out all the new notes as far as they are ready to pay the 20% comission. Here is the current solution. Instruct banks to start paying N200 & N500 old notes on all ATM machine nationwide. This suffering will reduce. Only the N1000 notes should not be paid from banks. But the bank should accept deposits of N1000 notes. |
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