₦airaland Forum

BigBashiru:
I said lower notes are not available via ATM and ATM is the largest dispense channel.

Anyway, please I am done. Thanks.

BigBashiru:
People just like creating nonsense and unnecessary arguments - so nigerians collect money from "bulk room"

BigBashiru:
Inflation had been rising since 2005. Its really simple, ATMs today only dispense N1000 and N500 and as a result things are priced in N1000 and N500 multiples simply because it is more readily available....

Elvictor:
so who completed those ones and are they not part of Lagos Ibadan rail line?
am enjoying you, LWKMD.

Elvictor:
even the article writer is confused roping Lagos - Kano rail line with Lagos Ibadan rail line, thank you for the confusion.

Elvictor:
so Lagos - Ibadan railway is built and completed in five years?

Tharyor1984:
You are an ignorance of knowledge for attaching the glory of Lagos Ibadan road and railway to tinubu, we are talking of things built by Awolowo with cocoa money , you are talking of federal project stated by Jonathan here

Racoon:
Another nice development! Yoruba amaka.The only people bringing cheering news to Nigeria are the Yorubas and Igbos but the born-to-rule mallos are only competent with their mediocrity back home

drey076:
He may have done more probably to your family.

Tharyor1984:
Awolowo built the first television station in Africa ahead of morocco, Egypt, Tunisia etc, he built liberty stadium where he brought the structure from swancy stadium from Switzerland, he built the most beautiful university in arfica (OAU), Cocoa house, wema bank, national bank, cocoa industry and many more, can someone just tell me ome thing tinubu has done for Yoruba land before some idiot will be calling him leader or fighter of yoruba land. The only thing I see he does is the conversion of govt(our) to his personal property and also giving us Buari because of his selfish ambition . YORUBA ronu

blacknp:
He only stated the obvious, Jagaban has done more for Omo Youruba political cause then any other statesman except Obafemi Awolowo.

backnbeta:
Exactly, the bigger items increase in multiples of N500s while the smaller items jump from N50 to N100 straight, if you ask why, they'll tell you they can't look for change...It is well.

[s]
Just so you know, I'm done with my doctoral. Read: CBN Moves to Tackle Inflation with Lower Naira Denominations (Thisdaylive, 2018),
Currency Denominations and the Price Level
(Chau-nan Chen,1976 in journal of political economy)

backnbeta:
You're right, I always wonder why we have N20, N50 and N100 if we can't get lower than N500 from ATMs. As a matter of fact, even inside the banking halls, they have made the lower denominations almost invisible! A country where change is scarce will always suffer economically. When price increases in Nigeria, it increases in N50s, N100s...hardly will an item increase by N10 or even N20 and that is killing our economy. Pepper went from N50 to N100, instead of N55 or N60, N70 because we have mostly high denominations in circulation

BigBashiru:
Let me not say what I wanted to say.

BigBashiru:
N50 N100 and N200 are becoming less common...... ATMS dispense only N1k and N500 and these notes are now more in circulation.

Nigeria will get worse than Zimbabwe at this rate.

Watch as everything will now be priced at N1000 and N500 multiples.

N2000 note is near.

Mrshape:
I am single bro. Fast food consumes money

fatlambert:
politicians and lies. This is clearly a sponsored group

Mrshape:
My new year resolution is about my feeding habit.
After speeding up to 70K to feed, the thing hat plains me most is that I still remain as I am.
I am not getting robust. I have resolved that I will reduce my feeding budget to 15K monthly I no go die. Na some teachers them day pay 15K they never die.

What is your new year feeding resolution?

Iamgrey5:
"In his reaction the assert, Shattima said," it is just a mere threat as far as I am concerned, and I don't wish it to be true

Mindlog:
The buses provided is not even enough for the indigenes who would love to travel home. To get an idea, let me give you an example. In compiling the list at each point of departure, they may require the town union of those from Ojota bring a list of 3 persons, those from Oshodi bring 3, those from Yaba bring 3 etc You see that the 3 is even way too small.

Rail system would serve better because it would convey a larger number of persons.

That isn't segregation, meeting levels is always village, town and the umbrella body "Ndi Igbo".

Mindlog:
Through village/town union meetings.

NGpatriot:
00

TheLionofLasigi:
iswear...

TheLionofLasigi:
iswear...

Oladeji245:
lol second time we agree on something..
btw his problem is not against afenifere..let's not pretend not to know he is just doing a hatchet job for that man whose name we shall not mention.