Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,003 members, 7,990,764 topics. Date: Friday, 01 November 2024 at 12:02 AM

Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes (44262 Views)

It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 / We Did Not Authorise Commercial Banks To Collect Old ₦500, ₦1000 Notes - CBN / CBN Redesigns 200, 500 & 1000 Naira Notes (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (11) (Reply) (Go Down)

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by miketayo(m): 9:30am On Feb 11, 2023
Biodun556:
Whoever believes that naira swap will curb vote buying is myopic.

Because it is not only money that can be used to buy vote

Naira is not the only currency that politicians can use to buy vote. They use dollar also.

lol see this one.. so they will give the voters 1 dollar each abi.. or you don't know how vote buying works?

1 Like

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by omonnakoda: 9:32am On Feb 11, 2023
miketayo:


lol see this one.. so they will give the voters 1 dollar each abi.. or you don't know how vote buying works?
we don't oo

Tell us?
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by sunkieisland(m): 9:32am On Feb 11, 2023
So they didn't think of logistics before you started... dey play, just dey play.. tongue undecided

1 Like

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by donmik: 9:33am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.

You are taking because people are talking.

What do you know about Economy and the Nigerian Demographic distribution in relation to ICT?

I hate seeing post from people like you.

Have you heard well of what the CBN is saying? That they can't get paper to print. Why don't you querry the governor for needing paper to print money in the first place if physical cash is not needed in the current Nigerian economy?
Annoying...

You don't seem to know that there 're still illiterates in the country and that they need physical money.

Again, how buoyant is the network that they 're starving people this way cos of their ulterior motive?

Do you really know the economic implication of Nigerians doing almost everything online this devasted economic time?

5 Likes

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Moutine(m): 9:33am On Feb 11, 2023
We need a quick resolve for this ... CBN governor u r not trying at all , people r complaining.
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Henrydata(m): 9:33am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.

Oga are u in this country? The banks app are not functioning optimally now I guess due to traffic.

So which transfer are you talking about

2 Likes

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by miketayo(m): 9:33am On Feb 11, 2023
COMPAQ:


Why is it harder to hand out a $10 note, compared to N5000, which is multiple notes?
Dollar is actually easier, just that in the hinterlands people might reject it due to difficulty in changing it as people will want to spend immediately

aboki won't change $10 at the black market rate, some won't even change it at all for you
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Lordofalmajiri(f): 9:34am On Feb 11, 2023
Biodun556:
Whoever believes that naira swap will curb vote buying is myopic.

Because it is not only money that can be used to buy vote

Naira is not the only currency that politicians can use to buy vote. They use dollar also.
Where will they get dollars?? Make una dey use sense comment sometimes
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by miketayo(m): 9:35am On Feb 11, 2023
this guy is just catching cruise with everyone
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by lexy2014: 9:35am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.

Is there cash to do small transactions?

Is it cashless policy that will make nigeria be like abroad?

Is abroad like Nigeria?

1 Like

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by manuelcc(m): 9:35am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.
When bank apps are misbehaving?
Or when you have to wait sometimes more than an hour for the person to get alert?
The banking system in Nigeria is simply not ready for this cashless policy

2 Likes

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Nobody: 9:35am On Feb 11, 2023
Tinubu has been using mobile transfer to bribe voters instead of cash.So the policy has been defeated.
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Lordofalmajiri(f): 9:36am On Feb 11, 2023
APCHaram:


Fool, I have over 50k hanging in the name of transfer for purchase of petty items and was forced to pay twice either with another bank transfer or with new notes I bought for 1k for 10k notes.

And FYI, even when I get a reversal , the thieving banks never refund the cost incurred in using their useless app.

Is that not flat out robbery ?
Use FinTech apps for your transfer
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by miketayo(m): 9:37am On Feb 11, 2023
omonnakoda:
we don't oo

Tell us?

ahhh you want to buy votes?
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Afamed: 9:37am On Feb 11, 2023
DollarSigns:


Open an OPay account
Whenever you want to make transfer, fund your OPay account then from your OPay, send to whatever bank at zero transfer fees and very efficient network
Meanwhile God bless the CBNGov
Nigeria must be great again abeg
Especially for people wey get offsprings and japa option no Dey available


Una sabi yan rubbish too much
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Amayabor1: 9:37am On Feb 11, 2023
Biodun556:
Whoever believes that naira swap will curb vote buying is myopic.

Because it is not only money that can be used to buy vote

Naira is not the only currency that politicians can use to buy vote. They use dollar also.

You are the one who is actually myopic. Dollars is only used for primaries. When it comes to a general election, you need naira.

How many dollars do you want to share to millions of Nigerians? Where do you want to see such quantity of dollars to share? Do you even know what you are saying? Politicians can share dollars, so why have some of them being restless since this new naira design policy came out (especially Tinubu)?

