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Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing (41335 Views)

Currency Redesign: Open Letter To Governor El-Rufai By Gloria Mabeiam Ballason / Currency Redesign: Godwin Emefiele Address The Diplomatic Community / Currency Redesign: To Extend The Deadline Will Defeat The Aim (2) (3) (4)

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Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by chrisxxx(m): 6:52pm On Feb 10, 2023
adecz:





Why initiate what you lack the
capacity to implement.

A dull person with low IQ to a
proposal to another ignorant person
in the name of Buhari and you both
brought about this fiasco.

This is the same way the man has
been doing kalokalo with our exchange
rate & other monetary policies and
yet he remains unchallenged.

The man juju 👹👹dey very strong❗️❗️
Pray make Obi win. Emefiele is a smart politician and not an economics. He played home or away in 2015. Heavily transferred money to both Jonathan and Buhari. At the end away won and he went to bank smiling.

1 Like

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by gassbee: 6:52pm On Feb 10, 2023
piyoo91:
My own question is, can we still spend the old note or is the old note expired?
is anybody rejecting d old notes
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Parachoko: 6:52pm On Feb 10, 2023
Eriokanmi:
Believe these guys at your risk. They know what they're doing . It doesn't cost an arm and a leg to print enough naira notes under 48 hours
So you're saying he's lying?
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by benqo01(m): 6:53pm On Feb 10, 2023
FOR THOSE FOOLS SUPPORTING EMEFIELE FROM DAY ONE SHAME ON ALL OF YOU EMEFIELE POLICY HAS FAILED HIDE YOUR STUPIDITY.

CASHLESS POLICY CANT WORK ITS A FAILED POLICY INTRODUCED TO INCREASE THE SUFFERING OF NIGERIANS

INFACT IT WAS DEAD ON ARRIVAL UNA GO JUST DEY OPEN MOUTH TALK RUBBISH HERE

2 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Parachoko: 6:55pm On Feb 10, 2023
Hopium:
I don talk am before.

Emefiele is a gooner. Buhari will sack that guy; no doubt. Na him go be the fall guy and Buhari go use am save face like he did with the council of state meeting.

Agree or not:

- Tinubu and the APC govs won
- Asiwaju aquired more clout
- Atiku goofed and failed to use the crisis to score the correct political point. The media will remind Nigerians that he supported the demonic policy
- Na Obi fail pass. The crisis was an easy test to showcase his leadership skills but failed woefully. Obi doesn't have the balls challenge the cabals controlling this country if he becomes president. His presidency will bring more harm than good. Cabals go step on his toes without consequences. Na that Datti wey be like arindin go make matter worse. Datti is too weak - from crying to saying that oversized rubbish on national tv: he's not the kind of alpha to lead the country.
- Of all three candidates, Asiwaju is the only one that displayed leadership quality (we can argue he did it for his election bid or not). The media and masses will note him as the one who fought for them against the CBN, cabal and Buhari and sympathized with them.

Leave story for Mathias. Asiwaju is not their fathers' mate in politics. Public sentiment was a goal. Tact handling Buhari, the cabal, and Emefiele was a goal. Using the supreme court to clip the presidency's wing was a goal. The most astonishing of all goal was that he still got Buhari campaign for in his rallies. grin Him give bubu wotowoto in the media, public court of opinion, and the supreme court, while making Bubu escort him to the top relgious rulers of the north.

Again, Amuda is not their mate. grin

I do not think Buhari is working against Tinubu.
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Nobody: 6:55pm On Feb 10, 2023
It is wrong to be importing paper, shey we don't have recycle in our policy, as big as our heart is in Africa, we can manufacture paper. Since we can't manufacture paper shebi Oga at the top has a Petrochemical industry, ehn let start using polymer for all our note ...

Abi would that one start protest again.
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by piyoo91: 6:56pm On Feb 10, 2023
gassbee:
is anybody rejecting d old notes
didn't the cbn gave order that today would be the deadline for oldnote to cease to exsit? Abi them don announce another thing
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Freebills12: 6:57pm On Feb 10, 2023
[color=#000099][/color]
piyoo91:
My own question is, can we still spend the old note or is the old note expired?

Main issue now is that I have #12000 and no one is collecting it, even POS
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Hopium: 6:58pm On Feb 10, 2023
Parachoko:
I do not think Buhari is working against Tinubu.

He's not. El-Rufai also said it. Emefiele misled him but he's to blame. He shouldn't have approved the redesign without consulting the Economic council.

If Tinubu wasn't smart, his challenge of the policy could have destroyed his relationship with Buhari.

6 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Ayoola171(m): 6:58pm On Feb 10, 2023
By now Emefiele supposed to have been fired.

