The Launch Came Earier Than Expected And It Came As A Shocker

Unsplash Image The government of Nigeria resolved to redesign the some of the Naira notes. This raised a lot of eye braws. Many said it is the beginning of inflation in the country.

Nigerias economy has been facing lots of down times. Naira to dollar as at yesterday was #770, you know it's a lots of difficulty for the cities because even the garri seller will respond to you that dollar has added money when you ask for her price and a times I wonder what's the relationship that exists between dollar and Garry selling for God's sake.

The redesigning was welcomed by many, especially by the poor massing because they feel that most people that stole the country's money will bring it back to be changed to the new one. Well, they will bring it out but I said that they will have a way to Hanover their way out of the angry hands of the law because that has been the way they escape punishment but am sure that someday they will get it in full measure.

There was a serious rumored of the governments intention to also mint #2,000 notes and #5,000. The day I heard this I shooter..'looting made easy' those that have been stealing our money will back 100,000 million naira. and it will be like the size of 100,000 thousand nairas. Gratefully it ended as a rumor.

As against the said date of 15th December 2022. The government launched the new naira note of 500 nairas and 1,000. This came as a surprise to me too, the resolution came after the central bank governor said he has all the things ready as nothing is holding the process.

Many top officials have been trying to buy time but it was not possible.

Well for those that have some of these notes at hope. You cAn quickly locate your bank for the change. The bank does not work on Saturday's but due to the naira swap which will help many get attention easily.

Hope this serves as an information to many today. Thanks for reading.