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Redesigning Of Naira Notes: We Are Not Aware - Finance Minister - Politics (2) - Nairaland

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Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Eriokanmi: 8:03pm On Oct 28, 2022
Confused individuals grin
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by OgaTheTop2: 8:04pm On Oct 28, 2022
smiley
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Dubs(m): 8:04pm On Oct 28, 2022
I'm in a state of dilemma here what!!! Ministry of finance is not aware of the nation apex bank policy, how come aaah what a country.

4 Likes

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by nesphil(m): 8:05pm On Oct 28, 2022
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by tinsel: 8:06pm On Oct 28, 2022
Ecos:
grin
It is now officially confirmed that Nigeria, APC, Buhari , Tulunbu and his worthless urchins has destroyed these country beyond repair. Make i quietly go look for money enter either Canada or Europe. This life na one come, make I no game am.
Before I wake up one fateful morning and look myself say I don old with grey hair preparing to meet my maker wey I never achieve anything because of bad leadership. Chukwu aju
Is Tinubu in government? Why do you people always involve him in any thing with government policies and inadequacies? Because he helped Buhari to power

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by slivertongue: 8:06pm On Oct 28, 2022
ALI BABA AND THE FORTY THIEF GOVT.

INCOMPETENT ADMINISTRATION

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by otomatic(m): 8:07pm On Oct 28, 2022
This is corruption fighting back.

The CBN already said they have the presidential approval necessary, not a ministerial approval.
The politicians with hoarded cash are now feeling ambushed.
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by iLoveYouToo(m): 8:11pm On Oct 28, 2022
Even if she wasn’t aware, she shouldn’t have given that response.
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Nobody: 8:12pm On Oct 28, 2022
Nigeriafirstlad:
Northerners will only vote for a northerner not Yoruba or Ibo......

bro they will vote apc
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Dcoy: 8:13pm On Oct 28, 2022
Ecos:
grin
It is now officially confirmed that Nigeria, APC, Buhari , Tulunbu and his worthless urchins has destroyed these country beyond repair. Make i quietly go look for money enter either Canada or Europe. This life na one come, make I no gamble am.
Before I wake up one fateful morning and look myself in the mirror see say I don old finish with grey hair preparing to meet my maker wey I never achieve anything because of bad leadership. God forbid !! Chukwu aju !!
Guy you just spoke the mind of almost all gifted Nigerian youth.... that hasn't made it big yet....

3 Likes

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by ATLIEN2027: 8:13pm On Oct 28, 2022
Worst CBN Governor ever.

1 Like 1 Share

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Nobody: 8:14pm On Oct 28, 2022
Interesting...
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Ecos(m): 8:16pm On Oct 28, 2022
Dcoy:

Guy you just spoke the mind of almost all gifted Nigerian youth.... that hasn't made it big yet....
Every able young man or woman should just leave this country because this country is finished beyond redemption

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by onuman: 8:17pm On Oct 28, 2022
chisomkachy:


https://tribuneonlineng.com/we-are-not-aware-of-plans-by-cbn-to-redesign-naira-we-only-heard-it-in-the-media-says-finance-minister/?utm_source=&utm_medium=twitter


Hard to believe that the CBN governor who is under the Ministry of Finance would start to redesign the Naira without the approval of his boss, the Minister of Finance.

1 Like 1 Share

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by lookingfly: 8:18pm On Oct 28, 2022
omowolewa:
Write to the CBN demanding explanation and effects

Who are the PMB Economic Team, seems they have no Coach.
if you've not realized that Nigeria is on autopilot, you're a long thing.

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by d142475: 8:20pm On Oct 28, 2022
The CBN needs to be moved from Abuja to Lagos; the Supreme Court be moved from Abuja to Enugu; the national assembly be moved from Abuja to Ibadan; the naval headquarters be moved to Porthacourt, the army headquarters be moved to Kaduna, and the airforce headquarters be moved to Abeokuta. INEC headquarters be moved to Lokoja; NNPC headquarters be moved to Uyo; customs headquarters be moved to Lagos; DSS command be moved to Auchi.
We need to decentralize this damn country. This country is designed to keep the federating units esnalved to the cabals in Abuja,people who do not know us nor care about us. Enough is enough.

Each state needs to have their own education policy and capacity for accrediting schools and university in their jurisdiction (with the federal government only providing broad guidelines and serving in a consultative capacity.

States need to have the ability to generate their own power or opt to join the national grid.

States need to be able to control their own resources and pay something to the federal government and not the other way round.

States need to have their own respective constitutions, police, and national guards.

States in a region need to be subordinated to a regional government, which coordinates the joint affairs of each region so that the respective regions can speak with one voice.

We need to have a part time national assembly that meets for a specific times in a year and ad hoc.

