Who cares about your new naira notes misadventure as long as we have enough old naira notes in circulation? Only Zombiedients, Obi and Atiku applauded Emefiele and Buhari on the confiscation of naira notes because they believed that it was a sure for them to win the presidential election.

Islie:
• Consumers, businesses groan over elusive notes

• Advocate calls for higher value banknotes



https://thenationonlineng.net/why-new-naira-notes-are-scarce-cbn-sources/

Unless the incoming president put an injunction for continual use of the old notes as legal tender pending the when the new notes are fully circulated all over the country hence in contrast, the suffering will be twice the coming year. Aluta continue...

datola:
One economist in the report is even suggesting CBN introduces higher denominations; N2,000 N5,000, N10,000, N20,000. That will create bigger problems for us..

If I were them, I will even cancel N500, and N1,000 and make N200 highest denomination.

With our naira that doesn't have much value? Lol.
Higher denominations have more advantages

LeoDeKing:
Emefiele never intended changing currency. That explains why the new notes were not printed together currency demand.

All his plan was to punish Tinubu while unintelligent ipob terrorists cheered him up. It could be recalled that Atiku, pandora Obituary and ipob terrorists were all hailing Buhari and Emefiele at the peak of currency scarcity.

But immediately after election when the scarcity was still biting despite punishing Tinubu, same ipob terrorists quickly turned around to start blaming Tinubu who was to be punished. Their reason being that it was APC policy. I kept wondering if Buhari and Apc were in Labour party when they came up with the policy while the unintelligent ipob terrorists cheer them up.

That's to tell that they were not sincere even with themselves. Many people in Nigeria are selfish, what they lack is opportunity to show their true colours

adioolayi:
Advocate calls for higher value banknotes


Advocate Isonu

It is to reduce the quantity of cash in circulation but still retains the same value.
It is to help CBN spend less in producing new notes but still have the same or higher value in circulation.

The man said that there is no way CBN would remove about 9 billion pieces of old notes from the circulation and still print another 9 billion pieces of new notes because of the amount of money the production will cost.

maasoap:


It is to reduce the quantity of cash in circulation but still retains the same value.
It is to help CBN spend less in producing new notes but still have the same or higher value in circulation.

The man said that there is no way CBN would remove about 9 billion pieces of old notes from the circulation and still print another 9 billion pieces of new notes because of the amount of money the production will cost.

So, we should have #2000 note

Where are the coins and lower denomination of #5, #10, #20
What purchasing power do they have now despite being a legal tender

What do you think will happen to the struggling #50 and #100 if we have #2000 notes

Lies! Nobody is hoarding the new naira notes; it just doesn't exist anymore! They're not printing they are not planning on making it available because Emefailure is desperate to have a cashless economy

Cut and join buhrinomics

Birdbyrde440:



Demonitisation is the way to go.
Declare the old and new N1000, N500 notes as illegal.

Revalue by removing one zero so that
N1000 becomes equivalent to N100
N500 = N50
N200= N20
N100=N10
N50= N5
N20=N2
N10= N1
N5= 50 kobo

Any outside this will lead to economic suicide, hyperinflation.

They want to also remove fuel subsidy.

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adioolayi:


So, we should have #2000 note

Where are the coins and lower denomination of #5, #10, #20
What purchasing power do they have now despite being a legal tender

They don't have value anymore! They can't be used to purchase anything individually unless you stack them together and that will give you bulk problem.

What do you think will happen to the struggling #50 and #100 if we have #2000 notes

Lol. Don't tell me that you're one of those economists who believe that having higher currency denominations is the cause of inflation and loss of currency value.