Nigerians are refusing to exchange goods, services with the new naira notes – Lady laments

Nigerians are refusing to exchange good, service with the new naira notes - Lady laments
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Barely a week after the new naira notes went into circulation, some Nigerians are still finding it difficult to accept it as legal currency, for reasons best known to them.Nigerians are refusing to exchange good, service with the new naira notes - Lady laments

On December 15, 2022, the revised N1,000, N500, and N200 notes became a legal tender.

The new notes would no longer be considered legal money by January 31, 2022, according to Central Bank of Nigeria Governor Godwin Emefiele, who made the announcement on October 26.

According to Mr. Godwin Emefiele, the redesign of the money was done to combat hoarding and counterfeiting.

But then, one Olaedo Nwanyi has taken to social media to lament that many Nigerians are not really accepting the new notes yet.

Olaedo Nwanyi revealed on her Twitter page that she had a frustrating experience yesterday with sellers and drivers, claimed she was left helpless with the new naira notes as she was unable to exchange good and service with the cash.

Her statement reads;

Nigerians are vehemently refusing to exchange good/service with the new currency. I had a frustrating experience yesterday with sellers and drivers. Imagine being helpless even with money. Do we still have National Orientation Agency (NOA) working?

https://twitter.com/OlaedoNwanyi/status/1606076490780532736?t=-s8pOgQTkf3Y-vJvaJhbGQ&s=19

Olaedo Nwanyi is now urging the Central Bank of Nigeria to implement a program of public education to address this problem, saying that even well-educated people are turning away from doing business with it.

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