PointZerom:


Don't ever think you're smarter than somebody who layes ambush against you.

CBN knows what they're doing but if you chose to be a victim that's your business.

salesbloo:
You see why APC Governors are right




I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account

On the other hand if the above scenario is not plausible because of BVN, instead of depositing it, since there are no new naira notes, I will just spend it .Why should I return them since there is no new naira notes and no deadline. Let continue to recirculate them, CBN want to scam us again. To get old or new notes you pay as high as 20%


Redesign Policy is completely defeated

Am I right or wrong?

9jvirgin:
Atiku, pabloescoBAT and Osi-Omo-Ole will be confronted with the reality and resolve of the Nigerian people to take back their country on Election Day.

If Peter Obi does not win this election, we will be doomed.

Peter Obi, the continuity of Nigeria is solely in your hands. Please save us.

Gadafii:
that’s the cashless policy we are talking about, you and I know that if I bought goods from you worth 350k and I want to pay you in the old notes right now you won’t accept, rather you would suggest I transfer the money to your account, but you are definitely not going to accept old notes in that sum

If you want to keep spending and accepting old notes, no wahala the president have spoken and nothing go happen just like before when he makes anti people policy and nothing happens

My question is why is elrufai suddenly interest in the “masses” southern kaduna is bleeding he hasn’t done anything about that, he’s definitely hiding a huge skeleton in his cupboard

salesbloo:
You see why APC Governors are right




I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account

On the other hand if the above scenario is not plausible because of BVN, instead of depositing it, since there are no new naira notes, I will just spend it .Why should I return them since there is no new naira notes and no deadline. Let continue to recirculate them, CBN want to scam us again. To get old or new notes you pay as high as 20%


Redesign Policy is completely defeated

Am I right or wrong?

salesbloo:
You see why APC Governors are right




I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account

On the other hand if the above scenario is not plausible because of BVN, instead of depositing it, since there are no new naira notes, I will just spend it .Why should I return them since there is no new naira notes and no deadline. Let continue to recirculate them, CBN want to scam us again. To get old or new notes you pay as high as 20%


Redesign Policy is completely defeated

Am I right or wrong?

CyynthiaKiss:


No, it has not been defeated and can never be defeated!!

You can only deposit your old note; but you can't use it..
They only helped you to reduce the stress of depositing it at the CBN ...

Nobody is or will collect old cash.. Those that still have theirs have been given an opportunity to visit any bank around to deposit it, not CBN...

Guess what, the situation will escalate more next week because after depositing the old note, the new note is not yet fully accessible

Ijaya123:
Absolutely.

When the reasoning behind it is political rather than for economic considerations, it is bound to fail. Now people can continue to spend the old N500 and N1000 notes since banks will collect them whenever it is deposited.

Buhari and Emefailure messed up big time.

Looks like Tinubu is the man to beat in the coming election. Everything being thrown at him are not just working. Now I understand why Fashola said "Underestimate Tinubu at your own peril".

AtikuOkowa:


You eat even those that act like cows?

No,we are not hurting Chief Tinubu,we even give him flag and campaigned for him. But Tinubu keeps saying the target is against him,maybe he is laughing that it would not hurt him?

Tinubu is miles ahead of us from Abuja to Lagos,just that we are trillions of miles above him for ever.

Do not disown your tribe,it is good to be from the most loyal tribes.

DSC7:
It's not yet defeated...

You can deposit as much as you want but you can't withdraw as much as you want...


A CBN official said, “Go to your bank but fill the form before you go. Go with your reference code you generate. With your code, banks will collect it from you. But if it is more than 500,000, you will go to the CBN and deposit it.

salesbloo:
You see why APC Governors are right




I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account

On the other hand if the above scenario is not plausible because of BVN, instead of depositing it, since there are no new naira notes, I will just spend it .Why should I return them since there is no new naira notes and no deadline. Let continue to recirculate them, CBN want to scam us again. To get old or new notes you pay as high as 20%


Redesign Policy is completely defeated

Am I right or wrong?

salesbloo:
You see why APC Governors are right




I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account

On the other hand if the above scenario is not plausible because of BVN, instead of depositing it, since there are no new naira notes, I will just spend it .Why should I return them since there is no new naira notes and no deadline. Let continue to recirculate them, CBN want to scam us again. To get old or new notes you pay as high as 20%


Redesign Policy is completely defeated

Am I right or wrong?

AtikuOkowa:


That is it.

So tell your tribesmen to calm down,stop protest,Buhari is doing this for Tinubu win.

hhhh

AtikuOkowa:
wait and see where they are heading to

this matter is first for vote buying.

Before 25th,the last order will come.

