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Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others (14730 Views)

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Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by FitCorper: 7:35am On Nov 23, 2023
Praise be to God. And to everyone reading this. May you and your families be an exception to the negative wind about to cleanse the land in Jesus name. Amen. Nigeria will be great again.

2 Likes 1 Share

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Emeskhalifa(m): 7:36am On Nov 23, 2023
FreeStuffsNG:
The messaging and media campaign on the extension of the old naira notes need to be improved and frequently advertised on all platforms immediately to prevent naira cash hoarding ahead of the yuletide.

Most Nigerians were caught unawares last year. Same CBN, as an organisation, despite having new CBN Governor now, was blamed for the untold hardship people faced to collect their cash so this is more like trust issues; people don't trust CBN enough to make enough cash available since the deadline pronounced by the Supreme Court for expiration of old naira notes is yet to be lifted.

The Supreme Court case should be accelerated in the national interest and the CBN must immediately improve the cash supply.

I have not experienced or witnessed any cash scarcity at ATMs or heard of report of cash scarcity at POS so this report of cash scarcity is yet to be a huge issue. A Supreme Court and CBN intervention is urgently required.l immediately



As u dey do transfer na e do you don't know about the cash scarcity.

Imagine a coporate account wey person dey collect 2.5m cash at a time, dem dey give person 20k on same account presently. If you ask them, they will tell you they (banks) don't have cash to give out too

3 Likes 1 Share

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by jumper524(m): 7:36am On Nov 23, 2023
FreeStuffsNG:
The messaging and media campaign on the extension of the old naira notes need to be improved and frequently advertised on all platforms immediately to prevent naira cash hoarding ahead of the yuletide.

Most Nigerians were caught unawares last year. Same CBN, as an organisation, despite having new CBN Governor now, was blamed for the untold hardship people faced to collect their cash so this is more like trust issues; people don't trust CBN enough to make enough cash available since the deadline pronounced by the Supreme Court for expiration of old naira notes is yet to be lifted.

The Supreme Court case should be accelerated in the national interest and the CBN must immediately improve the cash supply.

I have not experienced or witnessed any cash scarcity at ATMs or heard of report of cash scarcity at POS so this report of cash scarcity is yet to be a huge issue. A Supreme Court and CBN intervention is urgently required.l immediately

I don't know how things goes ooo.
But there's no cash shortage here in Abuja. And there has never been after that emefiele era.
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Charmingrascal(m): 7:37am On Nov 23, 2023
No be for Kwara wey me dey.
Maybe Kwara in Bauchi state
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by israelmao(m): 7:38am On Nov 23, 2023
All these pent-up anger and hardships will surely find an easy vent one certain day.One little thing will spark off a revolution one day in this nation.

1 Like

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by ViktorCash: 7:39am On Nov 23, 2023
Nigeria is broke,that is just the truth. It has gotten to the point that there is shortage of cash sad
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Badonasty(m): 7:42am On Nov 23, 2023
Lol..:I never still experience this cash scarcity of a thing
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by spiSeyi: 7:44am On Nov 23, 2023
"Emefiele has used all the Naira to pay his 300M bail" next excuse by the government grin it's like this scarcity is a planned work to enrich POS businesses, why always December wink
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by hotwax: 7:47am On Nov 23, 2023
I thought emefiele has been sacked and detained.

Is he still pulling string from detention ni?

Tinubu said he caused Naira scarcity to fight his election chance.

APC aye yin tibaje.

2 Likes 1 Share

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Jostoman: 7:50am On Nov 23, 2023
Na Strategy to make things difficult for opposition that may want to challenge their Fraudulent win in the election at the supreme court most especially those that are not in political position.
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Stevenbright(m): 7:53am On Nov 23, 2023
People have started hoarding it in anticipation of the initial December deadline for the use of the old naira notes.
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by babzlim(m): 7:53am On Nov 23, 2023
distraction tactics.
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by ajepako(f): 7:59am On Nov 23, 2023
Good

Maybe na north the revolution kasala go first burst

No be bad belle or wishful thinking, it is inevitable..

Make I sharply go withdraw plenty moni keep for house

No be me go suffer for una poor choice during elections

Kontiri hard

3 Likes

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by SOFTSKILL: 8:02am On Nov 23, 2023
OlawaleBammie:
come to edo state, u will cry before u see 10k


Hmmmmm
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by nkemjacob2(m): 8:05am On Nov 23, 2023
We done come again with this rubbish. Where is APC taken Nigeria to
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by pingpong1: 8:07am On Nov 23, 2023
Apparently, Emefiele wasnt the problem

1 Like

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Ishilove: 8:10am On Nov 23, 2023
JASONjnr:
But FG extended the use of old notes till further notice!


Why would Nigerians always find a way to plung themselves into serious problems.


Before you know now, people will begin to reject old notes.

But there's a process to retrieve the notes.

Banks will continuously withhold the old notes and exchange with CBN for new notes rather than giving deadlines to it's usage.
It is lack of information and complete ignorance

2 Likes

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Jostoman: 8:18am On Nov 23, 2023
thesicilian:
Nigerians are naturally wicked people. Obviously they're now hoarding the naira in anticipation that there'll be a scarcity in December
many of you dont know the tactics, what BAT is trying to do now is he wants to make things difficult for opposition that may want to challenge APC fraudulent victory at supreme court
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Ekeneegwu(m): 8:20am On Nov 23, 2023
Am just waiting for those APC gay BOTS ..

