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How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos - Politics - Nairaland

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How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:27pm On Feb 13, 2023
Till now it this logic beats me..

How Can one remove/mop up 3Trn 'Old' notes, print only 300bn new notes in an Economy as huge as Nigeria!!

Which kind of economic theory is this?

If only Mr Emefiele know the gravity of what this most insensitive move has caused this country eh.

Most Banks including Zenith Bank closed branches for days

Most Bank Apps not been working

People sitting outside ATMs and Banks for 2weeks now for both old and new Naira

From Lagos to Abuja same situation..
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Upworkwriter007(f): 8:28pm On Feb 13, 2023
The person wants chaos.
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:30pm On Feb 13, 2023
pineed:
Till now it this logic beats me..

How Can one remove/mop up 3Tr 'Old' notes, print only 300b new notes in an Economy as huge as Nigeria!!

Which kind of economic theory is this?

If only Mr Emefiele know the gravity of what this most insensitive move has caused this country eh.

Most Banks including Zenith Bank closed branches for days

Most Bank Apps not been working

People sitting outside ATMs and Banks for 2weeks now for both old and new Naira

From Lagos to Abuja same situation..

People and family have been reduced to beggars.. Chaos everywhere!!

The worst of all now is people don't even know which currency is actually in circulation, which is still legal tender, nothing at all. Everyone is left in dark

This is the first time in my life I've ever felt change in currency.

I expect the CBN governor to have resigned by now.
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:34pm On Feb 13, 2023
Upworkwriter007:
The person wants chaos.
I tell you.. the chaos is just too much
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by VeeVeeMyLuv(m): 8:38pm On Feb 13, 2023
A lazy convenient strategy

because They can't grab the agbada of big men caught stealing

See these western nations how they arrested former deputy senate President and dumped his arse in the cell. That is how it supposed to be.

Right now many many politicians or former and active looters are looking to arrange with bank managers on how they can swap looted billions of old notes in cash!!! lipsrsealed undecided

Some have even succeeded. So someone should tell me why there won't be chaos.

2 Likes

Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:39pm On Feb 13, 2023
They have just showed you an excellent example of what will happen when a global financial crisis happens
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:42pm On Feb 13, 2023
thebosstrevor1:
They have just showed you an excellent example of what will happen when a global financial crisis happens
This one pass global financial crisis

This is human-made disaster.

No cash in circulation
No bank app working
No POS working etc
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 8:46pm On Feb 13, 2023
pineed:

This one pass global financial crisis

This is human-immuned disaster.

Global Financial crisis are man made economic disaster

1 Like

Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by 9gerian: 8:53pm On Feb 13, 2023
Only Emefiele knows the answer to the thread’s question, ask him. grin


pineed:
Till now it this logic beats me..

How Can one remove/mop up 3Tr 'Old' notes, print only 300b new notes in an Economy as huge as Nigeria!!

Which kind of economic theory is this?

If only Mr Emefiele know the gravity of what this most insensitive move has caused this country eh.

Most Banks including Zenith Bank closed branches for days

Most Bank Apps not been working

People sitting outside ATMs and Banks for 2weeks now for both old and new Naira

From Lagos to Abuja same situation..
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:03pm On Feb 13, 2023
9gerian:
Only Emefiele knows the answer to the thread’s question, ask him. grin



I tell you this no bi laughing matter jare
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by 9gerian: 9:08pm On Feb 13, 2023
I have gotten tired of getting angry at him (Emefiele). He is beyond ridiculous to have pulled off such a disastrous implementation of a great idea.

The guy completely forgot he is CBN governor, not INEC chairman. What a disaster he is!


pineed:


I tell you this no bi laughing matter jare
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:17pm On Feb 13, 2023
9gerian:
I have gotten tired of getting angry at him (Emefiele). He is beyond ridiculous to have pulled off such a disastrous implementation of a great idea.

The guy completely forgot he is CBN governor, not INEC chairman. What a disaster he is!


I tell you bro.. this is so financial catastrophy. Imagine a whole Zenith Bank branches closed for days...and no one is protesting or something
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by StaffofOrayan(m): 9:27pm On Feb 13, 2023
Everything APC has touched has decayed a bit more, every parastatal, every institution, you can all play the northern game and blame it on a willing southerner but it won't fly here, that very lame excuse of 'Buhari didn't understand' is as dummb as most of you,

Buhari did the exact same thing to the economy in the damnn '80s, it is who he is and you all cheered him on for 8 years!
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by jmoore(m): 9:29pm On Feb 13, 2023
pineed:
Till now it this logic beats me..

How Can one remove/mop up 3Tr 'Old' notes, print only 300b new notes in an Economy as huge as Nigeria!!

Which kind of economic theory is this?

If only Mr Emefiele know the gravity of what this most insensitive move has caused this country eh.

Most Banks including Zenith Bank closed branches for days

Most Bank Apps not been working

People sitting outside ATMs and Banks for 2weeks now for both old and new Naira

From Lagos to Abuja same situation..

Buhari, not Emefiele.
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:32pm On Feb 13, 2023
VeeVeeMyLuv:
A lazy convenient strategy

because They can't grab the agbada of big men caught stealing

See these western nations how they arrested former deputy senate President and dumped his arse in the cell. That is how it supposed to be.

Right now many many politicians or former and active looters are looking to arrange with bank managers on how they can swap looted billions of old notes in cash!!! lipsrsealed undecided

Some have even succeeded. So someone should tell me why there won't be chaos.

If that was his "strategy" for currency exchange then that's most unfortunate.. Politicians all over the world will always find their way around anything. They're so smart
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:33pm On Feb 13, 2023
thebosstrevor1:


Global Financial crisis are man made economic disaster
True that..
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by Nobody: 9:37pm On Feb 13, 2023
jmoore:


Buhari, not Emefiele.
It's actually Emefiele, he is/acts as national financial advisor to the President and nation.

If his advice & strategy fails he should be fired.. just like Kwateng did in the UK

1 Like

Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by jmoore(m): 10:13pm On Feb 13, 2023
pineed:

It's actually Emefiele, he is/acts as national financial advisor to the President and nation.

If his advice & strategy fails he should be fired.. just like Kwateng did in the UK

So why is the minister of Petroleum not blamed for petrol being sold at 450 naira per litre?
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by RZArecta(m): 10:54pm On Feb 13, 2023
pineed:

This one pass global financial crisis

This is human-made disaster.

No cash in circulation
No bank app working
No POS working etc
haven't you noticed that every disaster happening at least for the past few years is human made and heavily scripted, all headed towards one goal ? Haven't you noticed the inevitable event that is soon to happen ? Prepare for cashless economy by March first
Re: How Can One Remove 3tr 'old' Notes, Print Only 300b New Notes & Not Expect Chaos by LegendHero(m): 11:02pm On Feb 13, 2023
OP, you have answered your question yourself.

Emefiele purposely want to create chaos and that chaos is here.

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