₦airaland Forum

DIVINEEVIDENCE:
This one is covertly intended to curb vote-buying during the coming elections.

Ideally, the Buhari administration is making plans to make the coming elections quite a transparent one (according to what presently meets the eye.)

The crisis we have is as a result of bank managers swapping cash for politicians rather than dispensing it to the public via ATMs.

A single politician could soak up all the billions intended for circulating through the banks.

CBN has notes printed.
Emefiele has said it time and again that they have enough fresh notes, that banks should simply come forward and swap them for the old.

Now, banks have to deposit old notes and pick fresh ones for circulation.

But when they accept billions of old notes in an apparent laundering scheme, it becomes difficult for them to return to the CBN for fresh notes as they'll have to explain the deposits of old notes which did not pass through due process/via accounts whose holders could explain the sources of their funds.

As such, they naturally resorted to loading old notes into ATMs while instead of going to the CBN, while mounting pressure on their criminal/political beneficiaries to press the right buttons to salvage the situation.

CBN has already said it would go after bank executives whose ATMs are not dispensing new notes so the whole policy is currently rigged against the corrupt bank managers who greedily implicated themselves and criminal-minded money launderers.

It cannot stop vote buying because the politicians already has the new notes. It can only curb it a little but it can't stop votes buying

The politicians already have their ways

DIVINEEVIDENCE:
You think you know more macroeconomics than the CBN Governor?

I'll recommend you go watch his various statements and interviews on this policy.
The videos are all over YouTube.

If you don't realise the importance of a policy that seeks to tighten the currency and restore unbanked notes into the mainstream financial system, then I shouldn't trust your judgement on anyone's understanding of fiscal policy.

Good day.

As for your your second point, read up my last response to UnfairLife7.

"You think you know more macroeconomics than the CBN Governor?"

YOURS ABOVE, AN INDICATION OF BOTH PREJUDICE AND LIMITED KNOWLEDGE. TO EVEN INFER AND OR SUGGESTS THAT THE CLUELESS NON-TACTICAL THOUGHTLESS CBN GOVERNOR, AN Emefiele IS THE MOST KNOSWLEDGEABLE ABOUT MACROECONOMICS AND PERHAPS MORE THAN I DO. SHOWS YOUR FUNDAMENTAL DEFFECTS IN JUDGEMENT OF ANY KIND.

If his good at macroeconomics as touted and glorified in stupidity like you do, there would have been no such wanton pains and sufferings from his PLANESSNESS in introducing monetary change at the inauspicious time as general election period in the country.

DID I JUST PROVE THE EMPTINESS OF SUMMATION OF YOUR INAEQUATE GRASP OF WHAT IS BEYOND YOU?

ASUU was on strike for over 8months,power grid fell multiple times last year,causing power outage all over the country,the naira lost it's value as against other foreign currencies,banditry,terrorism,arson,immigration of the nations best minds and hands to other climes were rife,all these were matters arising,yet our able looting and corrupt state governors did not deem it fit to visit the presidency to find lasting solutions.but e reach money matter all the governors no gree leave villa.it is well with this country😢

Such a Meeting should be called by the Minister of Finance. She is actually the TREASURY SECRETARY. EMEFIELE IS A TREASURE NO1 DG OF ACCOUNTS FOR MONEY. THEY MUST BOTH ADVISE MR PRESIDENT ON THE SAME ISSUE SIMULTANEOUSLY.

Urbanchampion:
Emefiele should be arrested and send to jail.

They lack the constitutional authority to do that. Even the president lacks the authority to sack him

GOTVee:
Even though I'm a born again Christian, I will not deceive myself like my fellow Christians rooting for Peter Obi because every sane Christian knows he can never win. Those rejoicing over this naira redesign policy are doing so because they expect a protest vote against the ruling party which in their delusion will favor Obi . The naira redesign policy is a senseless one meant to scuttle the peace atmosphere we have in the country. We patriotic Nigerian Christians reject the wicked policy. And to those dumb Obidients rejoicing over this, "Heaven wan fall no be on top one man head". Peter Obi's chances at the polls is just like the chances of a gambler who played correct scores. It will surely end in pains. We Nigerians Christians reject the candidacy of Peter Obi.

