₦airaland Forum

inoki247:
Cashless policy comes with Cash mop up....

So if we are to start Cashless policy people should stop adding Cash swap to it ...

I am sorry! I can't continue with you on this matter. Thanks.

inoki247:
cashless policy can't work in Nigeria because if the value of the money that's what I'm trying to tell you....

And also our bank Network and even the service provider can't bare much traffic...

Ooooooh God! Why haven't you answer my question nah!! What is cashless policy?

Your over sabi is too much ooo!

Do you know that you are talking to an economist?

Why not host them in Rivers?

inoki247:
Cashless policy not with money that doesn't have much value....

Don't bring UK and US or Europe as example...


Check any country that's a less value Currency and see for yourself if they operate Cashless policy.,..


E.G CFA and Korean Won Google dere daily limit....


So cashless Policy's can only work with Currency that as much value the more valueless ur currency is the more cash you will be needing you can't compare someone that withdraw 1000naira with someone that withdraw 1000usd are they the same value....


This Policy is not meant for Nigerians it must be reversed afta election....


In the olden days when Naira as Alot of value with ordinary 100 naira you withdraw from bank you can do Alot of things not now where we even pay up to 1k 3k as charges monthly when we calculate our total bank charges for the month....


If the money as more value we won't be needing more cash......

When you can buy land with just 1000 naira why will you be withdrawing excess....

You are still not getting it. I have not mentioned anything other than the meaning of cashless policy. When we are able to get the meaning, then we can talk about other things.

I may not even mention any country in my explanation.

sarrki:
NIGERIA UPDATE: ABC of Currency Redesign vs. XYZ of Cash Confiscation Explained:

1) Currency redesign was approved by the President and announced. Currency recoloring resulted.

(2) Currency swap was envisaged by section 20(3) of the Central Bank of Nigeria Act 2007 as approved by the President. Swap means I take N100,000 to the bank in old notes and I receive N100,000 immediately in new notes. No more, no less.

(3) During implementation of the cash swap, the CBN withdrew over N2 trillion from circulation but printed only N400 billion, so in effect,

(4) Currency confiscation was then unilaterally and unlawfully implemented by the CBN. Trade and exchange gas collapsed. Human suffering, impoverishment and economic contraction resulted.

(5) The policy objective was derailed into a deliberate national fiasco to sabotage the elections in the name of preventing vote-buying. All efforts to get CBN to implement what was lawfully approved failed.

(6) Some State Governments had no choice but to approach the Supreme Court for adjudication. The APC as a party and the Progressive Governors Forum are unanimous that policy implementation must be reviewed, and

(7) Full compliance of the subsisting ruling of the Supreme Court be observed until final judgment on the suit instituted by the State Governments.

This man is dull. Is this what he relies on to reverse a monetary policy?

He needs to go back to secondary to study economics.

He needs to understand fully the meaning of cashless policy.

inoki247:
And at the same time I have the right to withdraw it back....

And the Cash Swap I know of back in the days people comes with Bus and Megaphone 📣 going round telling people to change derr old money for free you don't even need a bank then just give them the old money you take a new one,...

So what they're doing right now can't be called cash swap you people should stop confusing us ....

Do you know the meaning of cashless policy?

Are all these people youths?

inoki247:
Lol this Govt just confused us with English...

I ask again wetin be Cash swap if I break my Piggy bank see 100k old note inside and take it to bank no be to come bak home with new one...

This is not a Cash swap or a Cash Swap cos you no fit take 100k to bank like this and see 10k of new note colet bak....



Make them sha print money give INEC this one wey INEC dey complain say he Neva get cash from CBN make dem allow us du election comot mak we know say Buhari Chapter don end...

Won't the 100k be deposited into your bank account?

Who is El Rufai?

And what does that mean?

The supreme court don't have the power!

This one must be high on something!

Not APC, not PDP and not LP and you said you have a chance. Bro where do you see the chance?

EarlierDawn:
Massive! I am expecting 80%+ from Adamawa! Even APC members are campaigning for Atiku in that state!

I am telling you.

kafibiz:
Most of the people in the crowd no get PVC

Most of the people you see in that video have PVC, if not two.

I hate some APC supporters analysis here, some of them keep saying Atiku will struggle to win Adamawa while some are saying Tinubu will win Adamawa. I am still trying to know the yardstick for this.

You believe Tinubu will win Lagos state and you don't believe Atiku will win Adamawa convincingly. Well, it's very good have a strong believe in your party but, we need to be realistic in our analysis.

From the reality on ground, the APC owns Lagos, the PDP owns Adamawa, while I expect LP to win Anambra.

tunapawizzy:
exactly..i like that the people can see the light.
I wonder WHy the governors are not fighting with this same energy for more new notes to be put in the system by the CBN..why is the fight all about people can transact with old notes.
Buhari no go gree on this one

That's just the truth.

Revenue are not to be collected by hand, how do government of Kaduna collect the old notes?

I pity the people of Kaduna! El Rufai's brain is short as his height!

Ezeama400:
Elrufai is working for Atiku behind closed doors .. Forget him eye service games

Fear fulani man..

