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Nairaland Forum / Nairaland / General / Politics / CBN Had My Approval In Replacing Naira Notes - Buhari (22743 Views)
“CBN Has Destroyed All The Old N1000 And N500 Notes” – Buhari Tells El-rufai / Old Naira Notes: Buhari Should Invoke An Executive Order / IGP Adamu: State Commissioners Don’t Need My Approval To Make Decisions (2) (3) (4)
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Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Validated: 9:45pm On Oct 30, 2022 |
nedu666:Yes, but the CBN would have mopped all the Naira being hoarded for vite buying. |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 9:46pm On Oct 30, 2022 |
hegelian: LoL Your mama sef go confirm Just keep calm SEBI na she train you to talk anyhow to people wey pass you abi |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by hegelian: 9:47pm On Oct 30, 2022 |
[quote author=Moh247 post=118000821][/quote] Werey gbe qurani ati abela Papp.. Abi u think say na skull u Wan mine?? Sir werey fake Muslim like your lot.. Awon werey ti won fun musulumi ati yoruba loruko buruku.. Ani egbe ati adanu to je tie lati Eni lo |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 9:48pm On Oct 30, 2022 |
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Re: CBN Had My Approval In Replacing Naira Notes - Buhari by hegelian: 9:48pm On Oct 30, 2022 |
Moh247: Werey pass who.. If u see me, u go run and hide inside soak away.. Dadandirin werey ati ijo.. Ofoo Ofoo Ofoo ama ba e gbe ni |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 9:49pm On Oct 30, 2022 |
hegelian: ABA... Aburu no ye You too dey talk like woman Leave work make we see who go collect |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by hegelian: 9:50pm On Oct 30, 2022 |
[quote author=Moh247 post=118000963][/quote] Werey, shey iwo ma oruko ti atare nje ni?? Iwo omoale lasan lasan.. Alligator pepper kee u there.... U don jam am from today, e go dey jam u ni everywhere u go, all u enemies of the country.. U and your likes, egbe ama je tiyin tomotomo |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by djon78(m): 9:50pm On Oct 30, 2022 |
emmy512: The issue is that many of these people don't have critical and analytical thinking Many don't think deep Infact this policy CBN holds everyone of them by the balls Because they are completely replacing old currency So simply monitoring every money to be released And placing a cap on the amount to be given each individual and company Has already controlled the situation Another thing for a whole Minister of finance to come out and be saying what she was saying You will understand that this policy really caught all of them unawares Buhari and emefiele really played all of them A knock out punch It was a closed tight kept secret I believe they got the policy right Naira will be hit But with time when everything stabilizes it will later appreciate 1 Like 1 Share |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Penguin2: 9:50pm On Oct 30, 2022 |
omonnakoda: Go and listen to Emefiele’s statement since after all these explanations you are still looking for the purpose. |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 9:50pm On Oct 30, 2022 |
hegelian: LoL I pity you As Dem no train you we go help you |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by hegelian: 9:52pm On Oct 30, 2022 |
Moh247: Ti I u ba bi MI, maani ki omarerin ye lo gbere laelae... Iwo ti won wo sunkun kakiri agbaye |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by hegelian: 9:53pm On Oct 30, 2022 |
Moh247: If u are trained you won't be wishing badluck on your fellow country men cos of your pocket.. You will consider others including women and children that want nothing but a decent living condition.. Eyin oloriburuku gbo, Ema sofo ni lati Iran ikini titi de Iran kedogun |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 9:53pm On Oct 30, 2022 |
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Re: CBN Had My Approval In Replacing Naira Notes - Buhari by emmy512: 9:55pm On Oct 30, 2022 |
omonnakoda:For one to checkmate hoarding, Drag criminals and terror financiers out directly or indirectly It'll help reduce vote buying already by next election as those who have old notes already to give out will have just worthless papers. CBN plan of also reducing amount that'll be out in circulation is the beginning of the real cashless policy plus the right now given to telcos to serve as mini banks for rural and less developed areas. I think the cashless economy is just beginning And a lot of other reasons I can't think of. But just know for every disadvantage anyone can mention they're already 3 advantages 1 Like 1 Share |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by onuman: 9:55pm On Oct 30, 2022 |
omonnakoda: CBN governor is under the control of the Finance Minister. Go and verify. |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 9:56pm On Oct 30, 2022 |
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Re: CBN Had My Approval In Replacing Naira Notes - Buhari by omonnakoda: 9:56pm On Oct 30, 2022 |
