Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,699 members, 7,820,443 topics. Date: Tuesday, 07 May 2024 at 02:57 PM

CBN Cashless Policy Is The Most Useless Policy Ever In The World - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / CBN Cashless Policy Is The Most Useless Policy Ever In The World (355 Views)

How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria / CBN’s Cashless Policy Has Reduced Terrorists' Activities In North East - Army / Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing (2) (3) (4)

(1) (Reply) (Go Down)

CBN Cashless Policy Is The Most Useless Policy Ever In The World by Buharifan: 11:00am On Mar 26, 2023
It is exercise in futility, lives were lost, people hospitalized and emefiele is still in office.

God will judge Atiku and peter Obi that supported the policy and emboldened emefiele

3 Likes 1 Share

Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by meetme01: 11:13am On Mar 26, 2023
Sincerely yours, it's a very laudable policy that would increase our growth rate and reduced corruption.
Let me give you an example..

In any govt establishment in Nigeria (State or Federal), if you get an approval for 1M to do something. The PS will collect in cash, the Director will collect in cash..all these are not traceable which makes it difficult for EFCC and ICPC. The money that was meant to develop or establish some group of people have gone down the drain. We blame the govt of doing nothing.

But the few months of the policy, those I mentioned were scared to drop their accounts for such money. They either let go or find a third party. Don't forger, if kamala burst, they money will be traced and refunded. Now, the programme will be done as expected.

The only problem is that, everything in Nigeria is political. And policy with political undertone will never work. It will fail. How will you give short notice for withdrawal of old money in circulation when the new ones are enough in circulation. The politicians who sabotaged it for their personal interest and it backfired. If Nigeria were a country, Emefiele should be in jail or lost his job.
Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by superCleanworks(m): 11:16am On Mar 26, 2023
it is the best all over the world.
even UK and US are learning from us right now.

grin
Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by N3TRAL: 11:18am On Mar 26, 2023
Politics aside, I love the policy.

Nigerians will reap positive benefits in the long term.
Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by ManOfMan: 11:27am On Mar 26, 2023
Buharifan:
It is exercise in futility, lives were lost, people hospitalized and emefiele is still in office.

God will judge Atiku and peter Obi that supported the policy and emboldened emefiele

Are you not an idiot? You cleverly exempted the chief culprit, Mr Buhari, the president, on whose table the bulk stops, from blame but places curses on mere (ordinary) supporters. Your brain dey work at all? There are only two people to blame for this naira change nonsense - Buhari (95% of the blame) and the idiotic CBN governor (5% 9f the blame)

1 Like

Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by MasterJayJay: 11:51am On Mar 26, 2023
Buharifan:
It is exercise in futility, lives were lost, people hospitalized and emefiele is still in office.

God will judge Atiku and peter Obi that supported the policy and emboldened emefiele

Buhari the president that appointed Emefiele and approved the policy will be made an Angel in heaven.


Babablu Bluublu gazelle gagaraga.
Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by ganisucks(f): 11:53am On Mar 26, 2023
Buharifan:
It is exercise in futility, lives were lost, people hospitalized and emefiele is still in office.

God will judge Atiku and peter Obi that supported the policy and emboldened emefiele
The policy was an amazing success. You will soon see the fruits.
Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by Dozis: 12:06pm On Mar 26, 2023
Peter Obi and Atiku Abubakar are being blamed for Buhari's policy. These people are mentally deranged and their cowardice is sickening.
Re: CBN Cashless Policy Is The Most Useless Policy Ever In The World by CodeTemplar: 12:37pm On Mar 26, 2023
Buharifan:
It is exercise in futility, lives were lost, people hospitalized and emefiele is still in office.

God will judge Atiku and peter Obi that supported the policy and emboldened emefiele
This was Buhari campaigned beyond swearing in date o.

(1) (Reply)

Igbo Hold Their Leader Responsible Than Any Group In Nigeria / Awka Comment: Stop Insulting Yoruba Race, Afenifere Warns Iwuanyanwu / The Scare Moment An 11 Yrs Old Boy Was Reportedly Abducted By Security Operative

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 65
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.