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UpGhana Forum / Leaks / Here�s What Nigerians Will Do With the New Naira Notes (1 Post | 454 Views)
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Here�s What Nigerians Will Do With the New Naira Notes by Bigkwame(m) : 2:00 pm |
The long-awaited day is finally here. Today, December 15, 2022, the Central Bank of Nigeria (CBN), under Godwin �Meffy� Emefiele�s orders, will publicly release new naira notes for the ?200, ?500 and ?1,000 denominations. We spoke to some Nigerians about their thoughts on the new banknotes and asked one question, �What�s the first thing you�ll do when you get your hands on the new naira notes?�� Here�s what they said. DamolaMy friend went to the bank yesterday to withdraw a lump sum of about ?300k. The bank gave him the new naira notes and I was fortunate enough to see them this morning. The notes are average. It�s just as if they went to put filters on them. I prefer the old notes, seriously. On what I�m going to do with the new notes? Well, it�s just for spending. Everyone needs cash now since Christmas is around the corner. TundeI run a logistics business so definitely the first thing I�m spending the new notes on is fuel. I�ll also service my bikes and maybe get Christmas items for myself and my family. FeyisayoI�m not anticipating the release at all. I think I�ve overgrown the thrill of acquiring new naira notes probably because the value of the currency is nothing to be happy about. I�m not looking forward to it. I�m a little curious to see how they look but beyond that, no extra feelings at all. Still, if I get my hands on the new notes first thing I�ll spend them on? Probably transport fare and then groceries. KarinaI�ll keep them in my purse and laugh out loud. For sentimental reasons, I�ll hold on to the new notes. I�ll probably not spend till the old notes are out of circulation. Besides, there�s no difference between the old and new notes � just shades of colour. How are we sure that when the new notes get dirty and start fading they won�t look like what we currently have? ToluwaniI�ll take a picture of them and send to my family group chat. VictorI�ll stare at them so as to recognise them physically and differentiate from counterfeits. But I think I�ll still use the old naira notes until they�re completely phased out. I know there�s a risk that banks won�t accept old notes after some time has passed but I�ll still keep mine. People can be somehow. You may offer someone the new notes and they�ll say they want the old one. Some don�t even know the old ones have expiration dates. This delays transactions. So I�ll still have both. If I�m going out for example, I could have ?4k old and ?4k new � just to be safe. I don�t want to be fully dependent on the new notes because I don�t know if they�ll be generally accepted. DeborahTouch them to have a feel. Did the texture change? Or is it just the colour that was changed? I�ll take a closer look too. I�d most likely keep them until next year, because I�m not sure conductors or drivers will collect them yet. So to be safe, I�ll definitely not spend them until next year when I�m certain that�s what everyone is using. TimiNaira is useless, so I�ll basically spend them lol. I�m a collector of notes so I�d keep the old ones alongside the other currencies of any country I�ve visited as reference. I�ll also make sure to break them into change so I can see the various redesigns in their different types. First thing I�ll spend on? Either food or a hangout since it�s December. ChiamakaI�d most likely not spend them until it�s necessary � possibly on transport or food or some other necessity. Oh, and take pictures of them and post on my status, lol. NiyiI�ll take a picture of themand most likely spend them on fuel. I have no issues with the policy to be honest. I just don�t use cash much but for the people who pack my dirt and clean my office, I pay them in cash. They might not be fully informed about this policy so that may be interesting to see. I�ll probably give them the new notes and tell them about the new policy. Cue the weird looks and questions like �Oga, wetin be this?� AbisolaI�ll hold them in my hand to get myself familiar with their new features and differentiate them from fakes. I won�t spend them immediately, but keep them for like three days. Because I�m not ready to buy fish by the roadside and have to start explaining that the new denominations are legit.
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