1 Like

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by abibun: 8:22am On Nov 23, 2023
Do we now have more Sokoto in Nigeria?
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by wink2015(m): 8:26am On Nov 23, 2023
gentposh:
Even the naira wey no get value is still scarce ..

This country should be leased for a while..
Our politicians need a commercial break

I think the issue with Nigeria is with a divided and confused electorate or voters who do not know their rights and who are unwilling to unite and take the rights.

Nigerians are partly the cause of this problems as they do not know how to use their votes to elect credible leaders.

They are also divided along tribal and religious lines.

Today, many yorubas voted Tinubu but they are suffering alongside with other Nigerians.

Tribal allegiance did not save them from the harsh realities of bad choices they made.

This problems is in the southern part of Nigeria but it is very worse in the Northern states of Nigeria where the literacy level is very low.

Nigeria vote leaders on primordial sentiments which also include leaders that we share the same religion with and or leaders that belongs to our ethnic tribes.

For example an Hausa and Fulani man will prefer his kinsmen who are muslims.

The same with the yorubas and the Igbos.

Today, vote buying is now a common trends among politicians.

Your money, My money is used to buy votes.

4 Likes 1 Share

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Akoasi: 8:28am On Nov 23, 2023
If you need new Naira note up to 10 m... Contact me, 30% charges though
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by lexy2014: 8:32am On Nov 23, 2023
FreeStuffsNG:
The messaging and media campaign on the extension of the old naira notes need to be improved and frequently advertised on all platforms immediately to prevent naira cash hoarding ahead of the yuletide.

Most Nigerians were caught unawares last year. Same CBN, as an organisation, despite having new CBN Governor now, was blamed for the untold hardship people faced to collect their cash so this is more like trust issues; people don't trust CBN enough to make enough cash available since the deadline pronounced by the Supreme Court for expiration of old naira notes is yet to be lifted.

The Supreme Court case should be accelerated in the national interest and the CBN must immediately improve the cash supply.

I have not experienced or witnessed any cash scarcity at ATMs or heard of report of cash scarcity at POS so this report of cash scarcity is yet to be a huge issue. A Supreme Court and CBN intervention is urgently required.l immediately


is it the responsibility of citizens to make cash available or it is the responsibility of the CBN?

if you "have not experienced or witnessed any cash scarcity at ATMs or heard of report of cash scarcity at POS", why then did CBN release a circular to that effect? or are u running your sycophancy and propaganda based on ignorance or lies?

how many banks can pay more than 100k per transaction in Nigeria today?

3 Likes 1 Share

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Hanndye: 8:32am On Nov 23, 2023
SalamRushdie:
It's time for APC to go abeg , they clearly have nothing to offer than wickedness
Zombies/ Agbodorians are saying otherwise. It's a pity. They will rather suffer for nothing. They will even call you a nonentity for lamenting. I wonder how they can say they love this country and be satisfied with how things are going on. They will say you can as well cry. Is it self-centeredness or what.

3 Likes

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by thesicilian: 8:39am On Nov 23, 2023
Jostoman:
many of you dont know the tactics, what BAT is trying to do now is he wants to make things difficult for opposition that may want to challenge APC fraudulent victory at supreme court
Can you explain
1. How naira scarcity prevents opposition from challenging APC victory at the supreme court
2. How you can even challenge a supreme court victory in the first place?
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by FireUpNow(m): 9:00am On Nov 23, 2023
Dem don start again
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Blackdisciple(m): 9:05am On Nov 23, 2023
Useless people

1 Like

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Sufgriw(m): 9:21am On Nov 23, 2023
WICKEDNESS. AS LONG AS I CAN DO TRANFER,THEN THATS ALL

1 Like

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by Pootle: 9:22am On Nov 23, 2023
ksam:
NIGERIA IS THE WORST COUNTRY TO LIVE IN AS A HUMAN 😔 sad

GOD! HOW DID I FIND MYSELF HERE

no pray to find yourself for Afghanistan you go know say na heaven you dey here
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by highchief1: 9:23am On Nov 23, 2023
FreeStuffsNG:
Fresh Naira scarcity hits Kano, Sokoto, Edo, others
23rd November 2023





https://punchng.com/fresh-naira-scarcity-hits-kano-sokoto-edo-others/

naira is not scarce.pos operators are trying to play smart.fg is not the problem of Nigerians.nigerians are the problem of Nigeria.

1 Like

Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by occfx: 9:51am On Nov 23, 2023
FreeStuffsNG:
Fresh Naira scarcity hits Kano, Sokoto, Edo, others
23rd November 2023





https://punchng.com/fresh-naira-scarcity-hits-kano-sokoto-edo-others/


My own scarcity be say I no get kobo for bank
Re: Fresh Naira Scarcity Hits Kano, Sokoto, Edo, Others by BreakingNews21: 9:52am On Nov 23, 2023
Who sponsors the forex traders that continue to manipulate the cash system?
There may be an unholy alliance between some bank managers and the greedy traders (money changers).

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