Naira Scarcity: CBN, 15 Banks Working On President’s Directive

Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele (30601 Views)

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Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Derrickfoster1(op): 5:41pm On Feb 16, 2023

The Governor of the Central Bank of Nigeria, CBN, Goodwin Emefiele said his team has met with 15 commercial banks on how to implement President Muhammadu Buhari’s recent directives on the availability of N200 notes.

DAILY POST recalls that following the crisis arising from the scarcity of the newly redesigned naira notes, President Buhari on Thursday directed the CBN to release the old N200 note into circulation to ease the pain of Nigerians.

Addressing journalists at the State House after Buhari’s directives, Emefiele said commercial banks have been directed to make the old N200 notes available.

According to him, the development would help reduce the pain of Nigerians, stressing that they meet with bankers every day to get feedback on the naira policy.

He said: “President has given his directive, I have met with about 15 banks this morning and we have given them directives about how they can make all the N200 note available effective today.

“I assure Nigerians that this will help to reduce the pain. We meet with the bankers at least once daily to get feedback and I think we should let this policy work. The temporary pains are regrettable but I can assure Nigerians that it will be well.”

https://dailypost.ng/2023/02/16/naira-scarcity-cbn-15-banks-working-on-presidents-directive-emefiele/

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Derrickfoster1(op): 5:42pm On Feb 16, 2023

🤣🤣🤣🤣🤣

Emefele the koboko flogger.

134 Likes 9 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Coolsperm: 5:44pm On Feb 16, 2023

Is because Tinubu stole money during last election that is why you are suffering now

28 Likes 2 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by kufre2010(m): 5:45pm On Feb 16, 2023

In Obi I believe

50 Likes 5 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by StrongAlphMale: 5:45pm On Feb 16, 2023

As of today, most ATM weren't even dispensing money at all. E come be like say banks no dey this country again.

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by chivic(m): 5:48pm On Feb 16, 2023

Why only 15 banks ?

1 Like 3 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by baralatie(m): 5:51pm On Feb 16, 2023

Make I dey look
This emefiele as he wan dodge this one

2 Likes 3 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by backnbeta(f): 5:52pm On Feb 16, 2023

How many pieces of this 200 were in circulation prior to your mop up? Why are you not talking about printing more new notes when we can only have access to 200 old notes? I still think your whole plan is flawed! I pray the (s) election holds on Saturday as scheduled, let's move on with our money! If you earn 100k in naija, you'll get 70k if you want cash

52 Likes 4 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by inoki247: 5:52pm On Feb 16, 2023

Wetin happen to the remaining bank...

Why not print more new note for distribution....

New Note wey plenty during Dec all of a sudden don go into extinction like Dinosaur 🦖🦕🦕

18 Likes 2 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Derrickfoster1(op): 5:55pm On Feb 16, 2023

inoki247:
Wetin happen to the remaining bank...

Why not print more new note for distribution....

New Note wey plenty during Dec all of a sudden don go into extinction like Dinosaur 🦖🦕🦕

Hahahahahahaha

Stop asking silly questions and stand on ya mandate 😜

20 Likes 1 Share

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Googledotcom: 5:58pm On Feb 16, 2023

This cashless policy has shown how inefficient banks are. Transfering money has now become an issue. First bank and Access bank are just so useless.

I will move my money to network providing banks like smartcash. Lemme try Smartcash and see.

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Ofemmanu1: 6:07pm On Feb 16, 2023

When I look at the billions Tinubu is taking home monthly just because he is Lagos ex governor, and how his henchmen cornered Lagos fortunes..
.. Meanwhile I look at how Peter Obi rejected everything, including his gratuity and the "No Shishi Paradigm" I become tempted to vote Obi.
But as a professional tribal bigot and naturally w!cked person, I will vote BAT.

26 Likes 1 Share

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Brendaniel: 6:15pm On Feb 16, 2023*

One of the problems of Tinubu supporters is not paying attention to details, I kept telling them to go back and listen to what Buhari said before the APC primaries, he said the presidency is not for sale, the presidency is not for money bags to buy.

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Sonnobax15(m): 6:15pm On Feb 16, 2023

Ok oh..

Meanwhile El Rufai bank dey work under the directives of the aggrieved Nigerian masses grin

Wahala

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by FreeStuffsNG: 6:15pm On Feb 16, 2023

Hmmm.
Wehdone sir.

Just know that it is an illegal directive that disobeys lawful court order.

Election holds in 9 days. You should all come out en masse to vote for Asiwaju. Only Asiwaju can stop them from turning your old notes into tissue paper.

Once Asiwaju wins, old notes will remain till December 2023 and Emefiele will be fired.
check my signature for free stuffs!

22 Likes 4 Shares

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by MadeInTokyo: 6:16pm On Feb 16, 2023

Emefiele the real City boy

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by ecolime(m): 6:16pm On Feb 16, 2023*

N200 notes will flood everywhere next week.

Unfortunately for Benin & Warri people, they've burnt almost all their banks. Na to dey travel just to withdraw 2k per day now.

Foolish people

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Buckeyemedia1: 6:16pm On Feb 16, 2023

Coolsperm:
Is because Tinubu stole money during last election that is why you are suffering now

Kai so because if 1 man 200 million people should suffer? Only a Mumu would make such a dense statement.

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by LaconicINC: 6:17pm On Feb 16, 2023

madam rest elections will hold! nothing is flawed about the policy, I rather suffer for 30 days than suffer for another 8 years

backnbeta:
How many pieces of this 200 were in circulation prior to your mop up? Why are you not talking about printing more new notes when we can only have access to 200 old notes? I still think your whole plan is flawed! I pray the (s) election holds on Saturday as scheduled, let's move on with our money! If you earn 100k in naija, you'll get 70k if you want cash

19 Likes 1 Share

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Imka: 6:17pm On Feb 16, 2023

Derrickfoster1:
https://dailypost.ng/2023/02/16/naira-scarcity-cbn-15-banks-working-on-presidents-directive-emefiele/

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Akwamkpuruamu: 6:18pm On Feb 16, 2023

Tinubu is gone. Urchins should feast on Agbado

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by LaconicINC: 6:18pm On Feb 16, 2023

BAT will retire to his hospital bed in London after Feb 25th

FreeStuffsNG:
Hmmm.
Wehdone sir.

Just know that it is an illegal directive that disobeys lawful court order.

Election holds in 9 days. You should all come out en masse to vote for Asiwaju. Only Asiwaju can stop them from turning your old notes into tissue paper.

Once Asiwaju wins, old notes will remain till December 2023 and Emefiele will be fired.
check my signature for free stuffs!

4 Likes

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Buckeyemedia1: 6:19pm On Feb 16, 2023

MadeInTokyo:
Emefiele the real City boy

Buhari just used this Emefiele to keep APC in power?

4 Likes

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by GolDRoger: 6:19pm On Feb 16, 2023

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Lightorder: 6:19pm On Feb 16, 2023

chivic:
Why only 15 banks ?

all the branches of each of the 15

1 Like

Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Lovelife433(m): 6:20pm On Feb 16, 2023

We are all in dis mess, just because of Tinubu bullion van.

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Re: Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele by Ikaeniyan0: 6:21pm On Feb 16, 2023

Buhari tenure has been disastrous so far

A waste of 8 years with very little to show

Nigeria and Nigerians have witness very little development from 1999 till now

Things just keep on getting bad in Nigeria.

8 Likes