I'm glad that the council of state supports the policy, however, to allay their concerns let CBN pump the N100, N50, N20 naira notes which are not redesined and other smaller denominations into the economy. The masses don't need the larger denominations they just need money to run their daily transactions and the smaller denominations will serve that purpose. If they truly care about the masses. The Elites and Politicians are they ones routing for the larger denominations and old notes. Yes, theirs truly hardship caused by naira redesign, if CBN has released those smaller denominations earlier we may not have been in the cash crisis we have.
ANY ONE AMONGST THEM WHO ACTUALLY KNEW THE NEGATIVE IMPACTS THE NAIRA REDESIGNS BROUGHT SHOULD ALSO KNOW THAT THERE IS GOD WATCHING AND ALSO THE GENERATION WILL NEVER FORGIVE THEM IF THEY DECIDE TO LEAVE US IN THIS CURRENT SITUATION OF SUFFERING BECAUSE IT DOESN'T DIRECTLY OR INDIRECTLY AFFECT THEM
Fellow Nigerian, did you hear what the minister said between 13:11 and 13:14? The Council of State agreed based on what could be beneficial to (1) The System and (2) The Government. Where is the masses in their equation? None. Though, I am not surprised because I know how the world really work.
Oga na because we sit down dey look at this people that is why, people when we poot to b awa servant na them con b the oga why the people con b d sarvant, and we still sit down dey look them
Everything is according to their own need. where were they when student were at home for months because of Asuu?. May God punish all the wicked leaders in Nigeria
Those who have billions of old Naira notes at home should deposit it at the CBN. CBN can not print more money while over 900 billion old Naira notes are in the houses of politicians. That is why the deadline is important to force them to deposit the old notes,except it is stolen money. Nigerians say NO to vote buying. This drama will be over one day after the presidential election. If politicians are telling you to go and protest, tell them to send their children. Don't be a cannon fodder for their greed. They are the same people mopping up new notes for vote buying, thus depriving the masses the little they have in the banks .
Nigerians deserve what they’re passing through if you ask me because they can’t think beyond a food for today. I’m only worried for those enlightened. Illiterates won’t let Nigeria move forward.
Well said. I agree with you 100% ! How much money do they have that they cannot deposit in the banks since over 100 days ago? If the money is stolen, they should tell us. What is all this?
@NJ Nigerians are supposed to see the troublemakers by now. How can El Rufai whose state is under the control of bandits, go to court over new Naira? These are the people who need to be investigated. When did El Rufai ever complain about ASUU strike or insecurity? They are hypocritical and selfish.
It's so sad that our leaders have reduced the citizens to mere beggers. Our rights and privileges are taken from us and in turn given pain and suffering. God please hear our groans and come to our rescue by giving us Peter Obi as our president.
just imagine what governor Darius said about citizens of NIgeria, that we only need small money to buy food and drugs ; that is his mental estimate of all we need as a people. I think this thought should be improved
I honestly commend the Hon. Attorney General presentation. That is the beauty of the legal Profession. I think what the Government of the day need to do, Is to print more of the redesign Naira notes. The ones already printed, should be widely circulated. Then after the General Elections, more prints can be carried out. Bravo to Mr President and the Governor of the Central Bank, for this sound economic decision for now. Those fighting against it, is without doubt, are those Nigerians with sinister motives. Shame to those Governors,who abandon the provision of adequate security of lives and property, only to hurry to file action against the Government for the redesign of the Naira notes.
No questions, let the print to be circle and circulation of money for all State and enterly Nigerians, very nice presentation. By the Hon. Attorney General of Federation Thank you sir
Malami and all the members of Buharis cabinet are fools. Do you need to have a Supreme Court ruling or Council of State meeting to rule the country properly .
Did you give anyone money to print new cash, do you think our money is made by the printer in your office. Buhari is a fool and the decision was a mistake, he should make a 180 and recirculate legal notes that are not colored with crayon
Look at them. They are all concerned about the money 💰 that will get rotten in their house's and not the security of the nation. Keep deceiving yourselves. Nigeria is moving forward without you people.
