While Nigerians are busy going back and forth over whether the N5000 note should be introduced or not, fresh information has it that there are speculation that the controversial note might already have been printed abroad and shipped into the country, preparatory to distribution as early as January next year.
This is despite the fact that both the House of Representatives and the Senate are insisting that they are yet to give approval for the new note.
But the presidency has given its blessings to the introduction of the new note.
Quote
However, the Central Bank have come out to declare that what had been printed was just the design and not the original naira note which will come into effect in March 2013. Therefore, who saw the design said it was the yet to be introduced notes, which they claimed had been printed and imported waiting for authorization of its release and distribution. Also, some CBN officials who spoke on condition of anonymity said the notes had not been printed. One of them said: “Whatever anybody saw is the design of the proposed currency not the real currency.
“Before introducing any currency, you have to print a design copy for the monetary authorities to vet and look at the features to ensure they meet security specifications and every other feature in it,” he pointed out.
Posted: at 11-09-2012 06:31 PM (12 years ago) | Gistmaniac
victormorgan at 11-09-2012 06:59 PM (12 years ago) (m)
Corruption Will Never End.
Posted: at 11-09-2012 06:59 PM (12 years ago) | Upcoming
This one canta go quick full market ooo, na who and who they draw in there? i hope say no b my grandmother face i dey see there so....this one wey dem carry women full everywhere
Posted: at 11-09-2012 07:27 PM (12 years ago) | Upcoming
Airforce12 at 11-09-2012 09:08 PM (12 years ago) (m)
But honestly whats the difference between 50 naira note nd 5000 naira note.....all i need to do is just add 2 zeroes with black biro to the 50 note i have nd am good to go
Posted: at 11-09-2012 09:08 PM (12 years ago) | Newbie
FinlandGuy at 12-09-2012 02:21 AM (12 years ago) (m)
since the day wey this forum turned to gistwomania every news here na so so fake,especially from Radio without wire and nahimtalklie.How can a radio function normally without wire
Posted: at 12-09-2012 02:21 AM (12 years ago) | Gistmaniac
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