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CBN Had My Approval In Replacing Naira Notes - Buhari - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / CBN Had My Approval In Replacing Naira Notes - Buhari (22671 Views)

“CBN Has Destroyed All The Old N1000 And N500 Notes” – Buhari Tells El-rufai / Old Naira Notes: Buhari Should Invoke An Executive Order / IGP Adamu: State Commissioners Don’t Need My Approval To Make Decisions (2) (3) (4)

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Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Yankee101: 8:04pm On Oct 30, 2022
Finance minister and other thieves, una don hear
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Penguin2: 8:07pm On Oct 30, 2022
nedu666:


Which blokos. The currency comes out on 15 dec. So they hve ample time to either pay in the money into the bank, use it to buy govt treasury bills and bonds, buy stocks, buy dollars, buy properties. Only a mumu can be caught unaware by buhari

Don’t be shortsighted.

So you don’t know that they’ve laid traps for anybody that deposits large sum of money in the bank?

You think it’s easy for somebody with 10billion naira buried in his septic tank to just carry it to the bank without the bank tipping EFCC off?

As of today, any cash deposit above 5million by an individual and 10million by corporate organization is usually reported to the EFCC.

That’s why corrupt people and terrorists who have been collecting ransom in cash are crying.

Think bro, think.

3 Likes

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by omonnakoda: 8:08pm On Oct 30, 2022
Is his approval required by law?
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by omonnakoda: 8:13pm On Oct 30, 2022
Penguin2:


Don’t be shortsighted.

So you don’t know that they’ve laid traps for anybody that deposits large sum of money in the bank?

You think it’s easy for somebody with 10billion naira buried in his septic tank to just carry it to the bank without the bank tipping EFCC off?

As of today, any cash deposit above 5million by an individual and 10million by corporate organization is usually reported to the EFCC.

That’s why corrupt people and terrorists who have been collecting ransom in cash are crying.

Think bro, think.
For this Nigeria? Buhari did this in 1984 . During the change , an Emir father of his ADC, Jokolo entered the country with 53 Suitcases via MMA aiport. Atiku was the customs lead there. The suitcases were not searched

It is the same people that sell dollars in this country. The kidnappers do not need banks.
If you believe this nonsense will work in a country as corrupt as Nigeria you have a lot to learn.

This will just open another industry for bankers and CBN staff to cash out

We are talking about a country where the FG organized an interview exam in a stadium and where snakes swallow money
Please do not make me laugh

2 Likes 1 Share

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by kanicorp9(m): 8:13pm On Oct 30, 2022
Lol He be things
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by tonyshine01: 8:13pm On Oct 30, 2022
GODWIN EMEFIELE the CBN Governor should make sure to remove ARABIC from all new Notes that shall be issued as from 15th of December 2022.

2 Likes

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Nobody: 8:14pm On Oct 30, 2022
Moh247:
cool



Buhari just grabbed some people's blockus unaware

Shiek Gumi the Bandit spokesperson has been wailing ever since

Buhari is truly a sadist... He has been attending Federal Executive Council meeting every week and never for once did he mention it to anyone not even his own finance Minister

CBN Governor has been attending Monetary policy Committee meeting with Ministry if finance and other stake holders and nothing was said


.

You mean them grab your blokus. grin grin grin grin

1 Like

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by GamalNasser: 8:14pm On Oct 30, 2022
You are a retard
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 8:15pm On Oct 30, 2022
Reinaldo:


You mean them grab your blokus. grin grin grin grin

No Peter Obi and Atiku to be specific
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Raregems247: 8:15pm On Oct 30, 2022
wonderful
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by oluwasegun007(m): 8:15pm On Oct 30, 2022
CBN GOVERNOR 1 VS 0 FINANCE MINISTER.

Won't be surprised if another presidency deny this before tomorrow morning.
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by INTEGRITYA1(m): 8:15pm On Oct 30, 2022
Okay
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by grandstar(m): 8:15pm On Oct 30, 2022
It was your idea or your wish ever since you assumed office.

The Naira's fall is giving me nightmares not to add to the dollar scarcity. Even those in the black market are groaning. I'm really fed up. You might buy the dollars and your card may not even work.

This is an amateurish way to fight corruption. This is using a sledgehammer to kill a fly, worse is, you'll even miss the fly.

Imagine if this policy was carried out when he assumed office in May 2015? That wouldn't have stopped the bullion vans entering Bourdillon. This has probably been the most wasteful and most corrupt government since 1999.

2 Likes

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by OJdlaw12: 8:17pm On Oct 30, 2022
Liar,stop deceiving Nigerians
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by GamalNasser: 8:17pm On Oct 30, 2022
Moh247:
cool



Buhari just grabbed some people's blockus unaware

Shiek Gumi the Bandit spokesperson has been wailing ever since

Buhari is truly a sadist... He has been attending Federal Executive Council meeting every week and never for once did he mention it to anyone not even his own finance Minister

CBN Governor has been attending Monetary policy Committee meeting with Ministry if finance and other stake holders and nothing was said


.