Nigerians suffering in silence. The idea that Nigerians should suffer and tolerate the ongoing hardships and poor policy implementation in silence because it is for some greater good is simply callous and nonsense.
@Joe plus ①②①⑨②⑦①②①⓪⑧ Please offer a better argument than that those who criticise this terrible implementation supports Tinubu. Have you seen the suffering? The queues at ATMs? People sleeping in filling stations and banks? People paying outrageous fee for fuel and Nigerians now buying naira in their own country. But we should suffer in good faith? What a pity. One only need to play the religion and tribal card in this country to escape responsibility
What happened to the ones hoards in some banks? Why did this people not meet when ASUU was on strike for over 7 months? Why did they not hold a meeting on the current fuel scarcity? I pity those illiterates gullible Nigerians who thinks this people have their interest at hearts.
@@kurajosariemen0991 PMB has never pretended to value western education. Only Nigerians, especially those from the south have projected him to love and value western education.
Instead of recirculating the old money, why not give the people credit cards worth the amount needed? This should be the solution in order to preserve the amount spent on the making of the new naira...
The most Occuring words I hear is "adequate preparations" however, on that day am sure you will hear late arrival of materials, logistics problem, security and mechetra
The legislative and the judiciary has the power to coerce the president to meet our demands, this isn’t that old mans country. The decision to delegitimize old notes without providing adequate amount to replace it is “Economic sabotage” which is politically inept and can be amended by the necessary powers which exist to hold such gross violations against the Nigerian people in check .
Our problems in Nigeria is not to redesign money,our leaders should be considerate in their Decision makings,is a pity ,,,but nothing that doesn't have expired date,,,let them continue
The person who couldn't do justice to Anglicans in his state while he was a governor can not do justice to other non catholic church members. Remember what he did to Northerners? The government money he put in his family business? No Peter Obi can not be Fair president IF elected into office.
If these Govenors/Politicians can challenge this energy towards generating power... All these shows that they know what to do to make Nigeria a greater Nation.
When you print more money it’s a debt, bonds are issued. Also the MD of (NSPM) Nigerian Security Printing and Minting is an in-law to the President. This is questionable.
Excuses upon excuses is all we get, security they make excuse, to print and circulate money they still make excuses. Do they know the level of problems they have created for people. If they have conscience they should all resign most especially that CBN governor.
Pls the poor masses are really suffering alot.... If possible allow the use of the old naira while they print more new naira cause this naira is scarce
Nigerians must persevere until after the gen election. This is one and only good thing Buhari did. I think that Buhari is honest about holding free and fair election.
Na wah ooo. Hold ur faith in ur hand, don't give ur faith to dis pple. Scope upon scope. Deliberation, consideration, profound solution, preparedness dos are dre words.
Printing more money is an advantage to our corrupt politicians, who will still carry that money back to their houses. Where is the money printed to so far, the CBN should find a way of knowing where those new monies printed are kept. Some of the new monies printed so far are now in the huz of this governors and senators who are interested in stealing public money. The CBN should not print more money. Nigerians should go cashless, with time this is going to stop corruption and also stop stocking of currency at home by the politicians and the governors, at least by 60%.
I don’t know if what I am saying is correct.. You said Nigerians should be cashless, how does that even make sense. Consider everybody… without money, people can’t run their daily business , no food to feed the family or pay rent even traders are stranded, they can’t sell their products and products end up spoiling. Printing more money can have its disadvantages but still try to think about others.. Not everyone is rich . We are just managing
Na mumu u be...... So suddenly all these council of state have masses interest at heart abi..... U better wise up nd see the real truth.... Where were d council when asuu was on strike.... Where were dey wen fuel price skyrocket Where were dey wen the buhari administration is turning our economy upside down
It's good to look into it but with the current new naira notes, they should have tackled the commercial banks to release the ones already given to them by the CBN because the commercial banks are the major hoarders of this new naira notes. I'm also of the opinion that old naira notes should be banned in totality before the general election. Money shouldn't be a barrier to vote and be voted for except if there is ulterior motive.
