No matter how good this policy seems to be and which ever motive might be the reason for the sudden implementation of it,it does not worth the excruciating pains the Masses are going through.people are passing through hell.pmb is really dumb ,now I know that he does not know and understands what is happening around his govt,if not, how can a man that steer the leadership of a country allow somebody to decieve him in subjecting the citizen to this kind of hell .

sonofElElyon:
Why still insist on people filling forms online? Can market women petty traders do so?

I said this government are clueless to the core

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. After the election, Asiwaju Bola Tinubu will reverse the inhuman policy.

APC fighting APC, and APC wanting to save Nigeria from APC.
Trying to campaign for the druglord with this situation that wouldn't have come up at all if the druglord had never supported the emergence of this clueless APC.
Confused motherfuckers!!
Una go collect next week, e no far again!

press9jatv:
Cbn only make the pronouncement to ease the stress in the public. You will still passed through the stress but not much by generating the code online. Also the #500 and #1000 is no more a legal tender in the public. Cbn operatives want to ease the stress of Nigerians here. Kudos to them. More collections of the old naira notes.

so what are you saying now?

Lionnation:
So if say I die yesterday cos of old note na so I for die in vain

Shebi una say you wan die because of hate for Tinubu.

tinsel:

Since banks can accept them until Apri, why not? Forget the English they used to save face.

They didn't say they can collect them till April 10. The president only said that the old N200 can be spent till April 10.

[quote author=seunmsg post=120988137]CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

100% correct

Thewrath:

Is it 500k which is the maximum amount each person can pay and it’s just once you can pay in old notes till April 10th each politician stashed? We are talking about politicians hoarding notes in billions here.

Billions they will share to millions of Nigerians...

You get it now?

Then Nigerians will later deposit it in banks, say from 1k to 500k naira each.

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. After the election, Asiwaju Bola Tinubu will reverse the inhuman policy.

The question is - which serious minded business person have the time to collect old notes, go to the bank, waste much time in the queue, reach their turn, collect generated number, then wait again to reach their turn before his or her cash is accepted? Do turnover and start again the circle.... Nah, it doesn't worth the stress.

Day to day business persons can't risk doing something that would bring biz stress and detriments to his or her business.

Nobody get such time, we rather reject the old naira to ensure the smooth business run.

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. .

…you sounded so on point until I scrolled down and saw that old man’s photo.
#disappointed

I don talk am before and I will still say it......All these na cruise. Check out campaign in the next few days. Tinubu fought for the masses while Atiku and Obi supported an anti-masses policy. As e dey now, Emefiele na the sacrificial lamb and nobody will be blamed further but Tinubu will be hailed for fighting for the masses. Sebi APC don save us from APC now........free credit to Tinubu, Atiku and Obi should have know better they played into their hands

Ttalk:
They have no choice.

A win for the masses

A win for the progressives

A win for all that stood against the tyrant of Emefiele and Bubari.

Shame on all Mkpuru miri addicts

Shame on those that support the contempt of the judiciary

Shame on the fools that want the masses to suffer

Shame on every soul that supports this wicked policy of the government

Shame on you for choosing to be stupid and unreasonable..

Same market women someone bought 100 ewedu with old 500 and gave change of 400, bought half bag of rice for 16500 and still paid with old 1k with thank you response from seller.

TheFreshVanilla:
The policy only favors those who still have old notes. Market women no longer collect them.

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics.

Right. Right.

IamAsiri:


They didn't say they can collect them till April 10. The president only said that the old N200 can be spent till April 10.

Supreme court overrides the president, cbn dey use style obey the court

Yes, I told my people that they are just joking because gtbank customer alone can kill them mean while boys we use the opportunity to rob them big time.

Sodiq3:
CBN simply wants to direct the public anger towards the banks. Nigerians are already besieging CBN and they know that anything can happen from there.

Assassink:
So, buhari is suffering the masses now?I thought he's the best thing that has happened to Nigeria. So you are no longer licking buhari ass?You urchins are brainless.

Na so we see am o.

Ttalk:
They have no choice.

A win for the masses

A win for the progressives

A win for all that stood against the tyrant of Emefiele and Bubari.

Shame on all Mkpuru miri addicts

Shame on those that support the contempt of the judiciary

Shame on the fools that want the masses to suffer

Shame on every soul that supports this wicked policy of the government

Urchin pro max

inoki247:
CBN must be on drugs Wu dey supply dem sef...


Everyday changing mouth....


