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Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason (3422 Views)

CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender / Buhari Says Old ₦‎200 Note Will Remain Legal Tender Till April 10 / Old Naira Notes Remain Legal Tender - Supreme Court (2) (3) (4)

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Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:16am On Feb 16, 2023
17.​In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points.


According to Buhari speech, "all existing old N1000 and N500 remain redeemable at the CBN and designated points" till April 10.

Therefore, it can still be in circulation until April 10. The only difference is that the N200 note will be released back into circulation even if deposited at the banks while the N500 and N1000 notes will not be released back into circulation after been deposited in the CBN or designated points.

It's a win win for the masses.

https://m.facebook.com/story.php?story_fbid=pfbid02p8xVx5zgRqPTwhRrnYxGa7MUXUaPx7RaeiWWjgWrB3B8PSgvu8ehKGFCDYHr38nel&id=100011193364134&sfnsn=scwspwa&mibextid=6aamW6

7 Likes 3 Shares

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Tochi3(m): 8:18am On Feb 16, 2023
grin

These expanations Shows you are just deceiving yourself

37 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by SpecialAdviser(m): 8:19am On Feb 16, 2023
Why are some of you bent in deceiving people?

Urchins sef

39 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Madridstar(m): 8:19am On Feb 16, 2023
forgiveness:

17.​In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points.


According to Buhari speech, "all existing old N1000 and N500 remain redeemable at the CBN and designated points" till April 10.

Meaning, it can still be in circulation until April 10. The only difference is that the N200 note will be released back into circulation even if deposited at the bank while the N500 and N1000 notes will not be released back into circulation after being deposited in the CBN or designated points.

It's a win win for the masses.
una don start with section this and that.. baba Buhari have spoken, he didn't quote any section oh

23 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by ALCOHOLKILLS(m): 8:20am On Feb 16, 2023
Be deceiving yourself

18 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:21am On Feb 16, 2023
Madridstar:
una don start with section this and that.. baba Buhari have spoken, he didn't quote any section oh

Check the link to confirm what he said.

1 Like 1 Share

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Teetee777: 8:23am On Feb 16, 2023
This is what is happening now in the northern states especially Kaduna and Zamfara states, they asked us to be spending the old note and that we should not take the money to the banks because the banks will never return the
money-back to the people till Tinubu enters as president will revert the policy.

11 Likes 1 Share

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by PresidentAtiku(m): 8:24am On Feb 16, 2023
Tinubu supporters can be plain stewpid

20 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Ezeama400: 8:25am On Feb 16, 2023
Teetee777:
This is what is happening now in the northern states especially Kaduna and Zamfara states, they asked us to be spending the old note and that we should not take the money to the banks because the banks will never return the
money-back to the people till Tinubu enters as president will revert the policy.

Lmao

Dream on

5 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:25am On Feb 16, 2023
Teetee777:
This is what is happening now in the northern states especially Kaduna and Zamfara states, they asked us to be spending the old note and that we should not take the money to the banks because the banks will never return the
money-back to the people till Tinubu enters as president will revert the policy.

Exactly, as long as you don't deposit the old N500 and N1000 notes in the bank, it can still be in circulation till April 10. grin

Baba think say em wise. grin

5 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:26am On Feb 16, 2023
PresidentAtiku:
Tinubu supporters can be plain stewpid

Do you have any contrary opinion? grin

3 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by PeterObi4LP: 8:27am On Feb 16, 2023
Agbado urchins N500 and N1000 naira old note has seize to be legal tender. The President has spoken. If you have any problem with that, address Buhari direct.

14 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Agonglo17: 8:27am On Feb 16, 2023
forgiveness:
17.​In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points.


According to Buhari speech, "all existing old N1000 and N500 remain redeemable at the CBN and designated points" till April 10.

Meaning, it can still be in circulation until April 10. The only difference is that the N200 note will be released back into circulation even if deposited at the bank while the N500 and N1000 notes will not be released back into circulation after been deposited in the CBN or designated points.

It's a win win for the masses.

https://m.facebook.com/story.php?story_fbid=pfbid02p8xVx5zgRqPTwhRrnYxGa7MUXUaPx7RaeiWWjgWrB3B8PSgvu8ehKGFCDYHr38nel&id=100011193364134&sfnsn=scwspwa&mibextid=6aamW6

agbado muncher

4 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Tunechi5(m): 8:27am On Feb 16, 2023
Lol
Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Teetee777: 8:28am On Feb 16, 2023
forgiveness:


Exactly, as long as you don't deposit the old N500 and N1000 notes in the bank, it can still be in circulation till April 10. grin

Baba thing say em wise. grin
Some people are jubilating because Mr president said the 1000 and 500 old note has stopped as legal tender, there are many people (farmers, businessman) with old naira note in the northern and southern part of the country and you want those people to lose their money because of politician.

Now, some politician has promised that people should continue using the old naira note in the northern part of the country and that if they elect as the govt, they will reverse the policy. Who will now carry the majority vote of the masses?

11 Likes 1 Share

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by PresidentAtiku(m): 8:28am On Feb 16, 2023
forgiveness:


Do you have any contrary opinion? grin
I don’t have any ooo

How can I have very stewpid opinion?

No wonder una Dey support Tinubu

And you are even proud in your stupidity

Tueh

5 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by PresidentAtiku(m): 8:29am On Feb 16, 2023
PeterObi4LP:
Agbado urchins N500 and N1000 naira old note has seize to be legal tender. The President has spoken. If you have any problem with that, address Buhari direct.
no mind them

3 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by SlurUsername1: 8:29am On Feb 16, 2023
PeterObi4LP:
Agbado urchins N500 and N1000 naira old note has seize to be legal tender. The President has spoken. If you have any problem with that, address Buhari direct.


