Nigerian Finance Minister Distances Self, Ministry From Naira Redesign Policy, Warns Central Bank Of ConsequencesThis comes two days after the CBN Governor, Godwin Emefiele, announced plans to redesign the naira, particularly the N200, N500 and N1,000 notes
This comes two days after the CBN Governor, Godwin Emefiele, announced plans to redesign the naira, particularly the N200, N500 and N1,000 notes beginning from December 15, this year. It was observed that two days after the announcement of the policy, the value of the naira to a US dollar rose from N740 to N788 due to a rush in exchange of stacked naira notes for foreign currencies, particularly dollars.
What does a Fulani opportunist ZainabAhmed - with no background in Economics - understand about cause effect through currency change? Nothing! Except that she is part of a wider agenda to protect 'vested interests'. We are watching!
Every government policy in Nigeria has consequences. Even singing the national in some part of nigeria now has consequences. Just do what is right and what you have the right to do.
If a member of CBN'S board wasn't aware of the policy , then something is fishing.
Covid cashouts
Why wont she distance herself before. E go follow affect her na
Because you are afraid of losing your own looted funds abi
I didn't know we had a minister of finance 😳
Just bring the stolen notes to the bank Hajiya.
Every policy is not perfect but always has its own challenges and consequences but for this, it is a welcome decision and development for those who loves this country Nigeria.
Please help yourself vote for Peter Obi, Even the deaf doesn't need to be informed when war start, they can already sensed it. PDP & APC doesn't know their time is over. Vote for Peter Obi to leads this war to correct Nigeria dilapidated systems. Vote a wise competent person
😂😂😂
This is an animal country.
Resignation is the option, but all of them are comfortable with their salaries and allowances.
Which consequences?
Normal normal, wetin Dem wan redesign naira note for 🤷🤷,, money wey no get Head sef
When I tell people that the APC is leading a government of disaster
Am of the view,that she should hv been informed that the currency is about to change.
What has your ministry done right since you became Minister? A collaboration with you would have stalled the process. CBN got this one right. Pls leave them alone and put your chaotic ministry together
Current Dey die, una Dey change am cloth 😂😂😂😂😂
APC want to use her to make cash available for election. If you don't want, stay aside. We want it!
Geengeen 😂😂😂😂
Is de useless national assembly also aware of dis action by de Central Bank 2 design nd print more currencies in addition 2 de existing ones, 2000 nd 5000. Nigs economy will just collapse like in Zimbabwe
This is exactly how they mis-govern our lives. No synergy! Always, experimenting with us and causing us hardships. Border closure, E-Naira, NIN registration, verifications etc. They are all children's experiment conducted by misguided adults.
THE DSS SHOULD ARREST THE FINANCE MINISTER NOW FOR CHALLENGING THE ORDER OF MR.PRESIDENT IN CURBING CORRUPTION
So much cash paid as ransom is in the hands of terrorists, herdsmen and unknown gunmen, and can't be brought into the CBN vault: traceability. Part warning by the Minister? Ransom payments could be dollarized overnight.
The redesign of the new note will put money in circulation. The looted ones will be brought out before its expiry date and it will curb buying of votes come 2023. They know why they are countering it
Why was finance ministry and relevant stakeholders not carried along by the CBN committee?
For the simple reason that this woman is against the naira redesign policy! I support the policy. Please redesign the naira. All the monies stacked away, buried in their homes and soakaway, let them take them to banks. This woman only support bad policy of sharing money!
She should go and sit down, they have called her to kick against good thing… didn’t she know that Nigerian currency is supposed to be redesigned every 8 years
We have money to redesigned our currency while our economy are in shambles Nigeria think with ur sense
In my honest opinion, the CBN could invalidate N1000 and N500 notes in circulation with a 60-90days deadline for lodgment into the banks. After this, enforce the cashless policy so that citizens are forced to open bank accounts. This will help population database and save cost.
