BREAKING NEWS: GEJ has reversed the plans of the CBN to introduce =N=5000 note

Date: 19-09-2012 9:42 pm (11 years ago) | Author: franel
- at 19-09-2012 09:42 PM (11 years ago)
(m)
«§» 19 September 2012

President Goodluck Jonathan has agreed to reverse his administration’s plan to introduce the 5000 naira note.

The announcement came after a meeting with the National Assembly.

The currency restructuring, announced by the Central Bank of Nigeria, would have seen the unveiling of the N5000 as the highest naira denomination while lower currencies were to be converted to coins.

Weeks of public outrage criticizing the policy culminated in the Senate and the House of Representatives, approving separate resolutions on Tuesday, demanding that the plan be suspended.

Mr. Jonathan met with the leadership of the two arms hours after the National Assembly sessions on Tuesday and assured that any “approval given in the regards can be reversed since it is the wish of the people,” lawmakers informed about the decision said Wednesday noon.

It remains unclear whether the president has issued a directive to that effect.

Posted: at 19-09-2012 09:42 PM (11 years ago) | Hero
- Kesterme at 19-09-2012 10:13 PM (11 years ago)
(m)
That is how it should be,the wish of the masses should be considered and respected at all times.Thank you my president
Posted: at 19-09-2012 10:13 PM (11 years ago) | Newbie
Reply
- henryemekaob at 19-09-2012 10:17 PM (11 years ago)
(m)
u better do that immediately
Posted: at 19-09-2012 10:17 PM (11 years ago) | Upcoming
Reply
- winace at 19-09-2012 10:18 PM (11 years ago)
(f)
My president liver fail am.
Posted: at 19-09-2012 10:18 PM (11 years ago) | Addicted Hero
Reply
- ajanni at 19-09-2012 10:35 PM (11 years ago)
(m)
bobsense
Posted: at 19-09-2012 10:35 PM (11 years ago) | Grande Master
Reply
- ifygee at 19-09-2012 11:09 PM (11 years ago)
(m)
DR GEJ now In full and reaSonAble actIon,ThankS Man...
Posted: at 19-09-2012 11:09 PM (11 years ago) | Newbie
Reply
- zeigbo at 20-09-2012 12:19 AM (11 years ago)
(m)
God bless u my president
Posted: at 20-09-2012 12:19 AM (11 years ago) | Addicted Hero
Reply
- dlimelite at 20-09-2012 01:25 AM (11 years ago)
(f)
Ok. Good
Posted: at 20-09-2012 01:25 AM (11 years ago) | Hero
Reply
- ajanni at 20-09-2012 09:11 AM (11 years ago)
(m)
nonsense
Posted: at 20-09-2012 09:11 AM (11 years ago) | Grande Master
Reply
- Treasure2 at 20-09-2012 09:12 AM (11 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 20-09-2012 09:12 AM (11 years ago) | Hero
Reply
- ajanni at 20-09-2012 09:38 AM (11 years ago)
(m)
,
Posted: at 20-09-2012 09:38 AM (11 years ago) | Grande Master
Reply
- simele at 20-09-2012 10:43 AM (11 years ago)
(m)
i hope it happen so Shocked Shocked Shocked
Posted: at 20-09-2012 10:43 AM (11 years ago) | Gistmaniac
Reply
- ajanni at 20-09-2012 01:57 PM (11 years ago)
(m)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 20-09-2012 01:57 PM (11 years ago) | Grande Master
Reply
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