Deji Adeyanju, Others React As Wads Of Spoilt Naira Notes Surface Following CBN’s Redesign Policy

Deji Adeyanju, Others React As Wads Of Spoilt Naira Notes Surface Following CBN’s Redesign Policy

Deji Adeyanju, a human rights activist and lawyer, has applauded Godwin Emefiele, governor of the Central Bank of Nigeria, for his currency redesign strategy.

Deji praised Emefiele in response to photographs of wads of spoiled naira notes circulating on social media.

Describing the hoarders of the spoilt notes as heartless animals, Deji wrote on Facebook saying : “Heartless animals refused to help the poor but Emefiele has forced them to bring out all the money.”Deji Adeyanju, Others React As Wads Of Spoilt Naira Notes Surface Following CBN’s Redesign Policy

Also reacting to the photos, a concerned Nigerian @Godstime Ibanga wrote: “Very heartless! Yet still some of them uptain positions in church like pastore, elder, Bishop etc… God bless Nigeria.”

@Cynthia: “Those heartless people are your buddies. They are the people you are defending. Don’t come here and pretend as though you are for the average Nigerian.”

@IkiasCCA: “Now you know these people are more of our problem, and not just the leaders you keep insulting here on your page. And you now know this Naira redesign is of great advantages to Nigerians & the Nation! Now you’re commending emefiele forgetting the major factor. Please give credit to whom it’s due.”

@Yakubu Harith: “Any Good Policy will be related to another person but if another person commits something wrong its BUHARI or Buhari regime. That’s the hypocrisy we are talking about,and we don figure am teytey no be today.”

Meanwhile, in another development, the resurfacing of the naira notes which were printed in 2007 stirred several reactions in the country last week.




Many believed that the circulation of the 2007 naira notes is as a result of the new CBN policy which the federal government had said will affect Nigerians hoarding and stacking the naira notes

@Ada Gaius wrote: “Shebi I have said this before, our naira should have expiry date. That way, monies of 1900 cannot be used in 2022. Only 5yrs expiry date will force them to spend it in the economy before it becomes useless.”

Speakin on this a few weeks ago, President Muhammadu Buhari had submitted that Nigerians with illicit cash and those who bury money under the soil will have a challenge with the new policy aimed at redesigning the naira.

In the same vein, the president noted that workers and businesses with legitimate incomes will face no difficulties at all.

Buhari, who spoke in a Hausa radio interview which was transcribed by Garba Shehu, his Senior Special Assistant on Media and Publicity, said reasons given to him by the CBN convinced him that the economy stood to benefit from reduction in inflation, currency counterfeiting and the excess cash in circulation upon the policy’s implementation.

Notwithstanding, he added that the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high value Naira notes had his support.

Meanwhile, Nigerians had began to wonder if the people against the Federal Government’s move to redesign the naira are guilty of hoarding the embattled currency.



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