Since December, till now, I'm beginning to like our president, also for his name to be written in gold, this election should not be compromised to favor anyone rather let it be for credible candidate l. Let the votes count
in Europe the transaction between local currencies and the euro lasted at least two years, in Nigeria in a few days they wanted to change billions of banknotes? result...there are no Naira in circulation...
No amount of time and extra money printed will solve the problem because the commercial banks are selling the new notes to the people who have stored up the money at home. How come none of them has ever paid new notes since January first? The leaders are also helping to make life dufficult by not supporting the law.
Our major problem isn't the printing of new Naira notes. If you say we're going cashless like other civilized Countries, what did you do to make it cashless? It's like the Government don't really understand the meaning of the word "cashless". Network isn't working to go cashless and the so called cash is no where to be found. You used money to buy money only in Nigeria. Why do you people derive in seeing the poor and the masses suffering? May you all never go unpunished for the long suffering you brought down to us.
This is the reason why I said Nigeria will be okay ,how can a large country like Nigeria want to change notes and just for the central bank Governor to do all needs to make it easy for the masses, they rather bring what we can't explained,now this people are not ashamed of there self such a shame.
The Attorney general as spoken already why repeating same word again word for word doesn’t make sense to me. I was waiting to hear something different from the Attorney.
If at all the CBN is to buy into the advice of recirculating the old notes in the mean time, it should be the lowest of the denominations (N200). The higher notes, N500 and N1000, should be banned because those hoarding the currencies usually use them.
All of them are supposed to be sitting behind bars and not around this table.
Supported
I'm glad that the council of state supports the policy, however, to allay their concerns let CBN pump the N100, N50, N20 naira notes which are not redesined and other smaller denominations into the economy. The masses don't need the larger denominations they just need money to run their daily transactions and the smaller denominations will serve that purpose. If they truly care about the masses.
The Elites and Politicians are they ones routing for the larger denominations and old notes.
Yes, theirs truly hardship caused by naira redesign, if CBN has released those smaller denominations earlier we may not have been in the cash crisis we have.
If they pump in money then the purpose of the mop up is defeated.
You’re a fool, because you have A/C you think the mama that sells akara Doenst use 500 naira notes. Release all the money back into circulation
We need our MONEY please!
ANY ONE AMONGST THEM WHO ACTUALLY KNEW THE NEGATIVE IMPACTS THE NAIRA REDESIGNS BROUGHT SHOULD ALSO KNOW THAT THERE IS GOD WATCHING AND ALSO THE GENERATION WILL NEVER FORGIVE THEM IF THEY DECIDE TO LEAVE US IN THIS CURRENT SITUATION OF SUFFERING BECAUSE IT DOESN'T DIRECTLY OR INDIRECTLY AFFECT THEM
Shey Your Brother Buhari has succeeded in destroying this country.
Fellow Nigerian, did you hear what the minister said between 13:11 and 13:14? The Council of State agreed based on what could be beneficial to (1) The System and (2) The Government. Where is the masses in their equation? None. Though, I am not surprised because I know how the world really work.
Oga na because we sit down dey look at this people that is why, people when we poot to b awa servant na them con b the oga why the people con b d sarvant, and we still sit down dey look them
You got it... i heard it clearly
The system is still the system that was within them
Everything is according to their own need. where were they when student were at home for months because of Asuu?. May God punish all the wicked leaders in Nigeria
Don't mind them, yeye people
God punsh all of them all
This is what happen when you take political decision instead of economic decision.
Those who have billions of old Naira notes at home should deposit it at the CBN.
CBN can not print more money while over 900 billion old Naira notes are in the houses of politicians.
That is why the deadline is important to force them to deposit the old notes,except it is stolen money.
Nigerians say NO to vote buying.
This drama will be over one day after the presidential election.
If politicians are telling you to go and protest, tell them to send their children.
Don't be a cannon fodder for their greed.
They are the same people mopping up new notes for vote buying, thus depriving the masses the little they have in the banks .
Nigerians deserve what they’re passing through if you ask me because they can’t think beyond a food for today. I’m only worried for those enlightened. Illiterates won’t let Nigeria move forward.
