Omo, like dis everybody dey para for the redesigned naira notes. But wetin I Kno be say wetin don happen don happen. We dey lament say we govt corrupt and all that, but e no go change the fact say the naira dey lose value
I greet you my brother, when I first hear the story about central bank of Nigeria wanting to release a new design on the 200, 500, 1000 naira note, I no see am as necessary till I learnt that part of their reasons na because too many of the currency Dey circulation and away from banks, and money launderers and them kind don Dey save the money away from banks.
And when the redesign come out I also no too reason even if e Dey obvious that nothing much was done on the design but Wetin Dey mad me be the amount of money them claim say them use to run the redesign mata. My people make we wise up.
The goal of redesigning was for security reasons; most of you are missing the point of the entire project; this single act has rendered the pile of money stored for the political game next year useless; we now have the license to print our notes to save printing costs as well. Currency is not for fashion; the more colors you add, the more expensive it is to print; this is why most world currencies only have one color. If you are familiar with printing, you will know that work with more than one color is always very expensive to print. The new nots appears common, but it contains security details that you may not understand. the US dollar old currency and the new one is the same only few details were changed for security reasons.