More tears.... More tears chukwudi 😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😝😂

3 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:30am On Feb 16, 2023
PeterObi4LP:
Agbado urchins N500 and N1000 naira old note has seize to be legal tender. The President has spoken. If you have any problem with that, address Buhari direct.

Buhari never said 500 and 1000 old naira notes have ceased to be legal tender. grin

4 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:32am On Feb 16, 2023
Agonglo17:


agbado muncher

Can you still deposit 500 and 1000 old notes between now and April 10th? Think think. grin
Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by SlurUsername1: 8:32am On Feb 16, 2023
PresidentAtiku:
I don’t have any ooo

How can I have very stewpid opinion?

No wonder una Dey support Tinubu

And you are even proud in your stupidity

Tueh


You don't have an opinion because you're dumb and stewpid.
We will continue to use the #500 and #1000 notes in Nigeria. U can use the Biafrian shilling in ur erosion ravaged region!

4 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by MrEverest(m): 8:35am On Feb 16, 2023
forgiveness:
17.​In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points.


According to Buhari speech, "all existing old N1000 and N500 remain redeemable at the CBN and designated points" till April 10.

Meaning, it can still be in circulation until April 10. The only difference is that the N200 note will be released back into circulation even if deposited at the banks while the N500 and N1000 notes will not be released back into circulation after been deposited in the CBN or designated points.

It's a win win for the masses.

https://m.facebook.com/story.php?story_fbid=pfbid02p8xVx5zgRqPTwhRrnYxGa7MUXUaPx7RaeiWWjgWrB3B8PSgvu8ehKGFCDYHr38nel&id=100011193364134&sfnsn=scwspwa&mibextid=6aamW6

Normally, Urchins don't have sense. How is 1000 and 500 naira still valid?

How many people have succeeded in depositing their money at CBN?

Make una dey play, I see you all shedding premium tears😂😂

2 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:36am On Feb 16, 2023
Teetee777:

Some people are jubilating because Mr president said the 1000 and 500 old note has stopped as legal tender, there are many people (farmers, businessman) with old naira note in the northern and southern part of the country and you want those people to lose their money because of politician.

Now, some politician has promised that people should continue using the old naira note in the northern part of the country and that if they elect as the govt, they will reverse the policy. Who will now carry the majority vote of the masses?

Every sane Nigeria can decipher this policy is targeted at politicians against vote buying and could be reversed after election.

The fact the old 500 and 1000 notes can still be deposited on and before April 11 means, one can still make use of it until after election. grin

2 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Parachoko: 8:36am On Feb 16, 2023
H
Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by forgiveness: 8:38am On Feb 16, 2023
PresidentAtiku:
I don’t have any ooo

How can I have very stewpid opinion?

No wonder una Dey support Tinubu

And you are even proud in your stupidity

Tueh

If the 500 and 1000 naira old notes can still be deposited till April 10, are they not going to still be in circulation until then? Think think. grin
Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Ezeama400: 8:39am On Feb 16, 2023
Teetee777:

Some people are jubilating because Mr president said the 1000 and 500 old note has stopped as legal tender, there are many people (farmers, businessman) with old naira note in the northern and southern part of the country and you want those people to lose their money because of politician.

Now, some politician has promised that people should continue using the old naira note in the northern part of the country and that if they elect as the govt, they will reverse the policy. Who will now carry the majority vote of the masses?


Only lunatics will listen to such ridiculous narrative..

Average voter would ask..." I thought Tinubu asked us to vote Buhari, what changed ?"

Which party created the policy and who's the presidential candidate of APC ?

If you know how people hate anything APC now you won't be saying this

2 Likes

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by Viscuz: 8:40am On Feb 16, 2023
Dey play.

200 naira only .

500 and 1000 otilo if you get am na tissue paper you hold unless u go CBN to deposit.


And with the counter deposit limit for CBN you go explain how you get the money .

Geh geh

Buhari hold una for blockos next time you will not shout emilokan 🤣🤣🤣🤣🤣🤣

1 Like

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by LibertyRep: 8:40am On Feb 16, 2023
Why do we need a further interpretation of the President's broadcast?
Can't he make his point clear and unambiguous?
Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by TOPCRUISE(m): 8:41am On Feb 16, 2023
forgiveness:
17.​In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points.


According to Buhari speech, "all existing old N1000 and N500 remain redeemable at the CBN and designated points" till April 10.

Meaning, it can still be in circulation until April 10. The only difference is that the N200 note will be released back into circulation even if deposited at the banks while the N500 and N1000 notes will not be released back into circulation after been deposited in the CBN or designated points.

It's a win win for the masses.

https://m.facebook.com/story.php?story_fbid=pfbid02p8xVx5zgRqPTwhRrnYxGa7MUXUaPx7RaeiWWjgWrB3B8PSgvu8ehKGFCDYHr38nel&id=100011193364134&sfnsn=scwspwa&mibextid=6aamW6
You call yourself forgiveness and you are making an unforgiven post.

1 Like

Re: Old 500 And 1000 Naira Notes Remain Legal Tender. See Reason by OnyeAshuaUru: 8:41am On Feb 16, 2023
BATstards are trying to form a parallel government.
They want old 500 and 1000 Naira notes to remain legal tenders in their dream Agbado Republic so Tinubu will be able to exchange his looted old notes for votes on election day.
BATstards are delusional

5 Likes

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