Lifestyle
“E don spoil” – People find billions of rotten notes Again left in riverside (Video below)
Again Nigerians were alarmed when heaps of sacks containing spoilt naira notes were dumped in a warehouse at a riverside in Benue State. In the viral video hordes of residents in the area rushed to the scene where the notes, kept in sacks, have defaced beyond repairs.
A voice in the video was heard saying in pidgin English that it has spoilt.
“E don spoil. See where they hide am. Politicians una no kill us, the voice said in the video.
The video has been viewed over 51,000 times. This comes as CBN prepares to introduce new naira notes into circulation on December 15, 2022.
Watch Video Below:
Rotten bundles of naira notes dump by river side in Benue state
Nigerians vote wisely come 23
This is hrtbreaking💔😭Only PO can change this 💁🇳🇬
AT 35 Dele Alake #ObiDattiInKogi GTBank US$1,000 plateau state Nassarawa Rigged cuppy Ekiti Sosa INEC kaduna #500k Arise TV pic.twitter.com/la6auskMbO
— PETER OBI MANDATE 🇳🇬🇳🇬🇳🇬 (@prudenceoflago3) December 13, 2022
The CBN stated that the old naira notes would cease to be legal tender by January 31, 2023. The Central Bank of Nigeria has on October 26, 2022, stated that it is embarking on redesigning the naira notes because about 80 per cent of the money in circulation is outside the banking system.
The bank stated that it is redesigning N200. N500 and N1000 notes. According to the CBN, it has received over N1 trillion of old notes and deposited the same amount with the banks.
The CBN, which reduced withdrawal limits to N100,000 weekly for individuals and N500,000 for corporate bodies, have been under pressure from politicians to rethink the policy as it would affect Nigerians.
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