Archangel Michael May you not perished with the message of your pay Master the Lucifer in hell

These are last week's pictures.Feb. 10 still holds as far as the deadline for swap is concerned.

Creamcrest:
Pls we Nigerians don't need any further extension,Feb 10 should be Feb 10.

It's either new money or transfer.

Any stubborn head still hoarding old notes after then will have him/herself to blame.

I am sure you don't use Zenith Bank, that is why you are spewing trash.



Does Nigeria look like a country that is ready to go even 50% cashless?

samtinx:
Surely they will gather once it affects their personal interest but if doesn't just forget it, when ASSU strikes all happened none of them run, to meet with the president to talk to the minister of education and the minister of labor now it involves their stolen wealth

Use your head.



What concerns governors with ASUU?



But the naira scarcity affects everyone.

Why can't both notes exist together ?
The problem is that at a certain point people would reject the old ones - so we have to stipulate a deadline. Feb is just too close.
I lost 50k last week. Had to send it back home due to the deadline and it was lost in transit. It was the loose cash I use for transportation when I visit.
You guys should admit you bungled the fuel scarcity and notes design and allow both old and new to co-exist.

He can be PROSECUTED for misleading Mr. PRESIDENT and if found guilty, he can be whisked into lock up for anti social, anti economic and anti political misdeeds.
Also, his BOSS CAN BE IMPEACHED FOR HIS MISTAKES.

Okay na

Coldie:
Nigeria problem pass government.

Is it Buhari that told banks to set up queues, hoard number 1 to 15 and start selling the slots for #1,500 each?

Is it Buhari that told banks to be hoarding new naira notes to sell behind the curtains to politicians?

Is it Buhari that told ipob to be declaring seat at home in the east that ravaged eastern economy?

Nigeria problem pass government!

I know Buhari has Nigerias interest at heart

So buhari has Nigerians at heart but decided to implement such a policy in a time like this, and give such a short time to implement it.

GOTVee:
Even though I'm a born again Christian, I will not deceive myself like my fellow Christians rooting for Peter Obi because every sane Christian knows he can never win. Those rejoicing over this naira redesign policy are doing so because they expect a protest vote against the ruling party which in their delusion will favor Obi . The naira redesign policy is a senseless one meant to scuttle the peace atmosphere we have in the country. We patriotic Nigerian Christians reject the wicked policy. And to those dumb Obidients rejoicing over this, "Heaven wan fall no be on top one man head". Peter Obi's chances at the polls is just like the chances of a gambler who played correct scores. It will surely end in pains. We Nigerians Christians reject the candidacy of Peter Obi.

Oga keep quiet what's all this 🗑️ trash up there?

GOTVee:
Even though I'm a born again Christian, I will not deceive myself like my fellow Christians rooting for Peter Obi because every sane Christian knows he can never win. Those rejoicing over this naira redesign policy are doing so because they expect a protest vote against the ruling party which in their delusion will favor Obi . The naira redesign policy is a senseless one meant to scuttle the peace atmosphere we have in the country. We patriotic Nigerian Christians reject the wicked policy. And to those dumb Obidients rejoicing over this, "Heaven wan fall no be on top one man head". Peter Obi's chances at the polls is just like the chances of a gambler who played correct scores. It will surely end in pains. We Nigerians Christians reject the candidacy of Peter Obi.

You get psychosis but you never realize. I went back through all your posts to confirm this. May which ever God you serve heal you

GOTVee:
Even though I'm a born again Christian, I will not deceive myself like my fellow Christians rooting for Peter Obi because every sane Christian knows he can never win. Those rejoicing over this naira redesign policy are doing so because they expect a protest vote against the ruling party which in their delusion will favor Obi . The naira redesign policy is a senseless one meant to scuttle the peace atmosphere we have in the country. We patriotic Nigerian Christians reject the wicked policy. And to those dumb Obidients rejoicing over this, "Heaven wan fall no be on top one man head". Peter Obi's chances at the polls is just like the chances of a gambler who played correct scores. It will surely end in pains. We Nigerians Christians reject the candidacy of Peter Obi.

I have told u before to stop commenting on this forum about sensitive issues, do you want to face my wrath.