It is alleged that Tinubu already has billions of Nigeria to share in this election. Where will he see billions of dollars? Wey he nor be CBN.

Baba, nor dey play.

2 Likes

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by omonnakoda: 9:37am On Feb 11, 2023
miketayo:


ahhh you want to buy votes?
I want to sell
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Nobody: 9:38am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.
Many people in the village don't know how to go cashless.Na cash at hand they want.

1 Like

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by donmik: 9:39am On Feb 11, 2023
Henrydata:


Oga are u in this country? The banks app are not functioning optimally now I guess due to traffic.

So which transfer are you talking about

He is more myopic cos he has some money at hand or he has a fishy means of getting unscrupulous money.
Illiterate talking
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by vince96w2(m): 9:40am On Feb 11, 2023
Then let's use the old notes till you get papers..I don't understand the incompetence in our country..This one doesn't even need a degree but common sense..How won't you have option in abundance before you take away a source? No logistics, you don't have enough paper yet you start a project and ur gross incompetence is making a whole nation suffer..

2 Likes

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by miketayo(m): 9:41am On Feb 11, 2023
omonnakoda:
I want to sell

enter market na
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Ogilinsaka: 9:41am On Feb 11, 2023
Biodun556:
Tinubu for president

President of your street and backyard
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by victorVIC1(m): 9:41am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.

Calm down. Mobile apps seem to be overwhelmed this period. I did a transfer since Saturday, it took 3 days for the recipient to receive the cash. My colleagues that are using Zenith Bank were unable to access their funds this week cos the app was down. All these policies require proper planning. Cashless economy is working in sainer clime because their network are very reliable plus you barely see the apps having down time. Our government needs to always put structures in place to make their policies workable before implementation.

2 Likes

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Ogilinsaka: 9:42am On Feb 11, 2023
Moh247:
cool



Emefiele is just playing games

One thing am certain about President Bola Ahmed Tinubu would do after May 29 is go after all Economic saboteur

Many people would join Bode George in exile

.

Only you and your entire family and generations would go on exile or follow Tinubu to iragbiji
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by President2001(m): 9:42am On Feb 11, 2023
Blunt lie
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Venom11(m): 9:42am On Feb 11, 2023
Biodun556:
Tinubu for president
Omo las las na Northerns hold Tinubu throat, this cbn presido na just figure head.

Tinubu is looking like d president already
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Amayabor1: 9:43am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.

You are the one who is likely dumb sha. Do you know that Many Nigerians (especially in the villages) do not have a bank account? How are they going to do transfer or receive alert if they want to buy or sell when they don't have a bank account. You dey city get bank account, you think say na so e be for everybody.

This policy is a good one but you need to give people time to adapt. I fully support what the CBN is doing. It will prevent thieves like Tinubu from buying this election with their money. But you must also admit that people are suffering too because of this policy.
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Corrinthians(m): 9:44am On Feb 11, 2023
It is becoming all too obvious this policy wasn't thoroughly thought through before implementation. The only reason why the government is reluctant to shelve it altogether is the embarrassment it would suffer doing so.

The policy in itself is good, the execution is terrible.
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by kay29000(m): 9:44am On Feb 11, 2023
IgOga:
Not funny...this Emefiele dey behave like ipob...how you dey collect people old money but your nor get enough new money to give them and if not for pressure you set deadline for 31st January 2023.

God go expose your evil plans

The man is something else. You're settling deadline, but don't have enough new notes to circulate. He better allow us keep using the old notes, and also using the new notes till he gets his sh*t together.

1 Like

Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by omonnakoda: 9:45am On Feb 11, 2023
miketayo:


enter market na
Where is the market? You said you know how it works
Show us the road
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by Hier(m): 9:46am On Feb 11, 2023
SHIVA001:
Are you all dumb. If they don't want to print the notes. Use transfer. They are trying to enforce the cashless policy. Anything above 100 should be transfer. Like abroad.

If that is what they want to do, let them give a clear direction. Nigerians want it given straight to them. And we would follow, but beating about the bush, plus, grassroots, majority are still illiterates, food sellers won't sell to you except you pay cash. That's situations of things on ground, except you eat out, even petrol station don't accept transfers as much. You will have to visit about 5 filling station and you might be lucky that one of them accepts transfers.
Re: Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes by ihedioramma: 9:47am On Feb 11, 2023
Biodun556:
Whoever believes that naira swap will curb vote buying is myopic.

Because it is not only money that can be used to buy vote

Naira is not the only currency that politicians can use to buy vote. They use dollar also.
But we have see the good of cashles .

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (11) (Reply)

Bank Mistakenly Credited A Zimbabwean Student's Account With N19.4M / Why I Left Banking For Bricklaying - Kehinde Muibi / Tony Elumelu & Children Celebrate His Wife, Awele On 51st Birthday (Video)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.