The CBN on Wednesday announced that it would start circulating newly redesigned N100, N200, N500 and N1000 naira notes from December 15.CBN governor, Godwin Emefiele, said the move was to counter terrorism financing, hoarding of banknotes by members of the public, with statistics showing that over 85 per cent of monies in circulation were outside the vaults of commercial banks.
So there is no synergy between the CBN and MoF?
A government without synergy is taking us to no good destination.
Did you informed us about Covid 19 funds
Akwai de wata a ƙasa.
Zainab is being clever by half...It would seem that the policy has roped her and some of her ilk..Nowhere to hide stolen money..they will be forced to spend it when they can't see dollars to buy.The policy has pros and cons - like 2 sides of a coin.i'd say let's take our chances
Personal reservations!
If the Finance Minister or Ministry has no stash of N illegally hoarded in any place then she needs to fear nothing.Currency matters are within the purview of the CBN and not the MoF.
They (the government) did what we need less and not that we need most
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BREAKING: Finance Minister opposes CBN’s new Naira notes, gives reasonZainab Ahmed, the Minister of Finance, Budget and National Planning, on Friday, rejected a plan by the Central Bank of Nigeria (CBN) to redesign Nigeria’s currency notes, the Naira. PoliticsNGR Too hasty a decision. PoliticsNGR Unbelievable!!! Buhari's govt is the most dysfunctional govt under the sun. Finance Minister opposing such a huge move by CBN? Wasn't Mr President carried along? Didn't Mr President and Cabinet give approval? Shame on Buhari!!! Shame on this hopeless government. PoliticsNGR This is a national disgrace, does it mean that Buhari is not in the picture of the whole move to redesign currency. Shame on you guys
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »
Finance minister dissociates self from naira redesign policyThe Minister of Finance, Budget and National Planning , Zainab Ahmed, has dissociated herself from the Naira redesign policy fixed for December 15, 2022 by the Central Bank of Nigeria. Ok naaaa Things fall apart 🚶 🚶 🚶 Naira design policy the last opportunity for those ancestors.
Source: MobilePunch - 🏆 8. / 63 Read more »
Nigerian Finance Minister Distances Self, Ministry From Naira Redesign Policy, Warns Central Bank Of Consequences | Sahara ReportersNigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, has distanced herself and her ministry from the planned naira redesign policy being championed by the Central Bank of Nigeria (CBN). The finance minister on Friday told the Senate Committee on Finance that the CBN did not consult her ministry on the planned naira redesigning and therefore, she cannot comment on it as regards its merits or otherwise. Madam release the old currency where ever you are keeping it jor 🙄🙄 Confusion everywhere. Lol It's all about making the last deal before the expiry of Buhari's tenure.
Source: SaharaReporters - 🏆 9. / 63 Read more »