Well said. I agree with you 100% ! How much money do they have that they cannot deposit in the banks since over 100 days ago? If the money is stolen, they should tell us. What is all this?
@NJ
Nigerians are supposed to see the troublemakers by now.
How can El Rufai whose state is under the control of bandits, go to court over new Naira?
These are the people who need to be investigated.
When did El Rufai ever complain about ASUU strike or insecurity?
They are hypocritical and selfish.
Are we still using the old naira note or not? That's what we want to hear..
It's so sad that our leaders have reduced the citizens to mere beggers. Our rights and privileges are taken from us and in turn given pain and suffering. God please hear our groans and come to our rescue by giving us Peter Obi as our president.
Well said. Na so e go be mehnnnnn 🙏🙏🔥
just imagine what governor Darius said about citizens of NIgeria, that we only need small money to buy food and drugs ; that is his mental estimate of all we need as a people. I think this thought should be improved
It should be cash not money. We do not need cash to buy a car but we need money
I honestly commend the Hon. Attorney General presentation. That is the beauty of the legal Profession. I think what the Government of the day need to do, Is to print more of the redesign Naira notes. The ones already printed, should be widely circulated. Then after the General Elections, more prints can be carried out. Bravo to Mr President and the Governor of the Central Bank, for this sound economic decision for now. Those fighting against it, is without doubt, are those Nigerians with sinister motives. Shame to those Governors,who abandon the provision of adequate security of lives and property, only to hurry to file action against the Government for the redesign of the Naira notes.
Malami acting strange while making the speech, There is fire 🔥🔥🔥 on the mountain 😛😛😛
No questions, let the print to be circle and circulation of money for all State and enterly Nigerians, very nice presentation. By the Hon. Attorney General of Federation Thank you sir
Malami and all the members of Buharis cabinet are fools. Do you need to have a Supreme Court ruling or Council of State meeting to rule the country properly .
The CBN governor should have been invited.
Did you give anyone money to print new cash, do you think our money is made by the printer in your office. Buhari is a fool and the decision was a mistake, he should make a 180 and recirculate legal notes that are not colored with crayon
Look at them. They are all concerned about the money 💰 that will get rotten in their house's and not the security of the nation. Keep deceiving yourselves. Nigeria is moving forward without you people.
May ALLAH continue guide and Safeguard you
Should we continue using the old naira note or not?
Why print more money ? What about the once which they already hold in the banks
Nigerians suffering in silence. The idea that Nigerians should suffer and tolerate the ongoing hardships and poor policy implementation in silence because it is for some greater good is simply callous and nonsense.
@Joe plus ①②①⑨②⑦①②①⓪⑧ Please offer a better argument than that those who criticise this terrible implementation supports Tinubu.
Have you seen the suffering? The queues at ATMs? People sleeping in filling stations and banks? People paying outrageous fee for fuel and Nigerians now buying naira in their own country.
But we should suffer in good faith? What a pity.
One only need to play the religion and tribal card in this country to escape responsibility
What happened to the ones hoards in some banks? Why did this people not meet when ASUU was on strike for over 7 months? Why did they not hold a meeting on the current fuel scarcity? I pity those illiterates gullible Nigerians who thinks this people have their interest at hearts.
The council of State didn't meet when the ASUU strike was on because the President who has the power to call for such meeting didn't call for it.
@@ebimoboweitamuno5259 so that means Education has no meaning to Buhari
@@kurajosariemen0991
PMB has never pretended to value western education. Only Nigerians, especially those from the south have projected him to love and value western education.
That Malami is always high on substance
look so..
I don’t think you can speak for a minute like he did despite you not being high mts!
May Allah bless us with good leaders 🙏.
Allah has given you tge lower through your vote.
Peter obi is the solution 👌
U r praying for good leader but If u are asked to vote obi u may say no
👌
Me I don't understand all these grammar ooo
What are u people saying pls
Are we still using the old note or not?
Lol. We are still using the old notes
@@emmanuellachinyere3997 very good 🤣🤣🤣
Lol, Na where you dey I dey jor
@Joe plus ①②①⑨②⑦①②①⓪⑧ ok. Thanks, hopefully we will have enough new ones then if not we no go return shishi
Thanks for the offer
Instead of recirculating the old money, why not give the people credit cards worth the amount needed? This should be the solution in order to preserve the amount spent on the making of the new naira...