Padipadi:

No one is dis-owning tribe.
But I ll accept all you v to say now cos victory is ahead.
But I don mark your moniker.
You ll be treated in the language you understand in fullness of time just like Buhari promised Igbos.

Pierocash:
lol,you make me laugh.

The policy has fulfilled its purpose. Nobody will collect old notes from you. That you can deposit 500k at 5 different branches is nothing. What matters is that those billions cannot buy votes this time,no one will collect it

The CBN are mapping out ways to alleviate the innocent masses from the main targets who are the corrupt governors.
They are holding billions correct... but these billions will be distributed in thousands to to each party structure.... governors .... ward chairmen.... different party officials.....e.t.c.... so vote buying still persist

The vote buyers are holding billions not 2.5m.

Mind you,the deposit is only once ,you can't do it twice,your bvn will show it no matter how many accounts you operate

Tayorshd2:
Yes oo because they have ordered banks to start collecting the old 500 and 1000 now

Emefiele is clueless about leadership's

Cantonese:


The joke will be on you, unfortunately, if you believe that the policy is defeated.

Old notes have become outdated everywhere in Lagos. The market people have since stopped buying or selling with the old notes. Buses have been rejecting them, and that's with the order of Sanwo Olu in Lagos.

We can use Lagos to measure what happening in the rest of the SW. What happens in Lagos has a spill over effect in the rest of the SW especially and in a lot of cases, the rest of the country. Do not forget that Lagos is the commercial capital of the entire federation.

The SE and SS have rejected the old notes and they are no longer usable there. How can you reverse that?

The CBN knows the tricks that the public will apply. They know that people with several accounts will use several banks. Ask yourself how easy you can find it to deposit in the banks, with the long queues daily.

The gra gra of the governors will not help. Everyone has listened to the FG. No reasonable market person wants to listen to El rufai or Ganduje. No one wants to take the risk anymore.

The wahala finally is on the politicians, BDCs and criminal gangs across all parties and the country. Now they are the ones who struggle with the matter.

Cantonese:


The joke will be on you, unfortunately, if you believe that the policy is defeated.

Old notes have become outdated everywhere in Lagos. The market people have since stopped buying or selling with the old notes. Buses have been rejecting them, and that's with the order of Sanwo Olu in Lagos.

We can use Lagos to measure what happening in the rest of the SW. What happens in Lagos has a spill over effect in the rest of the SW especially and in a lot of cases, the rest of the country. Do not forget that Lagos is the commercial capital of the entire federation.

The SE and SS have rejected the old notes and they are no longer usable there. How can you reverse that?

The CBN knows the tricks that the public will apply. They know that people with several accounts will use several banks. Ask yourself how easy you can find it to deposit in the banks, with the long queues daily.

The gra gra of the governors will not help. Everyone has listened to the FG. No reasonable market person wants to listen to El rufai or Ganduje. No one wants to take the risk anymore.

The wahala finally is on the politicians, BDCs and criminal gangs across all parties and the country. Now they are the ones who struggle with the matter.

ShenTeh:


While you may be right from your perspective of the short window period given by the CBN, I also strongly believe that 4 months is enough for anyone who truly wanted to comply, to be able to offload on the CBN.

Remember, the issue we have is insufficient new notes, not q to deposit . Secondly, the FG has always had a cashless policy which a lot of the people didn't comply with. For God sake, why would anyone have about N50 million in cash, (there was a video of one man at CBN yesterday). What was he waiting for?

All those people braving bullets to vandalize and loot banks are opportunistic thieves who would find it difficult to prove that they have any money in the banks they are destroying.

Demogorgon:
lmao, you think CBN will credit you automatically? You'll have to wait till after 4 weeks after intense verification

BestMan001:
No

Make sure you vote Peter Obi on Saturday

Icumsa45:


Politicians already have hoarded the new notes for buying and again even politicians can buy with foreign currency.

Ahmed0336:


CBN don shoot their selves for leg.


Left for me, since we are yet to see much new notes in circulation, let's continue to use the old ones as a means of legal tender pending when CBN announces deadline for commercial banks to stop receiving deposits of old notes.

If we rush go deposit all our money when we no see the new ones, how we go take cope?

CyynthiaKiss:


No, it has not been defeated and can never be defeated!!

You can only deposit your old note; but you can't use it..
They only helped you to reduce the stress of depositing it at the CBN ...

Nobody is or will collect old cash.. Those that still have theirs have been given an opportunity to visit any bank around to deposit it, not CBN...

Guess what, the situation will escalate more next week because after depositing the old note, the new note is not yet fully accessible

tolue42:


Abeg wise up.. CBN don put una for handicap...once Tinubu win the election by next week, we'll have no reason to even deposit the money again self...Emefile will need to seek asylum in the UK