₦airaland Forum

Godfullsam:
You mean the cost of producing those lower denominations is far more than the value (purchasing power)of the money.

I shame for naija!

JagabanBorgu:
First and foremost, I don't use #5, I barely use cash transaction, that is to say, I barely get in touch with cash on my daily transaction, from fuel stations to saloon, everything I do, I barely touch cash, the only reason I touch cash is because I'm traveling and don't want to get stranded in a village or town where cash is very much the means of transaction.

As for your question, it doesn't correlate with the post, #5 infact new #5 notes are still in circulation, from Kaduna to Bauchi to Yobe to Sokoto, these denominations are still in circulation, that's what is relevant to the post, create your own post and I will reply you accordingly.

treesun:
Nigerians, when last did you see a ₦5, ₦10, or ₦50 note?

Sibrah:
Today.
Pure water sachet is still N30.

JagabanBorgu:
Nigerians and using thèîr my0p!c view on subject matters as a national outlook is the reason why you see some comments like the ones above.
When you travel across Nigeria, try to relate with the average common man, buy things from common stores that the everyday Nigerians buy from in the course of those travels, that's when you can really relate with the country.
#5 notes are well in use, common provision stores give out #5 notes as change to their customers till today.

oluxy:
The more these small note or money go extinction, the more things are expensive and small goods like sweet and TomTom will rise to N50.

Developed countries like USA still spend cent. I don't know why our FG, politicians, CBN are against these small money.

Love800:
100naira is almost useless too. Only sugar and pure-water it can buy!
Most transport now is from 150naira above!

Godfullsam:
You mean the cost of producing those lower denominations is far more than the value (purchasing power)of the money.

I shame for naija!

JagabanBorgu:
Nigerians and using thèîr my0p!c view on subject matters as a national outlook is the reason why you see some comments like the ones above.
When you travel across Nigeria, try to relate with the average common man, buy things from common stores that the everyday Nigerians buy from in the course of those travels, that's when you can really relate with the country.
#5 notes are well in use, common provision stores give out #5 notes as change to their customers till today.

treesun:
Nigerians, when last did you see a ₦5, ₦10, or ₦50 note?