“The Naira”, “The 1k” and The “CBN” trend on Twitter following the unveiling of the newly designed naira notes on Wednesday, 23 November, 2022.
President Muhammadu Buhari, on Wednesday, unveiled the newly redesigned naira denominations of ₦1000, ₦500 and ₦200 introduced by the Central Bank of Nigeria (CBN).
The newly redesigned naira launch preceded the weekly Federal Executive Council (FEC) held inside the Council Chamber of the Presidential Villa, Abuja.
Fielding questions from newsmen after the event, CBN Governor, Godwin Emefiele, said the CBN is fully poised to make Nigeria a cashless economy.
He added that the quantum of money that can be withdrawn from the counter will be drastically restricted, noting that anyone who wants to withdraw substantial cash would be tracked by security agencies to determine its use.
Continuing, the apex bank governor insisted that the January 31st deadline for the exchange of old notes will not be extended, noting that there are over 1 million points in the country where people can deposit their old notes.
Emefiele said the CBN must now regularly redesign currency after every five to eight years as policy demands.
Many Nigerians are not pleased with the new naira notes which went viral few hours ago with some wondering if the old naira notes were dyed to produce the new ones.
A tweep, @VictorIsrael_ said: “This must be a Joke 😂😂😂😂 Emefiele Wetin be this? Shey you dye our money na?”
Senator Shehu Sani who was clearly not pleased with the new notes said: “If it’s Naira colour, the CBN should have just engage Snapchat.”
@keepsearching25 tweeted: “How to Make old #Naira note to be new one
Step 1: buy Aro blue from Iya Ibadan.
Step 2: add the Aro blue into 4ltr of water in a bucket.
Step 3: soak the N1000 notes inside the coloured blue water.
Step 4: wait for 10mins
Step 5: remove and Iron the Note
The CBN enikure 🖐️!”
“The CBN only changed varnishe and alkyds. All is not well, I thought they had a better plan like, new cotton and linen fibres,” @onevoteperhead said.
“The 1k no make sense. E be like 50 naira,” @sportingchina blows hot.
@classiqAb1 wrote: “The CBN governor should next time consult all these girls on snapchat please because this filter is not cute at all💔🤦🏻♂️Naira”
@iamhordunayor reacted: “So CBN can partner with Baba Blue😹 #Naira”
“We’ve got a lot of dumb ass folks making decision for us all as Nigerians Pretty sad condition we find ourselves… ☹️☹️☹️This could have been better Naira,” @sanniarewa said, slamming the federal government.
@Larrysaintee tweeted: “The CBN reduced the exposure, added small contrast, saturation and vibrancy then increased warmth.
“Y’all should have a feel of spending pounds and dollars as you spend the Naira.”