₦airaland Forum

Luzebox:
Damn....gombe is making sense...i never knew...walahi i tot it would be bush

Luzebox:
Damn....gombe is making sense...i never knew...walahi i tot it would be bush

GeneralDae:
Buhari also supports the policy. The intent of the policy is superb, the implementation is the issue.

GeneralDae:
The intent of the policy is good. It is meant to suck up the 2.8 trillion naira outside the Bank vaults that are in circulation. Now 1.9 trillion naira have been taken back. Thereafter the intent is to limit the amount of cash in circulation outside the Banks. The policy is not a cash swap and the CBN have no intent to reprint thesame amount of naira that was in circulation.

The implementation whereby people are being charged ridiculous sums for withdrawal is where the problem lies. In my opinion, the CBN should have redesigned only 500 and 1000 naira notes, and the limit of free withdrawal daily be set at 50,000 naira. It should have been a controlled process to limit the suffering of the common man who need cash for basic daily activities.

Obaaderemi2:
Many Nigerians think it's a good policy when it's clear it is politically motivated. How people could be blaming Emefiele for this when he's just the fall guy.

Just30:
Not really cheap but I'm just wondering why your fellow brother thinks it is such a big amount

Just30:
food is a lot cheap in Ghana ... Housing is expensive.

20,000 cedis is the minimum amount Ghanaian youth spend to rent 2 bedroom house for just a year and mind you, rent is usually collected in 2 years advance as security.

So you can see

Obaaderemi2:
Thank you. I've told people that Emefiele is just being used. The whole thing is political. But if Emefiele was a wise man he would have just resigned. Now his name is going up in flames while nobody is mentioning Buhari's and the cabal.

GeneralDae:
The thing with this is that the common people would just keep blaming the APC for this and the opposition would use this more to their advantage.
However, the intent of the policy I support but implementation was something else in my opinion.

QuietMynd:
No, he is not
He is jst lucky to have a dumb master at the affair of the nation, where some asshole the master called friends brings stupid idea and praise it as something great nd he will eat it up.
No one does currency swap the ways he does it, few weeks to election.
Currency swap is not new in the country, ex cbn govs have done it in the past without any issue.
But wat did I know, since he himself is getting into politics, wanting to buy presidential form while still occupying the head of banks position despite been against the law, while also forming tough guy when people start pointing at the law.
Feb 25 is near, he knows himself this is his last fight.

vaxx:
when it comes to formal debate, you can't even lace my shoe . Fumbling apart , if that look like a jab. You may disagree with me because you are not an independent thinker yourself. I know what you don't know,you will have to learn it in class .

And for your information, there is no country better than ghana in west africa. Nigeria is just big but not a successful one. Trading with 9 million successful Switzerland economy is better than 200 million Nigeria.

theenchanter:
throwing unbaked jab.

Just ask someone to tell u what's happening instead of expanding ur tentacles of ignorance.

Obaaderemi2:
This is good. So something good can come out of Borno?

Appisko:
Lol hypocrisy didnt u see ur fellow country man posting negative stuffs about Ghana here .