Truth234: I don't need CBN to explain the advantages and disadvantages of this to me, I know how it works. Also, I don't have to believe CBN when CIC is published every quarter. Even CBN will not be able to function in so many areas like Interest rate adjustment/fixing, fiscal policy, manage inflation and many more without the data used for this particular decision.
This is not new to financial guys. In your other comment, I noticed you mentioned bank managers? There is a cashless policy, meaning every transaction is capped even for banks. How much is their operating capital? for the Fugaz is more than N300 billion. Any unusual transaction would be flagged.
When and where did I mention bank managers? What's the correlation between your 2nd paragraph & whate6it is you say I said before?
If you don't need cbn to explain the advantages and disadvantages, what is the justification for this exercise? Kindly explain the advantage of this exercise or the problem it will solve?
siraj1402: Meanwhile many of them are so desperate to change their kept Naira to dollar as they can't take it to the bank thereby causing dollar scarcity. Dollar will surly reach #1000 to a dollar soon.
How many times have you seen a Tinubu or atiku in the bank? They don't need to take their money to the bank. The bank will come to them and go and deposit their money for them
Truth234: CBN said N2.7 trillion outside the banking system. if N50 million will take you three weeks, please do N2.7 trillion. You shouldn't get through N500 million before the BDC/Aboki set you up or people you are working with go rogue.
And so you believe cbn? Has CBN been able to explain the justification for this exercise? Has it been able to explain the advantage of this exercise or the problem it will solve?
Gbeng30: Changing of this note doesn't change anything, this is the result, most of this big man politicians have the manager of Nigeria banks in their pockets who change this money for them at anytime... ChangIng of this note it's just another corruption
yinkeys: They’d buy food & gifts in large quantities & hoard At the end of this money redesign you’d see it’s not the criminals that’d suffer but regular citizens
aieromon: Look at the picture closely. That is a bundle.
If 2.7 trillion naira out of 3.2 trillion is outside the vaults of the commercial banks, that is currency hoarding.
How did you come about your definition? Did you get from cbn? What makes you think that a will have up to 1trillion in it's vault in the first place? What will banks be doing with that kind of money in the vault when customers are queueing up looking for cash?
You are ridiculing yourself with your analogy because you suppose that all the money should be in bank vaults. That supposition is actually the hoarding because money is of no value sitting in a bank vault. Money is only useful in the hands of the consumers not bank vaults.
If a person decides to keep all his money at home, that is his business. Not yours or the CBNs. It's his money. As far as I know, I don't remember hearing any nigerian complaining of scarcity of naira notes. Pls get your facts and stop making up stories
This is what we have been trying to tell some foolish and shortsighted idiots here that these corrupt politicians and kidnappers that have been hoarding naira will be forced to start throwing it around as they can’t deposit it in the bank and some fools are here arguing.
Tinubu, Atiku and co, who packed money to buy votes will be choked; together with their BATstards.
See as 2007 naira note fine.
What concerns cbn with whether politicians decide to hoard or not hoard naira notes? How will redesigning the currency improve the economy?
The haters have been shouting that Tinubu should go present his plan to an audience he has done it now.
I am sure the next thing will be to tell him to do gymnastics
When you say someone is an incoming president, it means he won an electoral contest and now awaiting swearing in. Which election has Tinubu won that confers on him the status of incoming president?
seunmsg: He’s speaking to those that matter and that’s the best way to go about it. Asiwaju Bola Tinubu is the best candidate in the race and I have no doubt in my mind that he will make an excellent president.
How will tinubu make an excellent president and how is he the best candidate?
dyera: Meanwhile Tinubu is currently Attending Lagos Business Community And Private Sector Meeting. Tinubu is a heartless human being that only cares about himself and if he becomes the president, he will also not care if people died in the country.
Wetin make Tinubu do for this matter wey davido no do?
https://www.youtube.com/watch?v=-nMNLY4sP0s The Lagos State Police Command on Tuesday morning confirmed the death of Ifeanyi Adeleke, son of popular music artiste, Davido, and his fiancée, Chioma Rowland.
Ifeanyi’s nanny, eight others arrested over his de@th
At least nine persons, including Ifeanyi’s nanny and cook, have been arrested by the police in Lagos State in connection with his de@th.
They should leave them alone jare. Person wey get house build swimming pool without any safety features to prevent a child from falling into the swimming pool. Dbanjs own happened and swimming pool owners with toddlers didn't learn any lessons. We now want cooks and nannies to learn those lessons
Zionmdde: Will u support what you said if u lost a blood relation there? Lagos is peculiar for traffic congestion, even if the fire service was mobilized immediately, will they fly? Please stop supporting rubbish
You haven't answered my questions.
Which fathers, mothers, brothers, sisters etc were burnt beyond recognition?
Is there anything he said that isn't the truth? If there is, kindly point it out Will u support what you said if u lost
Zionmdde: U sound stupid Does this look like another political rubbish to u? People lost there father, brothers, sisters etc burnt beyond recognition and u think its another day to showcase foolishness
Tufiakwa
Which fathers, mothers, brothers, sisters etc were burnt beyond recognition?
Is there anything he said that isn't the truth? If there is, kindly point it out
zoedew: One expects that the police will take in the reckless and irresponsible parents who live a wild lifestyle for questioning and possible prosecution. The interest of the dead child was not well protected while he lived. In saner climes the parents will be required to provide answers to questions as to where they were and with whom did they leave the child when the unfortunate incident happened? Both parents should do time in the rabbit hole to correct their mentality. Long time back that child should have been taken away from the wild parents by the State in compliance with the child rights act that stipulates the interest of the child as paramount.
