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Central Bank of Nigeria to redesign Naira notes & introduce a N5,000 note
x | August 24, 2012
The Central Bank of Nigeria (CBN) will introduce a N5,000 note and N5, N10 and N20 coins next year as part of a comprehensive review of Nigeria's currency... (3) Comment


 
   

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"The views and opinions expressed in these comment(s) or article(s) do not necessarily reflect the views or opinions of NGEX, its partners or its affiliates."
Pastor Commander Samyoung Onwuzulike    Washington, DC, USA.    August 28, 2012
I laugh at Nigeria's gods who think yesterday is today. Sanusi we have arrested you and your Kora friends who want to enslaved Nigeria economy. Your plan has failed, whereby your Kora friends will go outside to print 5000 notes to give them edge over Nigerians added to what they have already done to Nigeria economy. The greatest problem of man is to know what he is, Nigeria have many Messiahs but they do not know their calling this was my problem for long. Watch out Nigerians from now how we shall send these Nigerian gods to prison of death, to free Nigerians enslaved by these Men who were made gods over Nigerians by law.(John 10:34,35. Pslam 82:6)
Uduak    Uyo, Nigeria    August 24, 2012
I apreciiate d currency it wil b easy to carry
OMOTAYO, J. A.    Lagos, NIGERIA    August 24, 2012
Foul! God forbid that the proposed redonimination takes place in Nigeria. Otherwise, Nigerians are doomed! Mr. Sanusi Lamido Sanusi has run out of ideas. It is very insulting that he would take Nigerians for granted by mentioning Germany, Japan and European Community.

Must we not ask him the comparism between the GDP of Germany, Japan and European Commnunity on the one hand and Nigeria on the other hand? What do we produce in Nigeria and what is the total value? Must we not ask him what Nigerians benefited from the introduction of N100, N200, N500 and N1000 denominations between year 2000 and today? Must we ask him hom many industries ahve collapsed?

Must we not ask him how corruption has been accentuated by the higher denominations? Must we not ask him how increase in money supply between 2000 and today has made prices of items jump by 300% to 2000% percent using 1999 as base year? A mediocrity like Mr. Sanusi should never have been elevated to manage such a sensitive organisation. I shall revisit this issue more comprehensively in a subsequent article.
God save Nigeria.
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