The Central Bank of Nigeria in a press release by Governor Godwin Emefiele has declared the intention of the CBN to redesign the 200, 500, and 1000 naira notes.
See video
CBN Governor’s Special Press Briefing https://t.co/UWwSWATYlV
— Channels Television (@channelstv) October 26, 2022
In the aftermath of this announcement as seen on channelstv, the response of the public has been varied.
Here are some
Naira is now N750 to $1. After the Buhari Calamity, some scapegoats must go to jail. This is the one thing I need from Peter Obi. There must be consequences for bad behavior. CBN Governor Godwin Emefiele must go to jail. That man is a saboteur, he destroyed the Naira completely.
— NEFERTITI (@firstladyship) October 20, 2022
Sowore has urged President Buhari to sack Emefiele over his plans to redesign naira notes, saying that CBN should be boosting the value of the currency rather than redesigning bank notes pic.twitter.com/qBPBAmDrUP
— Naija (@Naija_PR) October 26, 2022
https://twitter.com/stephadamu/status/1585270122154975235?s=20&t=rciPfMNb5YTlcN6QJqMRfg
https://twitter.com/TheMahleek/status/1585284280720261123?s=20&t=rciPfMNb5YTlcN6QJqMRfg
The reactions to this development simply show the desire of Nigerians to have a functional economy and many wonder if this is the key to achieving that goal.
