Quote from: Rruchi man on November 25, 2022, 11:35:08 PM

Quote from: BIT-BENDER on November 25, 2022, 08:34:48 PM

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.

Please how much did the government say was spent on the project because I have searched the internet and I haven't seen a specific price that they claimed was used for this new currency redesigning. The news i only saw was that there is no official amount stated yet as what was used for the project , hence i dey surprised were you hear or see amount from wey you say wan mad you. Share link for us make we see where you get your information from.

When the current government announces a positive project, there is always a fake accountant posting incorrect figures on social media without a source to make the project appear to be a way to launder money. BTW, why are we more interested in the money involved rather than how the new project will benefit us in the long run?

Quote from: CryptopreneurBrainboss on Today at 09:12:09 PM

Quote from: igehhh on November 25, 2022, 09:16:20 PM

The goal of redesigning was for security reasons; most of you are missing the point of the entire project;

No be lie you talk but nobi Nigeria we dey. If you make all the money wey politicians dun steal useless, that one no go just make dem still more next time they get the opportunity and this time around dey go comot the money for naira carry am go dollars and that way talking money out of the economy instead of putting money through investment in the country. Same thing goes for the money obtained through illegal means, this one no go just increase the security threat of the nation making kidnappers going back to their old ways to demand ransom and causing nuisance.

We are more interested in the present, our political system is corrupt, but that should not prevent the president from doing what is necessary to improve it. A few months ago, our cost of printing the naira notes increased due to current world inflation because most of our printing is done in Asia, the value of printing became more than the output, and this was another reason we needed to redesign to reduce cost and make it possible for us to print it and monitor it.

Quote from: Davidvictorson on Today at 09:48:12 PM

Quote from: igehhh on November 25, 2022, 09:16:20 PM

The goal of redesigning was for security reasons; most of you are missing the point of the entire project;

My qualms with the redesign of the naira is not even about the security purpose but how does this redesign help the economy? How does this design alleviate poverty? How does this redesign put food on the table of the poor masses? Does this redesign create employment opportunities? These are the main issues. A crucial question that must be asked is if Godwin Emefiele had been selected as the party flag bearer would he have considered redesigning the naira?

The redesigned naira was not intended to put food on your table or make you rich; your old 100 will remain 100; the government only improved it to meet current currency security trends and to allow the government to print our own money. The governor is Godwin Emefiele, and his job is to improve the security of the note; it was a collaborative effort. You guys are incredible. Currency redesign does not create employment anywhere. If you are still waiting for the government to create job opportunities for you in this century, you will never be satisfied because the government cannot solve everyone's problems.