1 Like

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by MartinsD12(m): 6:59pm On Feb 10, 2023

2 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by gassbee: 6:59pm On Feb 10, 2023
piyoo91:
didn't the cbn gave order that today would be the deadline for oldnote to cease to exsit? Abi them don announce another thing
didnt u hear supreme court judgement on it restraining dat deadline
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Benblinks: 7:00pm On Feb 10, 2023
I never believe that we have this kind of animal as CBN governor. Despite all the billion used for this new notes. Honestly some people have sold their conscience just be of post and money. U have really disgrace your self and and your generation. Your method of fighting corruption was very bad and wrong. Shame has covered your face that you can't even come out to say anything again. Big fool

3 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by jaxxy(m): 7:04pm On Feb 10, 2023
dustmalik:
This Emefiele is a big, fat, large, gigantic slowpoke.

Didn't he know of all these inadequacies before embarking on a failed project?

Why didn't he carry out wide consultations?

He is incompetent and should be sacked immediately.

The problem is saboteurs. Even if he prints more they will hoard more and sell to politicians and governors
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Oluwagbemileke6(m): 7:04pm On Feb 10, 2023
piyoo91:
My own question is, can we still spend the old note or is the old note expired?



THANK YOU JOR
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by 8stargeneral: 7:07pm On Feb 10, 2023
In a sane country this man should be in jail now

2 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by hero2000: 7:11pm On Feb 10, 2023
This is difficult very difficult to believe.

You have declared a policy since October and 4 months wasn't enough to prepare for its take off. This looks like a script to me.
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Bahamas95(m): 7:11pm On Feb 10, 2023
Person wey suppose dey market dey sell meat nai be CBN governor.......These people know nothing about governance, they're just there to inflict pains on the masses.

1 Like

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by themanderon: 7:12pm On Feb 10, 2023
Confused people. They told us they had enough new notes and now they are telling us about printing constraints. Bunch of failures.

2 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by God2man2again(m): 7:16pm On Feb 10, 2023
Why must CBN subject Nigerians to hardship by giving deadline without enough new notes to be circulated Nationwide?


Must we wait for the German company before the new notes can be printed?

Is the printing of new notes a rocket science that cannot be done in Nigeria?

Right now, the new notes are still not enough to circulate and it is so sad that some Nigerians are even rejecting the old notes.

Which way Nigeria?

Which way to go?

May God intervene into the affairs of this Nation. Amen.
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Najdorf: 7:17pm On Feb 10, 2023
Nigerian government is full of empty heads. Why didn't you envision this problem coming up?

1 Like

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by MasterTeeUSA: 7:17pm On Feb 10, 2023
I cannot BELIEVE Emefiele still has a JOB. In the United States, he would have resigned...because if he does not, he would be fired. There are constraints to printing and yet, you are not coming out to extend the DEADLINE. Madness everywhere.



EcoBrick:


https://www.premiumtimesng.com/news/top-news/581070-exclusive-naira-crisis-emefiele-discloses-why-currency-redesign-policy-is-failing.html

2 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by alekuwodo(m): 7:19pm On Feb 10, 2023
A reasonable administrator would have made adequate provision readily available and on ground even unforseen circumstances will be anticipated and cater before implementing a police that affects day to day activities of a nation. Emefiele should be held responsible for this failed on arrival policy.

1 Like

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Elidrisy20: 7:20pm On Feb 10, 2023
Ode
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Nobody: 7:23pm On Feb 10, 2023
Olachase:
Emefiele should resign and submit himself to DSS, he should be given 49 + 9 months imprisonment, he should then ask for extra 1 year 😁😁

Joke apart people no day carry money go bank for now again,

The only bank I trust now is power BANK 😅😅


Why?
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by muykem: 7:27pm On Feb 10, 2023
The motive was wrong hence the failure. Have you ever seen any country change currency within 100 days without consequences.

4 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by heysquare(m): 7:33pm On Feb 10, 2023
The moment a particular tribe start to dey hail and praising you just know that you go fail! Their level of hypocrisy is out of this world

3 Likes

Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Hndrrxxx(m): 7:33pm On Feb 10, 2023
RegArmani:


Are they not the same Party? Ode
Oh you tryna diss Hndrrxxx that will prolly get you killed??
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Meto1234(m): 7:34pm On Feb 10, 2023
What is the way out
Re: Naira Crisis: Emefiele Discloses Why Currency Redesign Policy Is Failing by Parachoko: 7:34pm On Feb 10, 2023
jaxxy:


The problem is saboteurs. Even if he prints more they will hoard more and sell to politicians and governors
Why Politicians and Governors no hoard and sell all the money wey we dey spend before?

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