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Nairaland Forum / Nairaland / General / Politics / Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? (1628 Views)
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Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Penguin2: 6:54pm On Feb 13, 2023 |
I don’t have time to write long epistle… The point I want to make is that despite the schemings of some scrupulous APC governors who got a kangaroo order from the Supreme Court which extended the use of old naira notes beyond the February 10th earlier stipulated as deadline by CBN, it seems Banks and Nigerians have moved past the old Naira notes. Psychologically, Nigerians already conditioned themselves that the old money expired on February 10th. Even banks… All over Lagos today, no bank was opened and I’m sure it’s probably that way throughout the country. The reason for them not opening might probably be because they don’t want to open and get themselves into trouble by rejecting old notes and be seen as disobeying the order of the Supreme Court. Similarly, they don’t want collect the old note and be seen as disobeying the CBN who has given them any contrary directive about the old Naira withdrawal deadline. So also are business people in the markets and streets…. They too have stopped collecting the old notes to avoid it becoming mere paper in their hands. In the end, what the APC governors achieved was to create confusion that even got things more complicated. And citizens have decided to go with the CBN Nlfpmod Mynd44 6 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Penguin2: 6:55pm On Feb 13, 2023 |
Another thing people need to understand is that CBN cannot lose in this case but the governors can. If the Supreme Court in their wisdom rules that the old note should continue, the CBN has nothing to lose because it’s her currency. You wanna talk about the cost of minting the new money? Well that cost will be borne by you and I. However, if the Supreme Court agrees with the argument of the Federal Government that the CBN has powers to carry out Naira redesign and set timelines thereof and rules in favour of the policy, the implication is that the governors shall have lost, and anyone still holding onto old notes would merely be holding an equivalent of tissue paper. I see a scenario where APC will trying to buy votes with the old notes on Election Day and people will be rejecting their money because it’s old money. Remember this…. 8 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by BeardedmeatR(m): 6:59pm On Feb 13, 2023 |
The citizens moved on because they saw through the lies of the crying criminals claims of fighting for the masses. Only urchins are still doing gragra that takes them no where. 9 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Moh247: 7:02pm On Feb 13, 2023 |
Zombidiots delusional grandeur... Tinubu has caused so much Acrimony in the heart of his envious hater that they currently make up their own reality to make them feel happy Banks are open Banks are recieving old note Banks are despensing old note Fueling stations are accepting old note Old note remains legal tender around market More #200 are now in circulation . 11 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Softmirror: 7:04pm On Feb 13, 2023 |
THE ONLY THING I GAT TO SAY IS, THANK GOD FOR ASIWAJU BOLA AHMED TINUBU AND ALL OF THE APC GOVERNORS FOR BRINGING RELIEF TO NIGERIANS. I HAVE NOTHING MORE TO SAY. 9 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by odduduwa: 7:09pm On Feb 13, 2023 |
Urchins are foolish |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Penguin2: 7:12pm On Feb 13, 2023 |
Moh247: Check the date of the tweet. 1 Like
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Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Moh247: 7:14pm On Feb 13, 2023 |
Penguin2: Not talking about tweet but real daily transaction today 4 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by 3ple9iner: 7:16pm On Feb 13, 2023 |
Oga stop lying banks opened today. Did they collect old note? No. Did they pay people? Yes... Are people still spending the old note Yes. 3 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Senioreddy: 7:17pm On Feb 13, 2023 |
Banks are no longer accepting old notes. |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by jmoore(m): 7:18pm On Feb 13, 2023 |
Moh247:Bats are flying everywhere in Nigeria today. They know what's happening in all Nigerian banks. Epitome of delusion! |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Moh247: 7:22pm On Feb 13, 2023 |
jmoore: Chuckudi no vex... All banks are close, infact we are doing Sit at home in SouthWest and nobody is spending old note since Mazi Emefiele called it taboo Nonsense people 6 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by madridguy(m): 7:23pm On Feb 13, 2023 |
I don't know about bank collecting the old notes or not but we Nigerians are still transacting with the notes among ourselves. Reporting from Alimosho, Lagos. 7 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by iokpebholo: 7:32pm On Feb 13, 2023 |
Moh247:you mumu sha...Here in Asaba banks, filling station, shopping malls do not collect old notes..Pos sef no dey take sef 1 Like |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Moh247: 7:33pm On Feb 13, 2023 |
[quote author=iokpebholo post=120883697]you mumu sha...Here in Asaba banks, filling station, shopping malls do not collect old notes..Pos sef no dey take sef[/quote Your papa mumu Here in Ibadan all banks , Stations, market used old note |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by a4cube: 7:33pm On Feb 13, 2023 |
I gave the old not to my faulkarnizer who is a solid APC voter but he rejected it. I ask him why. He said he is not sure he will be able to spend it. 😄😀😃. I went to First Bank Ajiwe, they did not open but zenith opened. Their is confusion in the country right now concerning the currency swap. |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by AfricanColumbus: 7:33pm On Feb 13, 2023 |
Naira Redesign Policy: 3 Things The CBN Must Do Now (Video) Gradually, the redesign policy of the Central Bank of Nigeria continues to take full effect. Various businesses have already begun to seek alternatives for transactions, even as some opt for the use of bank transfers and internet banking for their transactions.