GOTVee:
Even though I'm a born again Christian, I will not deceive myself like my fellow Christians rooting for Peter Obi because every sane Christian knows he can never win. Those rejoicing over this naira redesign policy are doing so because they expect a protest vote against the ruling party which in their delusion will favor Obi . The naira redesign policy is a senseless one meant to scuttle the peace atmosphere we have in the country. We patriotic Nigerian Christians reject the wicked policy. And to those dumb Obidients rejoicing over this, "Heaven wan fall no be on top one man head". Peter Obi's chances at the polls is just like the chances of a gambler who played correct scores. It will surely end in pains. We Nigerians Christians reject the candidacy of Peter Obi.

So which candidates are you are supporting?

GOTVee:
Even though I'm a born again Christian, I will not deceive myself like my fellow Christians rooting for Peter Obi because every sane Christian knows he can never win. Those rejoicing over this naira redesign policy are doing so because they expect a protest vote against the ruling party which in their delusion will favor Obi . The naira redesign policy is a senseless one meant to scuttle the peace atmosphere we have in the country. We patriotic Nigerian Christians reject the wicked policy. And to those dumb Obidients rejoicing over this, "Heaven wan fall no be on top one man head". Peter Obi's chances at the polls is just like the chances of a gambler who played correct scores. It will surely end in pains. We Nigerians Christians reject the candidacy of Peter Obi.

Oga Born again

Well done

orisa37:
Such a Meeting should be called by the Minister of Finance. She is actually the TREASURY SECRETARY. EMEFIELE IS A TREASURE NO1 DG OF ACCOUNTS FOR MONEY. THEY MUST BOTH ADVISE MR PRESIDENT ON THE SAME ISSUE SIMULTANEOUSLY.

That Finance minister Zainab Ahmed is just a puppet to borrow money and do whatever she's told to do. No wonder she didn't know when the new notes were printed .

Imagine that?

yesloaded:
I'm still waiting for when they will meet to discuss fuel issue

Nobe na money them di use buy fuel..

UnfairLife7:
Lol

It will be extended 3-6 months time

Buhari has refused to see anyone because of the naira redesign policy. He even cancelled a meeting scheduled with governors today.

Wickedfacts:
Why don't you join them in the meeting. Oponu

You're always brutal with ur replies.

Alaye die die nw

Fake news ladies and gentlemen. Someone cooked up some fiction with pictures and all. Crafty political demons I must say.

All the responsible state governors ate there attending the meeting, the useless and good for nothing governor udom emmanuel of akwa ibom state has not attended. May the destructive gods of sango strike you wherever you may be Idiots

generalud:
All the responsible state governors ate there attending the meeting, the useless and good for nothing governor udom emmanuel of akwa ibom state has not attended. May the destructive gods of sango strike you wherever you may be Idiots

There was no meeting, it was fake news. The info was update on the NL FP.

New Naira: Buhari’s Meeting With Governors, Others Cancelled - Politics - Nairaland

https://www.nairaland.com/7558739/new-naira-buharis-meeting-governors

ifytrik:
No going back, the cabals and enemies of nigeria must not succeed in riging this election.

Can u imagine dis idiot dat ur mom spent 10 hours without any cash at bank and u @ here typing rubbish. I really wish ur mom can see dis

Ennoloa:
As a Christian if you are not your brothers keeper.


You are a sinner

Do you guys actually believe that guy is really a Christian? All his posts starts with the same lines and then goes on to demarket Christians/Christianity (or in this case, Christians' interest) while subtly promoting Islam.

chiiraq802:
All those Nukes and Hypersonic missiles weh Russia dey waste ontop Ukraine, na for that meeting venue we need am.

You are mad

dalass:
That Finance minister Zainab Ahmed is just a puppet to borrow money and do whatever she's told to do. No wonder she didn't know when the new notes were printed .

Imagine that?

She is a weakling and EMEFIELE is WICKED.

wallarwallar:
Can u imagine dis idiot dat ur mom spent 10 hours without any cash at bank and u @ here typing rubbish. I really wish ur mom can see dis

Lol! Not everybody depends on their mothers pot, at your age you should be feeding your mum but because you are uselless you still depend on your mother, well unlike you i and my brothers the one taking care of our mum and she doesn't need to stress herself going to the bank because their is always cash at home