All of them don stock pile our money at home in cash
Amazing.......
This woman feel she is actually a finance minister 😂 😂 madam Abeg rest, you just sitting there so that it won’t feel like an empty office. Dollar had been going up without end you silent! Borrowing without end u silent! Inflation u silent! What is your jo b?
Let the puppet speak for the northern politicians that this cenbank policy will affect negatively!
A confused lot
Again, our Finance Minister is not proactive to statistics radar because should have known that all these Primary elections of the big parties has emptied a lot of money into circulation and should have been moped up before now
Just imagine Nigeria
There is no consequences towards this because they should have done that pretty long time ago but because of the lapses in the system in decision -making process that is why it coming now.
Divisions in policy leads to inconsistency economics management.
Grabs popcorn. Going to be interesting watching people who castigated the redesign policy just 24-48 hours ago switch up and praise it cos minister said they aren't aware.
Those who bury money in cemeteries have been calling her to rock the boat😁😁
OPINION IS DRASTICALLY
You think you're Wise, you want to be cashing out alone by borrowing. He too want to cash out 🤣😭😭. Nigeria under Presido Buhari is a big JOKE 🤣
This woman is q great thier!!
Madam pls give CBN 1000,000km distance. The money you and your husband have stolen from this administration never do una?
Conflict of interest, they are skeptical that their stolen money is not safe.... rubbish people
I would not be surprised this is the reason APC government gave CBN second term in office in other to achieve their dirty plans end of the their tenure.
AutoPilot Federal Republic Of Nigeria
This can only happen in a country with a sleeping president.
This woman is into something… she might be with undeclared funds🤣🤣🤣
Una no get work, It this going to stop our Naira from getting devalued?
it's very deficuty to see someone own up to his/her responsibility in this regime..i swear nobody to be hold accountable for any wrong doings.
You're just an unqualified minister in control of Nigeria important institution. Central Bank is not part of your portfolio. Mind your business.
Corruption is fighting back. No more vote buying or school feeding cash. Buhari & Mefi una cook this one well. CurrencyChange BVAS ElectoralAct2022
GodwinIEmefiele , officialEFCC cenbank, it's unnecessary waste of scarce financial resource and a way to perpetuate corruption in Nigeria if CBN discards trillions of naira worth of currencies already in circulation to print new ones. Nigeria's CBN also flouts currency laws.
Madam, park well. It’s means dem no send you.
Corruptmummygmail.com
Who is the President of Nigeria ?
I wounder why the CBN governor felt that the policy will be possible in corrupt country like ours. Where did you want them to take their money
Please, 5,000 note is not acceptable, I don't think any country in this World has 1,000 in their currency and you want to bring 5,000 that's more inflation. O di egwu for this joke of a place
I support CBN on this move.
What do you expect, most of them have vault in their mansion , so they must do all to stop it, but train do move , bring out the money and let's spend
Wahala no dei finish Oooh
This aboki finance minister. No be to count cow
This woman no sabi shishi...
Minister of corruption fighting back.
Lol imagine a whole finance minister, cbn carry her trabaye.... This is hilarious nd disheartening. Nah country be this?
You and you brother Bubu should release your loots don't complain madam
What a Government!!!! Can someone tell Bubu that “Things have finally fallen Apart” in his Government
Diezani part 2?
Interesting, am beginning to like dis country, d ones they ve being hiding will become useless.
So President approved redesigning the Naira, CBN Governor announced it and two days later, the Minister of finance said she was not aware of the policy but only heard of it from the Media. Please Elon Musk Abeg buy Nigeria 🙏
Corruption is fighting back!
There are no consequences. I know that the cabal was not consulted before this was floated. It is a plus for CBN.
Wahala
Ulessicals
It's all about making the last deal before the expiry of Buhari's tenure.
Confusion everywhere. Lol
Madam release the old currency where ever you are keeping it jor 🙄🙄
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