Good evening Fellow Naiarlanders.
I believe everyone of us has noticed the increase in torn and tattered #100 note that is spent in the country, and to my greatest surprise, people have not been rejecting this notes.
I don't know maybe it's only in Lagos or everywhere.

Please who can tell us the reason why because it seems to be prevalent this days.

Lalasticlala, What do you think??

Some pple believe all the clean notes have been stashed up by politicians, in preparation for next election.

Another theory is that the focus now is on printing 1,000 Naira notes because that is what politicians are using.

My theory is: The CBN is definitely failing on some of its duties

Owoado:
Some pple believe all the clean notes have been stashed up by politicians, in preparation for next election.

Another theory is that the focus now is on printing 1,000 Naira notes because that is what politicians are using.

My theory is: The CBN is definitely failing on some of its duties

If this is true, then it might cause inflation on the long run.
Funniest thing is that they are even scarce.
you hear people saying they don't have 100 change

Since this week I've handled only old and worn 100 naira notes, I didn't think it was suspicious till now.

This govt cares not.