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Nairaland Forum / Nairaland / General / Business / CBN Spends N281bn To Print New Notes In 5 Years (15013 Views)
Emefiele: No Papers To Print ₦200, ₦500, ₦1000 New Notes / CBN Spends N58.6 Billion To Print 2.5 Billion Pieces Of Naira Notes / Godwin Emefiele, How Hard Is It To Print New 100 Naira Notes?! Educate Us!! (2) (3) (4)
CBN Spends N281bn To Print New Notes In 5 Years by Islie: 7:54am On Oct 28, 2022 |
The CBN has spent N281.07 billion to print bank notes between 2016 and 2020 and another N3.88 billion to destroy mutilated notes within the same period. https://leadership.ng/cbn-spends-n281bn-to-print-new-notes-in-5-years/
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Re: CBN Spends N281bn To Print New Notes In 5 Years by JAMO4REAL1(m): 7:59am On Oct 28, 2022 |
Haaaaaaaa CBN & corrupt leader, God will have mercy save this country for us 27 Likes 1 Share |
Re: CBN Spends N281bn To Print New Notes In 5 Years by PlayMaker14: 8:02am On Oct 28, 2022 |
One day, una go leave office. 57 Likes 4 Shares |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Asabe4(f): 8:05am On Oct 28, 2022 |
I honestly hope the reason behind spending this much on nee currencies(at a time like this) is worth it,eventually. 1 Like |
Re: CBN Spends N281bn To Print New Notes In 5 Years by dawnomike(m): 8:07am On Oct 28, 2022 |
They should pay me just 100million naira to destroy the old notes... Yeye people 37 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Nobody: 8:14am On Oct 28, 2022 |
Priting money and destroying money does not come cheap. You need money to create money, you need money to destroy it, isn't it funny. It is also similar when building and destroying a house, you need money to build a house, you also need money to destroy it. 24 Likes 3 Shares |
Re: CBN Spends N281bn To Print New Notes In 5 Years by rickpat(m): 8:35am On Oct 28, 2022 |
will the new notes make one naira to be equal to one dollar? this Nigeria sef 9 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by inoki247: 8:39am On Oct 28, 2022 |
he go be.... Doz Bureau the change go soon turn this to business dem go soon dey buy old currency and selling new one at high rate... 4 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by OgaDeyVex: 1:55pm On Oct 28, 2022 |
Nawa o |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Aldol: 1:55pm On Oct 28, 2022 |
God punish everyone involved in this fraud of a thing 13 Likes 1 Share |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Akwamkpuruamu: 1:56pm On Oct 28, 2022 |
Na free money, make dem de chop am anyhow When we say we are voting for Obi, thieves get annoyed because he's their nemesis 8 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by mytime24(f): 1:57pm On Oct 28, 2022 |
Sea dry bt canoe dey move 1 Like |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Primusinterpares(m): 1:57pm On Oct 28, 2022 |
You need money to destroy money.... Irony of life 2 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by LogicallySXT(m): 1:58pm On Oct 28, 2022 |
This country is messed up... 1 Like |
Re: CBN Spends N281bn To Print New Notes In 5 Years by handsomeyinka(m): 1:58pm On Oct 28, 2022 |
.. 1 Like |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Scrupulous419(m): 1:58pm On Oct 28, 2022 |
PlayMaker14: Then wetin go happen? Abeg leave our leaders alone. APC is doing a great job bros, leave that thing media dey show u o |
Re: CBN Spends N281bn To Print New Notes In 5 Years by LuxInnovation1: 1:58pm On Oct 28, 2022 |
Islie: This story is one sided, stereotypical and meant to disparage Emefiele's efforts. You only stated how much was spent to print money, after printing, how many notes did they realize and was it not worth more than the amount spent. Think, think, you have brains 1 Like |
Re: CBN Spends N281bn To Print New Notes In 5 Years by pekisdgee(m): 1:59pm On Oct 28, 2022 |
Them they use money to print money this life no just balance LWKMD |
Re: CBN Spends N281bn To Print New Notes In 5 Years by iwaeda: 1:59pm On Oct 28, 2022 |
Islie: This government is the worst since 1960 and someone wants APC to continue. 5 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by fineboynl(m): 1:59pm On Oct 28, 2022 |
.. they spent billions just to destroy naira notes, government inflating price is the major reason for inflation, it's called. government magic. Only if they pay me 36M I will destroy the notes. 5 Likes 1 Share |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Nobody: 1:59pm On Oct 28, 2022 |
A Kpi See. Worst political party in the world. |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Skillsnigeria: 2:00pm On Oct 28, 2022 |
Noted |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Fallout: 2:00pm On Oct 28, 2022 |
Na wao, they use money to print money, they still used money to destroy money… this government just like wasting money sha. 1 Like
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Re: CBN Spends N281bn To Print New Notes In 5 Years by israelmao(m): 2:00pm On Oct 28, 2022 |
If Nigerians inculcate culture of handling the naira notes with sense of dignity and respect CBN may spend far less to print naira notes. 2 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Boyooosa(m): 2:01pm On Oct 28, 2022 |
Wawu |
Re: CBN Spends N281bn To Print New Notes In 5 Years by LeeSantos(m): 2:01pm On Oct 28, 2022 |
Who did we offend 1 Like |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Primusinterpares(m): 2:01pm On Oct 28, 2022 |
For minting money that's a bit logical although we know those are falsified figures the CBN is ditching o. But they should bring a breakdown of how they used billions in destroying money... Maybe 10 million for matches 500 million for fuel Workmanship to carry out the burning / shredding operation 10 billion. 9 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Nobody: 2:01pm On Oct 28, 2022 |
Cbn and Nnpc Very dirty places 2 Likes |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Racoon(m): 2:01pm On Oct 28, 2022 |
CONCERNS ON COST OF PRINTING NAIRA NOTES |
Re: CBN Spends N281bn To Print New Notes In 5 Years by Bet9jas4553: 2:01pm On Oct 28, 2022 |
Ok |
Re: CBN Spends N281bn To Print New Notes In 5 Years by EKONGKING: 2:02pm On Oct 28, 2022 |
Ok |
We Have Enough FOREX, CBN Tells Investors / Onion Business Is Very Lucrative / Innoson To Begin Tyre Production In Nigeria
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