Senate stops introduction of N5,000 currency (Page 4)

i just hope the senate is not just paying lip service but would rather match words with action when the time for confronting sanusi head on comes. The question is do we really need a new currency now? If sanusi is so interested in using the faces of the women to come up with a new currency denomination, what stops him from changing the faces of the men on the #50 note we don’t even know who they are and using those of the women there? He should be careful with this currency restructuring thing. i want to believe he was not blind when Ghana towed the same part and now they are back to square one. He should also be aware that most south american countries with the likes of peru and Argentina that followed the same part where never better off for it but rather reverted at the end. if he still does not have eyes that of Zimbabwe is a very good example, where the currency was so devalued that a 1million Zimbabwean currency and other higher denominations can only buy some few loaves of bread. this man should not cause problems by improvising the masses with policies that are not worth it. i have no doubt if the policy is implemented, so many things would go wrong in this country. I wonder if as a CBN governor he does not introduce a denomination of the naira something evil would happen. He has been ranting about cashless economy, so why introduce a new denomination? i am beginning to have this notion that Sanusi is a working tool in the hands of the world bank like Ngozi okonjo Iweala. Playing Nigeria into their hands by devaluing our currency. When he steps down as CBN governor, the next thing would be to collect world bank appointment.

Posted: at 28-08-2012 11:42 AM (11 years ago) | Upcoming

Nothing too bad in the plan and not too good when considered Nigerians who are not too interesting in using coins; have been mature enough to known what is happening around me for the next 3 decades: Changing 20 Naira to 5 naira notes to coin will amounts to products (resellers) price infinite. So put the massing in mind in whatever seam good plan you may have.
At least we still got what should have buy for between 3 or 4 for the available 5 naira note, imagine if it no longer available. 5 naira wont product will be sold for 50.
 

Posted: at 28-08-2012 12:31 PM (11 years ago) | Newbie

Good news

Posted: at 28-08-2012 12:47 PM (11 years ago) | Upcoming

It is a good as he was stopped, son of a bitch want to eat his cake and ve it

Posted: at 28-08-2012 01:33 PM (11 years ago) | Newbie

hmmmm thank God,pls senate you guys should not accept that idea of 5,000  naira note.
Malaysia their highest denomination is 100 ringgit...and their money is higher than naira
1ringgit is 50naira....

Posted: at 28-08-2012 02:36 PM (11 years ago) | Newbie

he should tackle the first issue first not(Boko haram ) not currency

Posted: at 28-08-2012 04:04 PM (11 years ago) | Upcoming

Can't GEJ cage this boko haram governor?

Posted: at 28-08-2012 04:45 PM (11 years ago) | Hero

:what do u think you are trying to do? u better wake up because, u re going to cause alot of things in nigeria..................with this your worwor face.

Posted: at 28-08-2012 06:51 PM (11 years ago) | Newbie

Good

Posted: at 28-08-2012 07:26 PM (11 years ago) | Upcoming

not just stopping him but sack him with imediate effect! he just displayed gross incompetency!!!

Posted: at 28-08-2012 10:51 PM (11 years ago) | Upcoming