The most Occuring words I hear is "adequate preparations" however, on that day am sure you will hear late arrival of materials, logistics problem, security and mechetra
Masha Allah bless your soul of the day
Save Nigeria !!!❤
God bless and protect this incredible leader so he brings positive change in 🇳🇪 Nigeria
The kingdom of God Almighty rules over all.
The legislative and the judiciary has the power to coerce the president to meet our demands, this isn’t that old mans country. The decision to delegitimize old notes without providing adequate amount to replace it is “Economic sabotage” which is politically inept and can be amended by the necessary powers which exist to hold such gross violations against the Nigerian people in check .
Our problems in Nigeria is not to redesign money,our leaders should be considerate in their Decision makings,is a pity ,,,but nothing that doesn't have expired date,,,let them continue
Obasanjo no dey council of state?
What's d reason why PMB didn't talk
PDP and APC have failed this country big time. Peter Obi is simply the best presidential candidate, for now. Vote LP from top to bottom.
The person who couldn't do justice to Anglicans in his state while he was a governor can not do justice to other non catholic church members.
Remember what he did to Northerners?
The government money he put in his family business?
No Peter Obi can not be Fair president IF elected into office.
Peter Obi was from PDP. He failed too. What did he do in Anambra?They are crooks
If these Govenors/Politicians can challenge this energy towards generating power... All these shows that they know what to do to make Nigeria a greater Nation.
Abubakar Malami has reported well, we are waiting for the final decision of the president.
Excellent
When you print more money it’s a debt, bonds are issued. Also the MD of (NSPM) Nigerian Security Printing and Minting is an in-law to the President. This is questionable.
Good one.
Africa should have one united currency for all of Africa.
Good afternoon sir
Excuses upon excuses is all we get, security they make excuse, to print and circulate money they still make excuses. Do they know the level of problems they have created for people. If they have conscience they should all resign most especially that CBN governor.
Pls the poor masses are really suffering alot.... If possible allow the use of the old naira while they print more new naira cause this naira is scarce
Nothing to say ,
But God will help us,
Because we did nothing wrong to face this whole suffering, God help Nigeria
What is going on like that??
Birds of the feather flock together 😂😂
Yes
May Allah help us make it good and peace
Nice one for today now
Good
Allah ya saka mana.
Nice 👍 ObiDatti
Human beings should not be referred to as poor people - why not call them the majority Nigerians when we talk about our Country
Good job
CBN, should pls consider common people & print currency, & or allow the old & new currency to be in circulation. People suffering & dying of hunger.
Nigerians must persevere until after the gen election. This is one and only good thing Buhari did. I think that Buhari is honest about holding free and fair election.
Achirou
Na wah ooo. Hold ur faith in ur hand, don't give ur faith to dis pple. Scope upon scope.
Deliberation, consideration, profound solution, preparedness dos are dre words.
Printing more money is an advantage to our corrupt politicians, who will still carry that money back to their houses. Where is the money printed to so far, the CBN should find a way of knowing where those new monies printed are kept. Some of the new monies printed so far are now in the huz of this governors and senators who are interested in stealing public money. The CBN should not print more money. Nigerians should go cashless, with time this is going to stop corruption and also stop stocking of currency at home by the politicians and the governors, at least by 60%.
Please talk with sence
I don’t know if what I am saying is correct.. You said Nigerians should be cashless, how does that even make sense. Consider everybody… without money, people can’t run their daily business , no food to feed the family or pay rent even traders are stranded, they can’t sell their products and products end up spoiling. Printing more money can have its disadvantages but still try to think about others.. Not everyone is rich . We are just managing
If they say they should stop printing then, the banks should provide us new notes because they are the main hoarders of the new notes
Shame shame greedy wicked politicians
Masses won after the Council of State onfold that Buhari,Malami and Emiefele are mercy less to the plights of Nigerians
Na mumu u be...... So suddenly all these council of state have masses interest at heart abi..... U better wise up nd see the real truth.... Where were d council when asuu was on strike....
