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Naira Redesign: Nigerians Will Fill Uncountable Forms To Withdraw Large Amounts (25398 Views)
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Islie: 9:31pm On Nov 23, 2022 |
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank will henceforth take cashless policy seriously, noting that people…
https://dailytrust.com/naira-redesign-nigerians-will-fill-uncountable-forms-to-withdraw-large-amounts-emefiele/ 43 Likes 5 Shares |
PrinceOfLagos: 9:32pm On Nov 23, 2022 |
I saw the 500 and 200 naira notes with a friend today and it reminded me when I was 6 yrs old I'm 29yrs old today , congratulations to me. 125 Likes 11 Shares |
lhordspy: 9:35pm On Nov 23, 2022 |
I thought Emefiele said this re-deg of the Niara notes is targetted at curtailing money-hoarding, bribery and corruption. The first mistake is using a light-coloured design. The petty traders on the street and market will be targetted by counterfeiters. It will be more difficult to detect a counterfeit notes now. Since both the counterfeit and originals are both light in colour. And With this new process they are introducing that involves lot of forms-filling. It is very clear they are only looking for ways to punish the common man. Emefiele is clueless. No big man or politician will line-up in banks to fill forms for cash even prior to this. Just a simple call to the manager will do the magic. They will always find a way around this too. Just like how they managed in evading the former rules put in place. The common man is the loser here. Modified: I mean an Average citizen, not really common man per se. 131 Likes 18 Shares |
lhordspy: 9:35pm On Nov 23, 2022 |
PrinceOfLagos: Sorry to ask. How old are you again? You cant be 29years old. You act and type like a primary 6 kid. Always. 72 Likes 10 Shares |
PrinceOfLagos: 9:35pm On Nov 23, 2022 |
lhordspy:Says a drug baron er 119 Likes 7 Shares |
PrinceOfLagos: 9:37pm On Nov 23, 2022 |
The new currency will be so counterfeited
10 Likes 2 Shares |
SNEFF: 9:41pm On Nov 23, 2022 |
May we not experience something more tougher after this regime, it could come from anyone
11 Likes 3 Shares |
FreeStuffsNG: 9:43pm On Nov 23, 2022 |
If you need to withdraw large volume of cash, you will fill uncountable forms. We will take your data, whether it is your BVN, your NIN so that enforcement agencies like EFCC or IC can follow you and be sure that you are taking that money for good purpose.” Emefiele warned Nigerians against holding of the old notes, saying there was no going back on the January 31st 2023 deadline to completely render the old notes useless. 5 Likes 1 Share |
LeoDeKing: 9:46pm On Nov 23, 2022 |
PrinceOfLagos:There are so many counterfeits. There is currency counterfeit. There is also counterfeit promise like the one below. 42 Likes 4 Shares |
PrinceOfLagos: 9:48pm On Nov 23, 2022 |
LeoDeKing:E pain dis one 27 Likes 3 Shares |
owiko(m): 5:11am On Nov 24, 2022 |
Is it for Agbado and cassava, or for blulula balublu?
4 Likes 1 Share |
BluntCrazeMan: 5:12am On Nov 24, 2022 |
Ok Naa
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Gandah(m): 5:12am On Nov 24, 2022 |
Wahala
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Authoreety: 5:12am On Nov 24, 2022 |
Emefiele has failed Nigerians
4 Likes 1 Share |
BluntCrazeMan: 5:12am On Nov 24, 2022 |
THAT MEANS, THEY WILL STOP CHARGING US FOR MAKING WIRELESS TRANSFERS?? They made cashless policy useless when they started deducting money whenever we make transfers. It became a beautiful nonsense to us. It's no more attractive again. 13 Likes 2 Shares |
ukehnonny: 5:13am On Nov 24, 2022 |
Everyday they bring out new rules to make the common man suffer, Cluelessness at its peak.
4 Likes 2 Shares |
inoki247: 5:13am On Nov 24, 2022 |
lol untop my money abi dem dey du diz people ni ![]() ![]() ![]() 1 Like 1 Share |
meobizy(f): 5:15am On Nov 24, 2022 |
By the next three years, the currency will be ubiquitous. Set the ball rolling for a cashless society, abeg. The world is leaving us behind.
2 Likes 2 Shares |
dochenaj: 5:16am On Nov 24, 2022 |
A cashless economy will save the CBN money used in printing new cash notes. A cashless economy is the way to go, but there are limitations to it, and top on that list is literacy. But we will get there. 10 Likes 2 Shares |
GENES11S: 5:16am On Nov 24, 2022 |
After several years in office!, Good morning sir, how was the slumber? 4 Likes 1 Share |
TOPCRUISE(m): 5:16am On Nov 24, 2022 |
That means they couldn't track old naira notes that are stashed by kidnappers in hundreds of millions. Our currency is indeed on autopilot. I hope this new notes eliminate such weakness. 2 Likes 2 Shares |
BluntCrazeMan: 5:17am On Nov 24, 2022 |
I would like to be buying everything with wireless transfers,, including biscuits of N20. But transfer charges wouldn't let me. So, I have to be hoarding some physical cash., So I can use them to do some quick little little expenses here-and-there. As for NIN and/or BVN, have they not been doing that before?? Before you get paid money from the bank using cheque, they will photocopy your ID-CARD. Ok Naa. This time around, we provide our NIN/BVN? Then you better collect our phone numbers and check on both BVN/NIN portal. If the information is not there (ie, either or both NIN and BVN portals are not tied to the number, or that they have differing identities) then you may decide to step up to second-level identification. 5 Likes 3 Shares |
Globad(f): 5:18am On Nov 24, 2022 |
lhordspy: A common man doesn't withdraw large sums of cash from the bank. The filling of forms won't affect a common man. 20 Likes 1 Share |
Ezennia101(m): 5:19am On Nov 24, 2022 |
![]() ![]() 3 Likes 1 Share |
dochenaj: 5:20am On Nov 24, 2022 |
BluntCrazeMan:Well you never get to hoard up to 500,000 do you? And I bet the limit CBN will place will be higher than that. 2 Likes |
Globad(f): 5:20am On Nov 24, 2022 |
BluntCrazeMan: I don't see how this new policy will affect someone like you who wants to buy such N20 items in cash. |
itsene: 5:20am On Nov 24, 2022 |
lhordspy:For once, just believe! 6 Likes 1 Share |
GOFRONT(m): 5:21am On Nov 24, 2022 |
Its like this policy is targeted at our gentlemen on the highway. Kidnappers!!!
10 Likes 1 Share |
dochenaj: 5:21am On Nov 24, 2022 |
Globad:How many "common man" have up to 10 million naira in their bank in this Nigeria. I guess they don't understand the definition of common man. 5 Likes |
Globad(f): 5:21am On Nov 24, 2022 |
ukehnonny: How exactly does this make the common man suffer? How many common men have N1m or more in cash? 2 Likes |
JoeNL22(m): 5:21am On Nov 24, 2022 |
President Obi......abeg! Come and teach this guy economics |
Globad(f): 5:22am On Nov 24, 2022 |
LeoDeKing: Don't mind the shameless guy 1 Like |
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