N5000 Note: Central Bank of Nigeria (CBN) Governor In Trouble
Sanusi Lamido Sanusi, Governor, the Central Bank of Nigeria is at the moment facing a lot of pressure from Nigerians over his new naira addition, N5000 bill.
From different quarters, Nigerians are expressing their feelings on the new bill and urge president Goodluck Jonathan to put his ‘dog in chain’ before things get worst. What’s the noise of the cashless society for then with this new development? This really need to be well checked.
Some Nigerians and bankers speak “If SLS want to encourage cashless policy what to do is scrap 1000 and 500 bill, making cash carrying easier. With 5000 notes, people can carry 50m or N100m in brief case with ease. Goodluck Ebele Jonathan should stop him the way Yar Adua stopped Soludo from removing those zeros”
“We, the people of Nigeria hereby agree that we are not in agreement with the introduction of N5000 denomination at this time. That more important and urgent are the following: A more secured Nigeria, working refineries and thus no need for subsidies, employment for our youth, right to medicare for all Nigerians, a Nigeria that can feed itself and export excess around the world, unfailing power supply and interestingly return of denominations – 5kobo, 10kobo, 50kobo that all have buying power!”
Dear Mr. President Jonathan, I know you have listening ears and also have so much respect for the rule of law under voice of the people, as a member of the Forth Estate of the Realm of one of the biggest Africa countries-Nigeria, I want to believe that the voice of the people should be more paramount than the selfish buffoons in power.
Mr President should stop this so called NGN 5,000 note before their destroy the whole economy of Nigeria. we do not need this right now.
If possible our highest currency should be NGN 200 note.. In the space of 10 years we have changed our currencies up to four times.
Please stay clear from this.
Thank you.
Before i will fully comment on this issue either positively or negatively i want some one else to tell me what is good and bad about the issue of N5,ooo Naira Note for Nigerians, i’m expecting your comment soon! Have a nice day Nigerians-my country people.
it is quite unbelivable that our leaders will leave our intentions which they wentt to represent and represent their mind and their family problems. what is the need for this N5000 note if what they told us about cashless transaction in this country is true. our leaders pls tell us the truth.
were is the leader of dis country taking us 2?
De neva sit dwn 2 thnk wat wil b of de poor mases.
5000naira note will devalue the currency totally and cause inflation as wel. i can remember in the oldies when 1 naira is equal to 1 dollar, then the highest currency was 20naira. until when babangida started to devalue the currency by introducin higher currency in a note. so pls mr jonathan, should be careful with sanusi lamido not to ruin ur government and hasten ur impeachment. buting higher currency in a note cant stop inflation but will rather cause infalation. but inflation can only be stop or reduced by wipin off higher currency. i which charles soludo suceeded nigerian would have been one of the best african country in the world. a word is enof for the wise