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Why Is The New Naira Note Not In Circulation - Politics - Nairaland

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Why Is The New Naira Note Not In Circulation by Solofresh2: 8:02am On Feb 17, 2023
Yes the old naira notes don't remain a legal tender in Nigeria anymore but why is the new naira note which is now the legal tender in the country not in circulation?
I left Nigeria late January only to see booming stories on Naira scarcity.I can even see that some Nigerians are in support of this, claiming it would stop vote buying of a particular presidential candidate.Some Nigerians are suffering and happy because of the Naira scarcity.
Now what if that presidential candidate wins after the Naira scarcity issue.
The Nigerian government are playing games with the well being of over 200 million people and some people are happy about it?
Re: Why Is The New Naira Note Not In Circulation by SmartPolician: 8:18am On Feb 17, 2023
Solofresh2:
Yes the old naira notes don't remain a legal tender in Nigeria anymore but why is the new naira note which is now the legal tender in the country not in circulation?
I left Nigeria late January only to see booming stories on Naira scarcity.I can even see that some Nigerians are in support of this, claiming it would stop vote buying of a particular presidential candidate.Some Nigerians are suffering and happy because of the Naira scarcity.

Now what if that presidential candidate wins after the Naira scarcity issue?

The Nigerian government are playing games with the well being of over 200 million people and some people are happy about it?
Good question. If he wins, then we know that he's the one the vast majority want. That's what happens in an ideal situation so that when the sufferings come, we know that people imposed it upon themselves clear-headed.

On the flip side, you cannot leave 133 million people living in multidimensional penury and 20 million kids out-of-school and you expect your party to win an election. APC should be apologizing for destroying Nigeria's economy, not stashing money away to buy votes after subjecting the electorates to abject poverty.

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Re: Why Is The New Naira Note Not In Circulation by Biodun556(m): 8:21am On Feb 17, 2023
Because it is not available.

Emefiele lied on banks that they are hoarding. When people destroyed the banks and burnt them down, did they see any new note inside?
Re: Why Is The New Naira Note Not In Circulation by inoki247: 8:24am On Feb 17, 2023
SmartPolician:

Good question. If he wins, then we know that he's the one the vast majority want. That's what happens in an ideal situation so that when the sufferings come, we know that people imposed it upon themselves clear-headed.

On the flip side, you cannot leave 133 million people living in multidimensional penury and 20 million kids out-of-school and you expect your party to win an election. APC should be apologizing for destroying Nigeria's economy, not stashing money away to buy votes after subjecting the electorates to abject poverty.


So if he wins that means we all suffer in vain cry cry

You people will rather support evil cause it suit your narrative,....

New note wey we dey see any aw for Dec don run comot for the face of the earth all of a sudden...
Re: Why Is The New Naira Note Not In Circulation by SmartPolician: 8:34am On Feb 17, 2023
inoki247:



So if he wins that means we all suffer in vain cry cry

You people will rather support evil cause it suit your narrative,....

New note wey we dey see any aw for Dec don run comot for the face of the earth all of a sudden...

@the emboldened

That's because politicians are mopping them up for vote-buying - something Buhari is trying so hard to stop. This, my faceless friend, is common sense.
Re: Why Is The New Naira Note Not In Circulation by duro4chang(m): 8:51am On Feb 17, 2023
They did not print enough. The cost of printing is high. They foolishly started what they cannot finish.

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