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Rise Of Torn And Tattered #100 Note In The Country - Business - Nairaland

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Rise Of Torn And Tattered #100 Note In The Country by Tychamps(op): 6:35pm On Jul 18, 2018
Good evening Fellow Naiarlanders.
I believe everyone of us has noticed the increase in torn and tattered #100 note that is spent in the country, and to my greatest surprise, people have not been rejecting this notes.
I don't know maybe it's only in Lagos or everywhere.

Please who can tell us the reason why because it seems to be prevalent this days.

Lalasticlala, What do you think??
Re: Rise Of Torn And Tattered #100 Note In The Country by Owoado(m): 6:36pm On Jul 18, 2018
Some pple believe all the clean notes have been stashed up by politicians, in preparation for next election.

Another theory is that the focus now is on printing 1,000 Naira notes because that is what politicians are using.

My theory is: The CBN is definitely failing on some of its duties
Re: Rise Of Torn And Tattered #100 Note In The Country by Tychamps(op): 6:45pm On Jul 18, 2018
Owoado:
Some pple believe all the clean notes have been stashed up by politicians, in preparation for next election.

Another theory is that the focus now is on printing 1,000 Naira notes because that is what politicians are using.

My theory is: The CBN is definitely failing on some of its duties
If this is true, then it might cause inflation on the long run.
Funniest thing is that they are even scarce.
you hear people saying they don't have 100 change
Re: Rise Of Torn And Tattered #100 Note In The Country by malificent(f): 7:39pm On Jul 18, 2018
Since this week I've handled only old and worn 100 naira notes, I didn't think it was suspicious till now.
Re: Rise Of Torn And Tattered #100 Note In The Country by hisgrace090: 7:41pm On Jul 18, 2018
This govt cares not.
1 Reply

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