There need to be a referendum clause in the constitution.

It needs to be clear that Nigeria is a secular state. The state is supposed to be absolutely neutral in matters of religion and faith.

Enough is enough. We need to liberate our country from the hands of foreign marauders, who have hijacked our government and are bent on controlling our lives and stifling our dreams.

6 Likes

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Mfetenang: 8:21pm On Oct 28, 2022
Just reading these comments I realised how illiterate some people are.
For your information, the CBN is an independent organisation and has no association with the Nigerian government.
IPOB fools,when your parents asked you to go to school you decided to sell spare parts instead. Now you don't know the difference between CBN and government. Illiteracy is a big problem in this country.

2 Likes 1 Share

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by BlakKluKluxKlan(m): 8:28pm On Oct 28, 2022
Gentino:
Even Buhari, the father of unawareness is not aware too.

���
Las las, Buhari will be shocked to hear of it.

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by edward1106(m): 8:31pm On Oct 28, 2022
9jatriot:
Is this not a good opportunity to finally sack this man? The man seems desperate to cashout and recover his ill advice100M spent on buying presidential form

Sometimes I wonder if some of you guys are Nigerians. Do you think the CBN governor can take an action without the President being aware or even the president being the source of the command? Why can't you call for the sack of the head than the hand?
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Rich4god(m): 8:32pm On Oct 28, 2022
From her LinkedIn page

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Nobody: 8:33pm On Oct 28, 2022
iLoveYouToo:
Even if she wasn’t aware, she shouldn’t have given that response.

Some Nigerians created this confusion some years back because of the hatred some people mainly from a particular region had for intellect and finesse. While admitting that the woman's greatest strength is her closeness to El - Rufai who is a genius, but El - Rufai cannot be available to mentor her on economic and monetary policies all the time.

CBN has constitutional power over monetary policy. Senator Opeyemi Bamidele should know that the fact that naira depreciates just within two days of announcement is the more reason we should applaud CBN for that redesigning. At the long run, naira would return back to normal value or even appreciates.

Except those buying dollars with stashed naira are buying it from banks, BDCs would create artificial exchange rate for naira not only to dollar but to GBP and Euro because of increase in demand for those currencies by those who have stashed naira in large quantities and the stress of changing the naira at Banks. This is just a temporary issue. There are lots of gain from the redesigning.

3 Likes

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by snoopz: 8:34pm On Oct 28, 2022
As the finance minister, she should know that what Godwin is about to do is long overdue
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Ventura1: 8:35pm On Oct 28, 2022
I know the NASS will be the tool politicians will used to truncate the policy, but it won't work.

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by alcuin(m): 8:37pm On Oct 28, 2022
Nigeriafirstlad:
Northerners will only vote for a northerner not Yoruba or Ibo......


So? They have been voting for Buhari prior to 2015. Did he win?

I think we rate these people too highly.

3 Likes

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Timekeeper452: 8:38pm On Oct 28, 2022
The two unwise fools of Nigeria. Their leader na the third.
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by geezynoni: 8:40pm On Oct 28, 2022
Quick Reminder : Nigeria is Fücked
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Abkrsuleiman: 8:42pm On Oct 28, 2022
Buhari and his cabinets are the worst since amalgamation
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by onatisi(m): 8:44pm On Oct 28, 2022
Massiveglory:
Emilokan and boys are not happy about the cbn move.
It is a move that will affect everybody. Now what they are saying is that every naira cash in circulation should be returned,once they withdraw,CBN will pump out few naira notes ,it won't be up to the amount they with ,they will make cash very scarce ,then will force people to start using their enaira wallet

1 Like

Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by chiefolododo(m): 8:45pm On Oct 28, 2022
Gentino:
Even Buhari, the father of unawareness is not aware too.
father of unawareness
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by jojothaiv(m): 8:49pm On Oct 28, 2022
But it's in the news already so this level of ignorance is off putting...
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by Tunjikam(m): 8:49pm On Oct 28, 2022
Come to think of it, if 80% of Nigeria currency are outside banks, we can look at it in two ways:
1. We now have many POS agent instead of going to bank and some of these monies are withdrew by POS agents in order to bring it close to people.

2. Some people are now afraid of failure of banks to secure our money from cyber fraud. Some money are withdrawn without the approval or consent of the owner. So, don't tell me if N500k is withdrawn from a particular customer's bank account and such person cannot get it back, if he or she have 1M he can never put it in the bank again.

3. Our Polibribery candidates have stacked billions of naira to buy elections.

Mumu people among our leaders will not think in these directions.
Re: Redesigning Of Naira Notes: We Are Not Aware - Finance Minister by optimistcandyboy(m): 8:49pm On Oct 28, 2022
whatever

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