Where were dey wen fuel price skyrocket
Where were dey wen the buhari administration is turning our economy upside down
@@akinolafayokun9588 He is supporting Tinubu. That's why.
Mumu
11:06 the policy stands...
Too much gentleness of so called southern Nigeria people allowed this strangers fulanis people to create wings to acting as they acting today
No concrete resolution on anything…just purely advisory. Wasted time
It's good to look into it but with the current new naira notes, they should have tackled the commercial banks to release the ones already given to them by the CBN because the commercial banks are the major hoarders of this new naira notes.
I'm also of the opinion that old naira notes should be banned in totality before the general election. Money shouldn't be a barrier to vote and be voted for except if there is ulterior motive.
Since December, till now, I'm beginning to like our president, also for his name to be written in gold, this election should not be compromised to favor anyone rather let it be for credible candidate l. Let the votes count
Nigeria will be great again
in Europe the transaction between local currencies and the euro lasted at least two years, in Nigeria in a few days they wanted to change billions of banknotes? result...there are no Naira in circulation...
Eastern region (BIAFRA). which one do you prefer """SIT AT HOME vs STAND AT BANK????. 23>>>>>>28FEB, Total lockdown???? to restore BIAFRA???.
Soo there discussion has finished now?
Please why you people don't allow Mr president to say a single word
There's is God ooooooh
No amount of time and extra money printed will solve the problem because the commercial banks are selling the new notes to the people who have stored up the money at home. How come none of them has ever paid new notes since January first?
The leaders are also helping to make life dufficult by not supporting the law.
God is watching all of you,,
May Allah
PLS DO SOMETHING PLEASE WE DEY PAY 20 TO 30% TO POS TO COLLECT CASH. FOR GET TALK A TALK DO IT
I don't know why I don't like this Sanwolu guy
Mallami and “Indeed” ehn
They just wear agbada as if na parachute.There is God
Our major problem isn't the printing of new Naira notes. If you say we're going cashless like other civilized Countries, what did you do to make it cashless? It's like the Government don't really understand the meaning of the word "cashless". Network isn't working to go cashless and the so called cash is no where to be found. You used money to buy money only in Nigeria. Why do you people derive in seeing the poor and the masses suffering? May you all never go unpunished for the long suffering you brought down to us.
If they have capacity to discharge their duties democratically.
Buhati is a kid . He should resign. Is he supposed to be told that he needs to tell his fool at the CBN to print more money.
This is so sad
Pls what r they saying? Are we to use old naria currencies or not. Simple all these grammars shaa
They're not doing anything for Nigeria and the Nigerians every citizen need to know that.
Ndi oshi ndi oshi these so called state governors
This is a satisfactory resolution
Just as idi Aminnof Uganda said print more money, print American dollars
Make all of una just born I swaer I pray so
Allah yasakamana
Print more Books
This is the reason why I said Nigeria will be okay ,how can a large country like Nigeria want to change notes and just for the central bank Governor to do all needs to make it easy for the masses, they rather bring what we can't explained,now this people are not ashamed of there self such a shame.
So sad,Nigeria is gone.
Very gone
Beneficial to the system and the Government.....wow nice one,the people has never been in your interest
Ask him how much of the new notes he has
It's a shame and disgrace to our nation
Well presented and open speech by the attorney general of the federation.
Your Attorney General is a crook
Let all ready for cashless transaction
So much concern
The Attorney general as spoken already why repeating same word again word for word doesn’t make sense to me. I was waiting to hear something different from the Attorney.
Good idea & there should be dead line /cap on co circulation too! ,is sub standard for the two to be in circulation # unprecedented!
Why selecting one group of party to go for the meeting, their is something fishy there, why not include other parties for them to say their view.
If at all the CBN is to buy into the advice of recirculating the old notes in the mean time, it should be the lowest of the denominations (N200). The higher notes, N500 and N1000, should be banned because those hoarding the currencies usually use them.
Bunch of thief's
I'm tired of Nigeria
This heading or title is misleading