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Nairaland Forum / Nairaland / General / Business / Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) (50075 Views)
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Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Swissli(f): 12:30pm On Mar 14, 2023 |
If It's Truly Cbn, It Won't Be Dumped In A Place Like This |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by SmartPolician: 12:31pm On Mar 14, 2023 |
Supremos: You didn't understand the Supreme Court ruling. Allowing Nigerians to use the old naira notes is just a way of buying time so the CBN can print enough of new naira notes. That's why the court pegged its expiration date on 31 December. The materials for printing the new notes are not readily available now. 1 Like |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Kobicove(m): 12:32pm On Mar 14, 2023 |
yaki84: A lot of the people who comment here do not reason logically! 1 Like |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Chuksyno(m): 12:34pm On Mar 14, 2023 |
This is too bad. |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by sparkleboy(m): 12:35pm On Mar 14, 2023 |
Supremos:Probe from who ? By who?😂😂😂 Y’all think this people rate you that much? 1 Like |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Nobody: 12:36pm On Mar 14, 2023 |
Supremos:Buhari n co cash out big with the evidence "destroyed" |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by sparkleboy(m): 12:38pm On Mar 14, 2023 |
Ogonimilitant:Seriously? Apparently you don’t understand what money is!!! Presently the inflation rate is 22% despite the low liquidity. Now imagine everyone having millions 😂😂 Y’all would be using tipper load of currency to pay your rent! 2 Likes |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by samwillyco1(m): 12:41pm On Mar 14, 2023 |
This is wickedness |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by fantastic1: 12:41pm On Mar 14, 2023 |
Ogonimilitant:You obviously know nothing about monetary policies. Where in the world is cash meant to be destroyed, handed over to poor people? Have you considered how the inflation caused by that will bite you in the ass? 3 Likes |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by onajo2000(m): 12:43pm On Mar 14, 2023 |
Supremos: The Bankers |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by sleeknike: 12:45pm On Mar 14, 2023 |
It has always been a culture of CBN to destroy old naira notes that have lost shape and torn. 4 Likes |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by emdis: 12:45pm On Mar 14, 2023 |
This can not be from cbn Probably politicians. Cbn would burn it up |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by SmartPolician: 12:46pm On Mar 14, 2023 |
samwillyco1: It's not wickedness. That money is no longer useful. The Supreme Court only wants the CBN to print enough of new notes between now and 31st December 2 Likes |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Anunakeeh: 12:48pm On Mar 14, 2023 |
magoo10: Assist Ko, Assistance Niiii🤣 |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by wahles(m): 12:49pm On Mar 14, 2023 |
slimfit1:I tire for Nigerians . This is a normal practice |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Anunakeeh: 12:49pm On Mar 14, 2023 |
Supremos: Hmm looking this from another angle, it certainly might be true. Anything goes in Nigeria. |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by BannedUser: 12:51pm On Mar 14, 2023 |
sparkleboy: Don't mind them. They want what happened to Zimbabwean dollars in 2008 to happen to Naira. 1 Like |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Slynation(m): 12:55pm On Mar 14, 2023 |
helinues:Oga after shredding notes, CBN doesn't throw it into the dustbin, they are usually burnt to ashes... And this is not even something to deliberate on, but since it's against CBN and Emefiele, Pro-APC supporters would masturbate over the news... 1 Like |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Ezeego1(m): 12:56pm On Mar 14, 2023 |
Supremos: What do you think the next administration will do to Buhari ? He's untouchable bro 1 Like |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by lereinter(m): 12:58pm On Mar 14, 2023 |
slimfit1: To put shred notes in bags and public space |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Chetas81(m): 12:58pm On Mar 14, 2023 |
Ogonimilitant:What a comment but we have to ask you where they I'll spend the money |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by magoo10(m): 1:00pm On Mar 14, 2023 |
Anunakeeh:please na |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by lereinter(m): 1:00pm On Mar 14, 2023 |
helinues: Maybe they have gotten same quantity of new notes |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by sunnyflakes(m): 1:01pm On Mar 14, 2023 |
Supremos: Nigerians should stop being sentimental. We know the times are hard and things are very rough but we should all pull through all of the challenge. Naira notes have been changed, bank managers connived with politicians to mop up the meager amount CBN released for the use of the economy. The Job of CBN is to oversee the entire monetary policy. Only central bank is authorized to destroy money and replace the equivalent of what is destroyed. most of the shredded cash have been destroyed before the court waded into the discussion. The Governor of the central bank was appointed by Executive and he has no autonomy and is answerable to the President. That the latter has said and done nothing about what is going on in the CBN speaks. Emefiele cannot be dancing without a drummer, he is not a madman but a man acting on instructions from above. Buhari had changed currency in the 80's while he was the Head of State. So it is not a mere coincidence that we are having a repeat of the policy in a regime headed by him. The intended effect was to deal decisively with those who have stashed cash in warehouses and septic tanks which are clearly proceeds of monumental corruption. The policy makers failed from not doing a proper policy impact assessment on the people before the policy was unleashed on the populace in full force. However, the policy have failed to achieve the intended purpose and the looters have won with the adjustment of the validity of the use of the old notes by the supreme Court and the coming to an end of the tenure of the President who formulated and is implementing the policy by May 29, 2023. 2 Likes |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by lereinter(m): 1:04pm On Mar 14, 2023 |
sparkleboy: But you said there's low liquidity So where will people get the tipper load of currency Done forget with high inflation, income hasn't increased Well am not a economic person, maybe you have better explanation |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Anunakeeh: 1:06pm On Mar 14, 2023 |
magoo10: Honorable to be Sincere. Even me sef I'm looking for Cash. The POS place i withdrew 10k at 4k charges fee earlier this month doesn't have cash anymore. It's terrible out here. |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by CHAQUR: 1:08pm On Mar 14, 2023 |
Having lived in Lagos Island in the 80s/90s, ebute elefun to be precise.... I'm not shocked. This was how we used to see burnt shredded old naira notes flying around occasionally. |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by Nobody: 1:10pm On Mar 14, 2023 |
slimfit1:Na only illiterate and emotionally handicapped people wey Dey cry and complain like mumu, they don’t know anything else other than to use their emotions to jump to unnecessary conclusions |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by legba1(m): 1:14pm On Mar 14, 2023 |
helinues: His unguided hatred for Tinubu is responsible. Even if the folks yhat dump those bags wore CBN uniform, most if them will still scream Tinubu. |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by geoworldedu: 1:14pm On Mar 14, 2023 |
slimfit1:It is a work done wrongly this time around as we don't have good mobile and online banking platforms and the new notes will now be noticeably scarce as CBN has refused to print New notes. |
Re: Bags Of Shredded Old Naira Notes Allegedly Dumped By CBN (Video) by magoo10(m): 1:26pm On Mar 14, 2023 |
Anunakeeh:Chai |
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