This na the most trying time of every citizens wey d for this country both the rich and poor. I believe sae we go overcome am with time. It can be difficult now, but surely we go overcome am
All this new and old naira palava of a thing is pointed in so many directions.
1. To introduce and encourage the use of e-commerce in the daily activities of every Nigerian citizen.
2. Destabilize election buying
3. To force that hoarding money in their houses to bring it out.
4. Our naira to get her value back.
5. To curtail the spread of naira notes and control their circulation.
Topic: Tears as Naira drop. (Read 124 times)
It is still the same even after the date has been shifted,getting easy access to cash is now a problem to the citizens. There is a certain amount you can collect for on POS,down here 3000 is the highest and the last time,which was on Friday my friend went to the bank hopefully to withdraw bit couldn't because of no cash issues. Imagine say bank run out of cash,then wetin make dem be bank. I hope things will go back to the way it is after election. All these are strategy which one party wants to use to oppress their rival. Can these traders adapt to cashless policy ? In the sense that now the shops and stores,most of them don't accept transfer.
Student are been stranded in institution due to pending releasement of new Naira due to the fact that most trader don't deal with E-commerce they rather take in cash than accept transfer. Worse of it is that is only the masses this policy is been affected and not those in political power. So our leaders should be reasonable in some cases
You will notice that more payments and transactions is now done using transfers and CBDC.
Also I think the oncoming elections has affected Naira in so many ways. It will get better after this period.
These new note Mata have turn to problem for any part of the country people are suffering.
How can the banks collect the old note and refuse to print the new note for the citizens isn't good imagine the central bank stated that people deposited more than 2 trillions and they went and print only 3 hundred billions which can even reach to half of the people in the country.
People are suffering from buying and selling wth their own money, these Mata have to be resolve seriously
How can the banks collect the old note and refuse to print the new note for the citizens isn't good imagine the central bank stated that people deposited more than 2 trillions and they went and print only 3 hundred billions which can even reach to half of the people in the country.
People are suffering from buying and selling wth their own money, these Mata have to be resolve seriously
Sincerely everyone is affected buy the new monetary policy. Every sector of the economy is affected. Both the old and the Young the small and the great the rich and the poor are all affected. The thing right now is that I cannot lay the blame on small and medium-scale businesses such as the food vendor, the hairstylist, those who show groceries for daily needs for not accepting transfer. They have to pay extra charges when the need to withdraw the money to restock their store. They might end up running at a loss. That's how difficult it is.
One thing I understand about this new naira is that the governments are trying to make naira has little value.
Because is isn't fair for most youth spraying money anyhow it hurts the politician's mostly our president (buhari).
After the 2023 election everything will be well arranged, naira will now have little value and you can't even get it sometimes in Fiat bank's.
Because is isn't fair for most youth spraying money anyhow it hurts the politician's mostly our president (buhari).
After the 2023 election everything will be well arranged, naira will now have little value and you can't even get it sometimes in Fiat bank's.
As a things of currency indeed our great leaders are trying but must are still expected from them.
Oga which of the leader in Nigeria is trying? Tell me one then I will clap for you. Don't be a praise singer oo. Buhari promised 10m jobs till date I have not seen any job Buhari had created. If you know tell me because some time I use to forget some good things our leaders have done because I am not with them always.
I use to say it and I will say it again this our leaders Care for themselves and their families alone, they don't care about us the citizens, if not tell me, what's the major reason for the change of currency, or is the change of currency the problem of Nigeria?
We don't need to say out our problems they know our problems yet they don't want to gives us solutions..
They just change currency and asking for the stoppage of the old ones and this new ones are not even available, as I speak to you now I have seen the new 200 and 500naira notes with my two eyes, this new notes are scares for us to see,
Go to the bank and see queue, you will weep for Nigerians, we suffer too much, outside this normal shops, boutique and supermarket that uses POS for payments, buying things for ourselves Is now a major people, we need cash and it's not everybody(shop) that has POS and will accepts transfer, even if you try to do transfers to traders that will even accept transfer, banks network will stand to be a barrier to your transactions, omoh I don tire for naija
We don't need to say out our problems they know our problems yet they don't want to gives us solutions..
They just change currency and asking for the stoppage of the old ones and this new ones are not even available, as I speak to you now I have seen the new 200 and 500naira notes with my two eyes, this new notes are scares for us to see,
Go to the bank and see queue, you will weep for Nigerians, we suffer too much, outside this normal shops, boutique and supermarket that uses POS for payments, buying things for ourselves Is now a major people, we need cash and it's not everybody(shop) that has POS and will accepts transfer, even if you try to do transfers to traders that will even accept transfer, banks network will stand to be a barrier to your transactions, omoh I don tire for naija
This issue is really critical, everyone is just complaining about the same thing. There is no enough money in circulation and the worst part of the issue is that in some areas shops do not accept mobile transfer so how do they expect us to feed you even have money but you can’t spend it. People are really going through alot this period.
I don’t even see the need of changing the notes in the first place
I don’t even see the need of changing the notes in the first place
This matter of new naira note has become a popular issue to many people's, especially in time of food and any other things that are useful to human, when you try to buy something in shop they refuse to collect and if you go to banks for the change before you have a chance you will surfer and the worst part of it is that ATM will not give you the exactly amount you want to withdraw, this issue is getting worst to many citizens but my prayer is may God protect us and provide all our needs if not our government are not ready to do hear our cry.
As a things of currency indeed our great leaders are trying but must are still expected from them.
In case of this new Naira the government has made individual to oppose the rejection of old Naira without the disbursement of the new Naira to banks which has made things unbearable to citizen's
Some citizens find it difficult to travel those in others area find it difficult to return and most importantly in aspects of commercial activity citizens can no longer buy food items and store including market are been locked as a result of no disbursement of new Naira which is resulting to starvation in some areas.
Student are been stranded in institution due to pending releasement of new Naira due to the fact that most trader don't deal with E-commerce they rather take in cash than accept transfer. Worse of it is that is only the masses this policy is been affected and not those in political power. So our leaders should be reasonable in some cases
In case of this new Naira the government has made individual to oppose the rejection of old Naira without the disbursement of the new Naira to banks which has made things unbearable to citizen's
Some citizens find it difficult to travel those in others area find it difficult to return and most importantly in aspects of commercial activity citizens can no longer buy food items and store including market are been locked as a result of no disbursement of new Naira which is resulting to starvation in some areas.
Student are been stranded in institution due to pending releasement of new Naira due to the fact that most trader don't deal with E-commerce they rather take in cash than accept transfer. Worse of it is that is only the masses this policy is been affected and not those in political power. So our leaders should be reasonable in some cases
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