onuman:Define control So what happened here has she lost control? Why was she hearing of this on TV? Stop talking like a child and back up your statement with facts. You go and study the CBN act and stop talking ignorantly. She did not appoint him cannot sack him and is not his boss |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by emmy512: 9:58pm On Oct 30, 2022 |
djon78:They got it spot on One of the few good things he has done. It'll be the cap on his reign as presido in history books. |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by djon78(m): 10:05pm On Oct 30, 2022 |
onuman: Stop saying what you don't know In economy Central Bank and Ministry of finance are independent entities The central bank focuses on monetary policies, all issues concerning money, banks and all other money issue The ministry of finance focused on fiscal policies, which includes budgeting, and how government spend there money They are two different entities all over the world In the US the central bank governor is federal reserve chairman while the minister of finance is the treasury secretary and they do same role independent of each other 1 Like |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by djon78(m): 10:10pm On Oct 30, 2022 |
emmy512: Exactly spot on In the beginning it will hit Naira but by the time the policy gets implemented Naira will definitely appreciate The way many of these politicians abuse Naira is terrible. It's not done like that in many countries in the world Carrying huge amount of money around It's insane So the government did the right thing Let me see how they will beat this one |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by PoliciaNLand: 10:11pm On Oct 30, 2022 |
Moh247:mynd44 lalasticlala Seun Dominique nlfpmod Rule 2 |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by baralatie(m): 10:12pm On Oct 30, 2022 |
djon78:So you know it will hit the naira? So what exactly do you mean that it will hit the naira? |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by baralatie(m): 10:14pm On Oct 30, 2022 |
So it will the naira and miss the Nigerian economy? |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by omonnakoda: 10:15pm On Oct 30, 2022 |
I am interested in how much this will cost and who won the contract |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by baralatie(m): 10:18pm On Oct 30, 2022 |
omonnakoda:The body in charge of the money redesign,production etc is the Nigerian Printing and Minting Corporation nah! The cost nah emiefele go use him mouth talk am |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by djon78(m): 10:23pm On Oct 30, 2022 |
baralatie: When a new policy like this is introduced it will bring shock to the system But with time when the system gets used to it, stability comes in so Naira losing value is expected But by the time everything stabilizes Naira will appreciate So that's the norm You think CBN never expected Naira depreciation. They did, but they actually have there Target. One of the major reasons Naira lost value was because of the amount of money out of the bank hands. 3 trillion was introduced but almost 2.8 were out of the banking system So there moping up the money will stabilize the system Like I said in my mention Politicians are the major cause of this problem And it will hit them below the belt Buhari and emefiele really played them and kept the secret For a whole Minister of finance to have made the statement she made means that it has shocked even the political interests she represent It was a knock out punch from Buhari and emefiele I have been his number one critic But for this one he got it spot on |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by omonnakoda: 10:26pm On Oct 30, 2022 |
baralatie:When people are ignorant they use vague terms like in charge of This shows you do not have detailed knowledge. or cannot comprehend. I talked about CONTRACT. That company {NOT corporation} has been around for many decades but contracts have beed awarded for printing under Soludo and after for prnting of banknotes overseas that is common knowledge So I am entitled to question ... what is the arrangement this time who is printing the notes and WHERE? for how MUCH? If you have that information share otherewise............. you are wise I know |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by baralatie(m): 10:30pm On Oct 30, 2022 |
omonnakoda:Since you knew about soludos contract arrangements this one by emiefele will be easy for you to find out now! |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by baralatie(m): 10:31pm On Oct 30, 2022 |
djon78:Do you know that the cbn injects fresh funds to stabilize the naira |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by onuman: 10:35pm On Oct 30, 2022 |
djon78:Go and read the relationship between Nigeria's CB gov and Minister of Finance. Stop polluting the space with your imagination. |
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Denko2721987(m): 11:08pm On Oct 30, 2022 |
Moh247: U mean for this country wey we know abi the one wey e never sabi??
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Re: CBN Had My Approval In Replacing Naira Notes - Buhari by djon78(m): 11:17pm On Oct 30, 2022 |
onuman: For someone that goofed ignorantly that CBN is under the ministry of finance I don't have time for you Go and learn first before coming online to disseminate ignorance |
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