Well dollar will get to 1200 and I hope you can enjoy it
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Realguyman1(m): 8:18pm On Oct 30, 2022
Na una sabi
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by ModCaller: 8:18pm On Oct 30, 2022
Moh247:


Well 3 months if the money is clean is enough... A money link with crime without legit source is very hard to launder in 3 months

Not in Nigeria.

Just buy dollars at ridiculously high rate and forget about the rest. Instead of 780, you offer them 850, and they will sell you all the dollars in Nigeria

Then you can go and bury the dollars where you buried the Naira.
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 8:18pm On Oct 30, 2022
GamalNasser:


Well dollar will get to 1200 and I hope you can enjoy it

I enjoyed it at 730 just yesterday on apex network.. 1200 would be awesome
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by sematec(m): 8:18pm On Oct 30, 2022
Make NBuhari ad my picture too nu
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Michelle70(m): 8:19pm On Oct 30, 2022
nedu666:


Which blokos. The currency comes out on 15 dec. So they hve ample time to either pay in the money into the bank, use it to buy govt treasury bills and bonds, buy stocks, buy dollars, buy properties. Only a mumu can be caught unaware by buhari
u dont get it.

If someone wants to use N500m of the old currency to buy smtin from u, will u accept it? knowing that the money could be useless the next week.

Also if u pay in such large sum of money into ur account, EFCC will question u

1 Like

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by TheOgaBoss: 8:20pm On Oct 30, 2022
This present administration is so uncoordinated, how can the cbn have your approval but the finance mini was not in the know?
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Nobody: 8:20pm On Oct 30, 2022
Moh247:
cool



Buhari just grabbed some people's blockus unaware

Shiek Gumi the Bandit spokesperson has been wailing ever since

Buhari is truly a sadist... He has been attending Federal Executive Council meeting every week and never for once did he mention it to anyone not even his own finance Minister

CBN Governor has been attending Monetary policy Committee meeting with Ministry if finance and other stake holders and nothing was said


.


Some people won't like this news especially those that stored huge naira inside soakaway tanks and some kept in a mansion with no one living there, the moment they rush to deposit this money, d NFIU would be alerted, d only way to move this money is to buy assets with it

1 Like

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by OgaDeyVex: 8:20pm On Oct 30, 2022
No Be Small Thing ooooo
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Realguyman1(m): 8:21pm On Oct 30, 2022
Moh247:
cool



Buhari just grabbed some people's blockus unaware

Shiek Gumi the Bandit spokesperson has been wailing ever since

Buhari is truly a sadist... He has been attending Federal Executive Council meeting every week and never for once did he mention it to anyone not even his own finance Minister

CBN Governor has been attending Monetary policy Committee meeting with Ministry if finance and other stake holders and nothing was said


.
And wetin come make u feel say those that hide the naira note somewhere wouldn't dispose it before the deadline?

Oga nothing change. Even the Gumi u are talking about have nothing to lose because people into money laundering this days don't keep money in naira anymore. Even if he stuck the naira note somewhere. The highest he will do is to load the money on truck and take it to Niger republic to convert it. After all they control the Nigeria arm forces.
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by TheOgaBoss: 8:22pm On Oct 30, 2022
Moh247:


Well 3 months if the money is clean is enough... A money link with crime without legit source is very hard to launder in 3 months
oga people who are into big time money laundering don't store money in naira, what is naira? They store in dollars.
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Michelle70(m): 8:23pm On Oct 30, 2022
Racoon:
Yet Mr President does not deemed it fit to even inform his finance minster and NASS of such a sensitive national decision? What kind of government is this for goodness sake?
Buhari is against politicians stealing money.

Making people know about it will just give them so much time to prepare
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Moh247: 8:23pm On Oct 30, 2022
Realguyman1:
And wetin come make u feel say those that hide the naira note somewhere wouldn't dispose it before the deadline?

Good.. atleast that go boost the economy
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by sisisioge: 8:25pm On Oct 30, 2022
Werey guy! It is actually a political thing. He wants to make sure political opponents will have lesser money available to buy votes. He has no care for the impact on the economy or people of the nation. May God punish all these werey politicians ruining this country.

2 Likes

Re: CBN Had My Approval In Replacing Naira Notes - Buhari by tuzle(m): 8:25pm On Oct 30, 2022
I want to ask a question, shouldn't the new note first be in circulation before a dead line is giving? December 31st is just 2month from now and It will be very stressful changing the old notes to new ones if the money isn't already in circulation before now.
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by Robinmido(m): 8:26pm On Oct 30, 2022
Mad man grin grin
gaby:
I thought you'd be shocked as usual...
Re: CBN Had My Approval In Replacing Naira Notes - Buhari by greatseed: 8:27pm On Oct 30, 2022
nedu666:


Which blokos. The currency comes out on 15 dec. So they hve ample time to either pay in the money into the bank, use it to buy govt treasury bills and bonds, buy stocks, buy dollars, buy properties. Only a mumu can be caught unaware by buhari
If you are logical in your thinking!

Who on earth will exchange a currency about to be changed to dollars knowing its a set up for whoever deposits large quantity. Be sure that anyone depositing above a 500k in cash will be checked and filed. Moreover if u try to use multitudes to help deposit into their accts in bits. It won't work cos some will abscond, while some will charge exhuberantly to do so.

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