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Nairaland Forum / Nairaland / General / Politics / Buhari Approved Naira Redesign, CBN Replies Finance Minister (36984 Views)
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Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by baralatie(m): 10:36am On Oct 29, 2022 |
Bloomberg https://www.bloomberg.com › articles New Naira: Nigeria Bank Notes Redesign Needs Caution, IMF Warns |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by baralatie(m): 10:41am On Oct 29, 2022 |
Adebishow:Does the cbn governor have unilateral powers to virtually change/redesign a national currency without the legislative arm of government. Can the legislative arm claim the executive arm is under mining the national security of a country by doing so Just asking Let me go and check something |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Diligent1(f): 10:47am On Oct 29, 2022 |
Ecos:This is too much, you really need to control your anger so that you don't develop hypertension 1 Like |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by GreenCovering: 10:50am On Oct 29, 2022 |
Why are they quiet about the N100 note. Left as is or phased out? |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by adecz: 10:53am On Oct 29, 2022 |
Wetin Buhari sabi❓ Is he not the Commander In Chief of our armed forces and Minister of Petroleum❓ How is security and Petroleum industry today. If he is a normal person with average intelligence, he should have consulted his Minister of Finance & other stakeholders before giving Emefiele the go-ahead ☹️☹️ Mumu cow herdsman❗️❗️☹️☹️☹️ |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by BlackFlamefromP: 10:56am On Oct 29, 2022 |
Just look at the shit you are typing! If you attended a University or any higher institution beyond secondary school such schools need to be shut down as you are a disgrace to our educational system with your level of reasoning. The guy you are mention and insulted merely stated some economic fact concering different roles of CBN and Finance Ministry which even a secondary school economic student should know. And you are attacking him for that without caring to offer any logical argument to counter his point! Ecos: 1 Like |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by phemmyfour: 10:56am On Oct 29, 2022 |
Moh247:In a sane Country, they are suppose to work hand in hand. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Ojayk(m): 10:58am On Oct 29, 2022 |
Hope it will be right to state that the redesigning of the naira was more of a political move than for the acclaimed gains to the nation. Also, CBN governor's closeness to politicians should be deterred by the enactment of needed laws. Sanusi then, grew wings over the finance minister, Emefilie is doing same today. But wait, what process or procedure allowed CBN get direct approval from the President without even an ordinary "Copy to mail" to the ministry of finance which is the parent ministry of the CBN. I don't think there's anything else left to be seen or reported as it concerns abuse of process and procedures in this administration. ogododo: |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by BABANGBALI: 11:00am On Oct 29, 2022 |
Na so these people they run government? |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Adebishow: 11:02am On Oct 29, 2022 |
baralatie: I think CBN can change the currency of Nigeria provided the executive government approved the change. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Newness2019: 11:04am On Oct 29, 2022 |
VERY TIMELY ACTION.................... |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Great2017: 11:04am On Oct 29, 2022 |
baralatie:The function of the legislative arm is to make law. Has the CBN undermined the Constitution by this action? That should be your question. Leave those good for nothing thieves called legislators out of this. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Akunatakasi(m): 11:09am On Oct 29, 2022 |
edogu: You will not mind your business.. na so una go dey attract insult to una selves |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by joasman007(m): 11:09am On Oct 29, 2022 |
There must be synergy Moh247: |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Franagg(m): 11:15am On Oct 29, 2022 |
Thinkam: Atiku coming to where? Guy, Be Obidient |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by baralatie(m): 11:17am On Oct 29, 2022 |
Adebishow:Ok |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by observanc1: 11:19am On Oct 29, 2022 |
LARRYOBRAIN:CBN is not under ministry of finance, Mr Man. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by observanc1: 11:19am On Oct 29, 2022 |
Brunicekid:CBN is not under ministry of finance. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by cmt1(m): 11:20am On Oct 29, 2022 |
Moh247: Hmmm.... but there must be effective communication between the two. That is clearly lacking here. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Bigkoko: 11:32am On Oct 29, 2022 |
The sucker Punch to all those hoarding old naira notes to buy votes! Twice Emefiele has shown he love Nigerians despite having a lot of strange illiterates handling sensitive positions.... Let them open the soaker away pits and holed they buried the monies! |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Brunicekid(m): 11:33am On Oct 29, 2022 |
observanc1:CBN is under finance ministry... Check this 1 Like
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Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Bigkoko: 11:33am On Oct 29, 2022 |
Let's see how they will deposit 50 billion on personal or business accounts without source of the money..... Criminals parading themselves as leaders! |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by baralatie(m): 11:34am On Oct 29, 2022 |
Brunicekid:Wow |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by observanc1: 11:54am On Oct 29, 2022 |
Brunicekid:latest CBN Act is CBN Act 2007. And it's independent.
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Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by observanc1: 11:55am On Oct 29, 2022 |
baralatie:na before. Since CBN Act 2007, CBN has been independent. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by Tunjibalogun: 11:55am On Oct 29, 2022 |
Moh247:The reasons are quite good. But the problem is that the bankers collude with these guys, so it is practically impossible to solve this without addressing the root cause |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by edogu(m): 11:56am On Oct 29, 2022 |
Akunatakasi:Birds of a feather. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by observanc1: 11:58am On Oct 29, 2022 |
phemmyfour:they do. Permanent Secretary, Ministry of Finance is a member of CBN board. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by tnerro1(m): 11:58am On Oct 29, 2022 |
E don tey wey I see the re designed #10 and #20 , dem still dey so, make this ones no be like that ooo. I hope the designs are beautiful, I support it All those your friends wey tell u say dem no get shishi to borrow u, and they hide money for house. If they tell u to come borrow 500k with written agreement to pay back with new currency, no gree for them ooo |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by edogu(m): 11:59am On Oct 29, 2022 |
BlackFlamefromP:It's obvious that guy is frustrated. |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by baralatie(m): 12:08pm On Oct 29, 2022 |
observanc1:Autonomous not independent |
Re: Buhari Approved Naira Redesign, CBN Replies Finance Minister by observanc1: 12:19pm On Oct 29, 2022 |
baralatie:what's the difference 1 Like |
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