The domestic staff are the scapegoats. Dbanj own happen. Where were the parents?
N3TRAL: D'banj lost his first child under similar circumstances in June 2018.
A week before the tragic incidence, D'banj posted a video where he walked with the boy past the pool and the boy was staring at the pool with curiosity.
A fan on Instagram told him to cover the pool immediately because the way the boy looked at the pool showed he was willing to jump into it when he had an opportunity. The fan's comment went unnoticed until the uneventful happened.
You can never perfectly watch over toddlers if you're human. I remember swallowing a screw as a 5-year old under the custody of my mother. Luckily, I vomited it on our way to the hospital.
When that baby sees the pool and notices that anytime he wants to go swim you stop him, the baby in his little mind strategizes and plans all day to find the best time to run inside the swimming pool without resistance. The toddler most likely knows he can sneak out to be in the forbidden pool but doesn't know that water has enemies.
There's what is called Childproof designs. Even if you have the best nannies around, the best practice is to build Childproof facilities when raising infants. Just like bulletproof vehicles come to the rescue when human security personnel fail, Childproof infrastructure prevent fatality when human nannies fail.
This should be the straw that breaks the camel's back . Facilities that pose no risk to children should rank higher than luxurious facilities in the scale of preference of parents with little children.
My thoughts and prayers are with the parents of the deceased.
Am glad you mentioned the dbanj case. Like you noted, little safety precautions were ignored. How a toddler left the care of adults and found his way to a swimming pool is amazing. Same thing has occurred in this davido case. Ideally, the parents should have a case to answer for negligence
Sonyboom: How many times do you want your question answered or you are brain dead. The answer he gave is well explained below if you can not read n comprehend call your father
Your emotional outbursts haven't answered the questions. Kindly provide the answers you say he answered and match them with questions as enumerated. Thank you.
1. When was Lagos maternity duplicated in ajah and ikorodu? Can Tinubu allow his daughter to give birth in island maternity?
2. Pls how many govt schools in Lagos can Tinubus grand children attend?
3. This RRS, what was its name before Tinubu became governor?
4. What agricultural advantage does Lagos have over Anambra or any state in the country?
5. Pls owns BRT? Who owns primero?
6. How many lagosians can afford to live on eko Atlantic? Apart azure towers, what else is on eko Atlantic?
Pls go on and on
7. How did you come to the conclusion that I am Igbo?
Bobloco: Akintoye said, “The people planning the congress are few agents of Nigerian politicians within the struggle. Bola Tinubu, the presidential candidate of the ruling All Progressives Congress, is currently recruiting some power-seeking individuals within the self-determination struggle to either discredit me or destroy the movement completely".
This is the same thing he did with Afenifere
The Emilokan drug lord is a confusionist, a desperado ready to bring down the entire Yoruba nation just to achieve his death on arrival life long ambition
Also add this:
The statement further went on to note that, “Also, Bola Tinubu has threatened to destroy Ilana Omo Oodua and other serious self-determination organisations in Yorubaland because we told him that he is merely after his personal interest and not the interest of the Yoruba people.
OLOKOESHIN: Your whole family can never smell his odour in public talk less of seeing the man Tinubu the trillionaire...You can see your One shoe man Obi any day to smell his armpit if he has money to buy roll on
tribalmall: Mr Foolish you asked all the wrong questions as your Igbotic chronic irredeemable hate / bigotry as beclouded your pathetic sense of reasoning so I will help you rephrase for this discourse.
Lagos Island maternity was not only standing short but was gutter by fire n abandoned for several years before Tinubu rebuilt n commissioned it. Like below for you hate induced Igbo father.
While Tinubu built millennium schools which Lagos is proud n boast of today what school did the Pandora oloriburuku kleptomaniac that it will never ever be beta for build in Anambra. Pls name a single one n which school in Anamabra does Obi household attend in Anambra not talk talk of his own children.
So it is a crime to repackage Operation Sweep into RRS cos of your Igbotic hate, if that be the case everything that use to be good in the 90s how many as Nigeria Alaigbo n Anambra in particular been able to repackage to ensure it is still functioning today. Your head no just correct I swear to God. Nigeria lack maintenance culture you still see person able to adhere to reasonable standard you still de wail. How secure is Anambra today bearing in mind Tinubu left govt office before this Pandora bastard Peter Obi. What security architecture did Obi leave that can be compared to RRS today. See foolish Igbo should understand it is not by paying for award like Obi did but how long lasting your programs are.
BRT should have been given to Ekedilichukwu Chisco ABC Ekesons Ifesinachi GUO GIG etc to run cos I do not understand your foolishness about who is who here. Are they not Nigerians n Lagosians ?!
Foolish igbos like you complain that Lagos is not developed like Cairo Cape town Joburg etc n same you is here lamenting like dead brains about the only project in the entire Nigeria that can be compared to their development. Will hate not kill n condemned you hopelessly senseless Igbos like this.
Do you even know that Eko Atlantic is the only project you won't be packing shit from house to house it operate the only sewage system in the country. I beg I get work this morning make you no waste my time with your foolishness. I deliberately left out agriculture cos yeah Obi might have done beta at that compared to Tinubu but Tinubu did beta in every other leadership governance aspect.
You haven't answered the questions.
When was Lagos maternity duplicated in ajah and ikorodu? Can Tinubu allow his daughter to give birth in island maternity?
Pls how many govt schools in Lagos can Tinubus grand children attend?
This RRS, what was its name before Tinubu became governor?
What agricultural advantage does Lagos have over Anambra or any state in the country?
Pls owns BRT? Who owns primero?
How lagosians can afford to live on eko Atlantic? Apart azure towers, what else is on eko Atlantic?