Tinubu should appreciate those that criticize him openly at least they are sincere, unlike those that stand with him in the afternoon, stand with Atiku at night

How? I don't think so.

tunapawizzy:
The governors are playing the last minute game. They want to give the old notes some form of legitimacy because they have to push out the ones they kept in their closets. step 1 of their game is to make the people feel the old notes is still legal tender(that's why all of them are announcing, u can spend it in my state), then step 2 is to start buying people's conscience. At least to buy someone's vote, you will have to offer the person something that has value.

Hmmm! It won't work. You can't give an average Nigeria the old notes and think he/she will be happy with you. No matter how plenty it is.

TruthsFM:
This man with mentally derailed felt the presence of LIGHT today.

God is wonderful!

Their governors won't be there for them when the CBN is ready to deal with them. Smart people.

I do not know the power a governor would have over the president or the CBN on monetary policy. Not even the supreme court!

If he truly said this, Ortom is courageous. He is bigger and powerful than Wke.

I am not supporting Ortom but judging him by his declaration.

Hope this is not a parable?

Malory:
A total flop. Shame on Atiku.

Don't allow politics to harm you. Pls free your mind!

God!

senatordave1:
I just quoted you somewhere,one northern elder said something about atiku

Who is him? Is he controlling a larger number the group?

Who is his candidate?

Whoever they like, let them support. All I care for is 'better Nigeria'

senatordave1:
You are the one that is analysing poorly and emotionally..I never said tinubu will sin those states.I said tinubu will outscore atiku eben if obi win those states..the bulk of pdp votes in taraba is from the south dominated by xtians.Emmanuel bwacha and danjuma shiddi are the most popular politicians in taraba south snd they are in apc.add it with many xtians aligning with obi.is that not a gain for tinubu?
In plateau,those Christians that usually go pdp are now going obi.jang the political leader of the betoms is anti atiku while tinubu votes is largely unaffected.
While obi will win rivers,atiku is out of rivers contention.he won't even campaign there.it is obi then tinubu..
In edo,edo south and central that usually goes pdp is now obidient but oshiomhole holds onto edo north for tinubu.where is atiju getting votes!
In ebonyi,umahi has successfully suppressed pdp.the problem is now labour party.in imo,the pdp is divided into two camps.pdp won't feel a candidate in orlu zone which is massive.uzodinma is penetrating owerri zone held by pdp and the only senator pdp has is in lp.okorocha and hope have reconciled for tinubu.I dont need to talk much on benue, ortom is doing it already...

Atiku stronghold in kaduna south is now obidient.gombe pdp is divided,their most popular person gwamna has joined apc.the guber candidate barde is highly hated.nnpp candidate mailantarki is more accepted.almost all defections in gombe are to apc or nnpp.in Kebbi, pdp were gaining from aoc but since Nov,all defections has been to apc.the victory of aliero at the apex court only gave pdp a slight hope.
I never said tinubu will win se,i said he will beat atiku here.the election down south has gone tribal but the north and ss are divided because of different ethnicities and interests

I am not emotional, that's just my observation.

But let's wait and see. Whoever wins, good luck. I have no preferred candidate but I will only votes the candidate with the best manifesto to me. That's all.

See all of them. God knows who the winner will be.

I just carry my PVC go one corner dey look the candidate I go vote for, I dey smile.

If you try campaign for me or carry money come meet me, the kain insult or slap wey go follow you go make your head straight.

senatordave1:
At least 50% of yobe is kanuri.again,tinubu has flipped more states atiku won than atiku flipping more states than buhari won.tinubu has overtaken atiku in rivers,crs,edo,ondo,Oyo,imo,ebonyi,venue and they were all won by atiku.atiku has only flipped sokoto,bauchi,katsina won by buhari.between now and 25th,he can only flip jigawa or Niger.his initial gains in kaduna,kwbbi,gombe are all lost.tinubu us closing in on plateau,abia,Enugu,taraba,nasarawa etc

Tinubu in Taraba, Jos, Rivers, Edo, Ebonyi, Imo, Benue? You must be joking.

Atiku gain in Gombe, Kebbi, Kaduna lost ke?

Why are you analysing politics like this bro. Atiku has not lost any gain in any Northern states the same way Tinubu has not lost his gain in the south west.

Tinubu can't win in the East. Obi will do the damage there.

Bro. This election has gone tribal. That's just the truth.

StrongAlphMale:
The presidential candidate of the APC, Bola Ahmed Tinubu has suffered yet another gaffe during the APC presidential campaign rally in Kebbi days ago by urging his supporters to vote for him on 25th January.

He said: “No matter what our opponent do, you take your PVC on the 25th of January.

“Just go to the votes with your PVC, on top president, APC.”

Can someone explain the bolded am confused. Wetin this man dey talk?

Mynd44

Ask his followers ooo

senatordave1:
The fulanis in kwara are too few to do anything.you cannot compare sambo to shettima.shettima is the absolute godfather of borno politics,he dominates the state unlike sambo.sambo has never been grasstooted or flowed with the masses like shettima.in 1993,borno yobe voted for vice in kingibe.in 2019,they voted buhari instead of atiku.they dont want anything atiku snd pdp

Ok oo

olasaad:
The matter tired me ooo. Like he is the vice because he is more active than the VP self.

I dey tell you.