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Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by iokpebholo: 7:37pm On Feb 13, 2023 |
madridguy:After concluding this ur so called transactions, deposit d money at asiwaju mechant bank |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Penguin2: 7:38pm On Feb 13, 2023 |
BeardedmeatR: Don’t mind the accidental lovers of Nigerians. 1 Like |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by iokpebholo: 7:40pm On Feb 13, 2023 |
[quote author=Moh247 post=120883722][/quote]liar continue fooling ursef,old naira notes don expire if u like cry blood |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by jmoore(m): 7:40pm On Feb 13, 2023 |
Moh247: You are right. There is sit at home in south west. That's why this Yoruba man patronized POS today and was charged 1,500 for withdrawing 5,000. Agbado urchins!! 1 Like |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by FreedomArmy: 7:42pm On Feb 13, 2023 |
Just today and precisely this evening I bought something from a woman who is selling on a table by the road side. Her daughter probably in her late twenties told me they accept transfer when I ask her.she just called her bank account and I did the transfer and that was it What agbadorians and all tinubu urchine have failed to understand is that Nigerians are already conditioning themselves to the new cashless policy. How can people who never complained of police brutality,never complained of 8months ASUU strike and never complained of the government hoarding of covid19 palliative suddenly wake up to complain that Nigerians are suffering because of scarcity of naira notes. The reality is that the old notes which stole from the government coffers are all stacked up in their houses ready to be used to buy the electorate but by the grace of God that paper will become useless in their hands. God bless emefiele God bless CBN 2 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by CilicMarin: 7:43pm On Feb 13, 2023 |
Penguin2: Why did they delete it? Obidense are satanic.. 5 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Penguin2: 7:45pm On Feb 13, 2023 |
a4cube: I had a failed POS transaction on my UBA since Friday but got debited. I waited for Reversal throughout the weekend but it didn’t happen. So, this morning I called their customer care and they were playing advert for me with my money for 20 minutes and I gave up and decided to go to the bank instead. I first went to new UBA bank branch at Ogidan, Sangotedo but they didn’t open. I told myself that maybe they are closed because it’s baby branch. My second stop was UBA branch at Ikota Shopping Complex, and it was closed too. All banks inside Ikota Shopping Complex were closed. Refusing to give up, I proceeded to Admiralty Way, assuring myself that since that’s a big man area, they will open but they didn’t. I was baffled. Still holding onto hope, I drove to their headquarters in Victoria Island and it was closed too. So, when I say banks are closed it wasn’t fabrications. 3 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Indispensable85(m): 7:47pm On Feb 13, 2023 |
Penguin2: Stop writing rubbish. We're enjoying our old notes with confidence because of the pronouncement of the supreme court. 3 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Indispensable85(m): 7:52pm On Feb 13, 2023 |
iokpebholo: Don't worry yourself. You guys are too short sighted. You can't see beyond your nose. I can bet you, nobody will lose a single old note to this useless Emiefele policy. Save this! 3 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by nabiz(m): 7:52pm On Feb 13, 2023 |
3ple9iner:bank in wari open but the reduced to pay or collect deposit. Only transfer was allowed. Filling stations are not collecting the old currency |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Wealthyonos(m): 8:02pm On Feb 13, 2023 |
But we still flexing the old notes here in Computer Village, Lagos State. 3 Likes |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Ofunaofu: 8:09pm On Feb 13, 2023 |
The CBN is in charge of monetary policies not the supreme court What Elrufai and his co travellers only got was a bullion van procured injunction 1 Like |
Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by Ogbuefi2020: 8:45pm On Feb 13, 2023 |
Moh247:Tinubu urchins live in another planet
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Re: Has Emefiele Succeeded With The Naira Redesign Despite Supreme Court Order? by daygee12: 8:56pm On Feb 13, 2023 |
Penguin2: U think Nigeria will remain the same if stop it? Obidense don't reason at all 4 Likes
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