26.6 C
New York
Thursday, September 12, 2024

Why’s The Govt Still Printing Naira Notes?

If you check most of the 1k naịra note you use today, they printed it this year.

You think it’s a joke when people like Professor Kingsley Moughalu, the former Deputy Governor of Central Bank lament that CBN is currently printing naịra and it’s one of the major courses of inflation.

The small economics I did in Secondary School is still working in my brains. No value. No production. Nothing nothing. Borrow and share govt.

Secondly…

I had gone to the banks repeatedly and there was shortage of cash. Banks refused giving above 200k no matter what you have in your account.

They were announcing if anyone wanted to deposit cash. Like, bank was looking for cash to deposit.

I don’t understand the kind of inflation Nigeria is currently undergoing. Is it too much money in circulation or lack of money in circulation?

Stagnant economy. Stagnant policy.

Ee Pee See is like a child crying to be given kola but. Kola nut has been given. Ok. Chew it. He put it in his mouth and spat it out, into the abyss.

What an abysmal government of incompetent buffoons.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

0FansLike
3,822FollowersFollow
0SubscribersSubscribe

Latest Articles