Like this now people wey say dem dey suffer now because of dere future don go suffer in vain dere future don dey blink like this cos Vote buyer wey dem dey avoid don win las las....



CBN jus want make bank continue dey colet from the masses dem no wan Colet dere own share of the masses anger....

ELERIBURUKU CITIZENS OF THE 24 century go sell vote

Olaxbolax100:


The thing is that even this reversal would not still stop the coming protests... If I deposit my old 500k note, will the bank give me new naira notes

The protest on the street is because of the scarcity of the new notes... The old note still won't be collected on the street

technically the old notes are still legal tender. Old no dey come out to say I'm sorry, na sense dem dey use.

Oluchiugo:
I don talk am before and I will still say it......All these na cruise. Check out campaign in the next few days. Tinubu fought for the masses while Atiku and Obi supported an anti-masses policy. As e dey now, Emefiele na the sacrificial lamb and nobody will be blamed further but Tinubu will be hailed for fighting for the masses. Sebi APC don save us from APC now........free credit to Tinubu, Atiku and Obi should have know better they played into their hands

they are the biggest losers, they miscalculated big time

kosovo:


It's a cumbersome process and I doubt it will continue till Feb 25...

You have to fill a from and all that gilberish...

Why won't it continue till after Feb 25?

If your business is cash driven, na heaven your customers go bring the new notes abi? Insist on only new notes and lose 90% of sales.

SmartGadgetz:



The question is - which serious minded business person have the time to collect old notes, go to the bank, waste much time in the queue, reach their turn, collect generated number, then wait again to reach their turn before his or her cash is accepted? Do turnover and start again the circle.... Nah, it doesn't worth the stress.

Day to day business persons can't risk doing something that would bring biz stress and detriments to his or her business.

Nobody get such time, we rather reject the old naira to ensure the smooth business run.

Thewrath:
Foolish people celebrating it as a win for tunubu,the process is still thesame,you still need a reference number from cbn to pay in and at max 500k….this is what the cbn wants,the aim is still on track to mop up all old notes before election.

Don’t mind those urchins like Moh247 fredoooooo and BATified2023 who are already jubilating

Thewrath:
if he doesn’t need the old notes,why then are the apc governors worried? Do you know how much old notes was stashed for vote buying?

nobody will against it if they do it in the right way
Like me now my business has stopped since all these problem start
I have a Cassava factory I'm running in a rural area where there's no internet talkless of making transfer to them for job they render
Those who uproot cassava can't take transfer
Those who peel it can't take transfer, machine operator can't take transfer and I don't have cash to take to them so automatically everything is on standstill that is how it is with millions of people out there

IamAsiri:


They didn't say they can collect them till April 10. The president only said that the old N200 can be spent till April 10.

Until April 10

Thewrath:
Foolish people celebrating it as a win for tunubu,the process is still thesame,you still need a reference number from cbn to pay in and at max 500k….this is what the cbn wants,the aim is still on track to mop up all old notes before election.

Don't mind the fools.

Thewrath:
Foolish people celebrating it as a win for tunubu,the process is still thesame,you still need a reference number from cbn to pay in and at max 500k….this is what the cbn wants,the aim is still on track to mop up all old notes before election.

😂😂

So you don't know that all Thieffnubu supporters have malfunctioning brain. They find it difficult to comprehend.

folyrel:
If your business is cash driven, na heaven your customers go bring the new notes abi? Insist on only new notes and lose 90% of sales.

You are joking right? How do you expect me to collect the old notes, stress myself to the rigorous bank deposit and back on, are you sure you want my business to run smoothly if I do that. What happens to customers coming with new notes? Now is critical so I must take critical measures to ensure good and consistent running of my business. I can't please people and run my business aground, ok?

I am laughing gullible Nigerians

Let’s earmark the collection of old 500 and old 1000 notes from now till Election Day.

Possible uncertainty in getting the required code needed after filling the old notes deposit application form.

1.Server downtime

2.Traffic

3. Network downtime

4. Application error

5. Invalid details

Tick tok...Tick tok your time is limited.

The magnitude of uncertainty in this new development can’t be ascertained.

seunmsg:



And what’s the big deal in filling a form online and generating a code? We’ve filling forms and generating IRR before making payments to TSA, Remita etc so what’s the difference?

People in the villages don't know what internet is.


And they make the bulk of Nigerians

Lol,,, Their plan is to mop up the remaining old naira notes circulating... by the time they have gathered all the old naira notes you will be begging the bank for peanuts.

They are only trying to make sure there's no old notes circulating on before next week general elections.