₦airaland Forum

Janiewinkle:
In my opinion, the easiest way for the CBN to enforce the cashless policy is to do away with higher denomination notes.

Eradicate N200, N500,, and N1,000.

Simply make N100 the highest naira denomination and cash based transactions would decrease drastically.

Just imagine that you want to buy a TV of 300k and you decide to pay in cash you will need a big Ghana-must-go of N100 naira notes.

This would also stop vote buying to a large extent.
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Best thinking so far. But the so called Economist and graduates been hired to tackle this issue have no clue.