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‘They only changed the colours to deceive us’ – Mixed reactions as Buhari unveils the new Naira Notes

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President Muhammadu Buhari on Wednesday finally unveiled the re-designed Naira Notes as proposed by the Central Bank of Nigeria (CBN).

The CBN Governor, Mr Godwin Emefiele had on Tuesday said that the president will unveil the newly designed N1,000, N500 and N200 notes.

The unveiling today, marks the first time in 19 years, Nigeria will be redesigning it’s currency notes.

At a briefing after the ceremony before the Federal Executive Council meeting, the CBN governor debunked insinuations suggesting that the early unveiling of the new notes is a means to target some Nigerians.

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Mr Emefiele appealed to members of the public, urging them to desist from making such speculation, adding that that there is no need to perpetuate any such information.

According to him, the CBN will intensify the monitoring process and interrogate the process of withdrawals.

Emefiele maintained that there will be heavy restriction on the volume of cash that people can withdraw over the counter, as it works with the Economic and Financial Crimes Commission (EFCC) to monitor the purpose of any heavy transactions.

The redesigned currency note he asserts can never be counterfeited, adding that to forestall such occurrence, the CBN will redesign the notes after every five to eight years.

Following the unveiling of the new notes which begins circulation today, the CBN governor announced that the apex bank is now more determined to make Nigeria a cashless economy, as in other climes.

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During the ceremony which held before the council meeting, President buhari underscored the importance of re-designing the new naira notes. He explained that it will aide the country address the issue of Illicit financial flows, corruption, improve the nation’s economy, as well as ensure and advancement in the value of the naira.

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Noting that the currency redesign will also boost the CBN’s Monetary policy initiative, President Buhari stated that the first set of currency which was printed locally by the Nigeria printing and minting company, will fundamentally prevent counterfeiting of the naira notes.

The president, however, appealed to Nigerians and urged them to embrace the new policy to re-design the naira.

Reacting to the look of the new notes which has started circulating the internet, some Nigerians are not happy with the ‘changes’ discovered.

Taaooma wrote: Who colour grades these monies? Abi ink don finish for Printer?

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Nikki Laoye wrote: Is this a joke or ? Because I am genuinely confused! This ain’t real right?

Sam Speedy wrote: What kind of a country is this?

The_hair_police wrote: I cant see any difference.

Iamnafizat wrote: Is this redesign or colour painting?

Be.a.diamond wrote: They just dey decieve us with colours.

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One year old boy drowns after falling into bucket of water in Anambra

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A boy, 1, has d!ed after falling into a bucket of water in Nnewi, Anambra state.

The child’s parents reportedly left him in the care of his siblings when the tragedy occurred on Saturday, Dec. 3.

The siblings were busy playing when the child made his way to buckets of water arranged outside and fell into one.

He was found too late.

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Videos shared online show loved ones praying for the boy to come back to life. No one is seen performing CPR in the video.

Sadly, the boy gave up the ghost.

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Men who refuse polygamy contributing to prostitution – Ned Nwoko

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A Nigerian lawyer and politician, Prince Chinedu Munir Nwoko, popularly known as Ned Nwoko, has accused men who do not marry more than one wife of contributing to immorality in society.

The former lawmaker, who stated this in his recent interview with the Guardian, urged Nigerian men to emulate the northern men by marrying more than one wife.

He said: “Many women are out there without a husband, especially in the southern part of the country, and there is a high level of prostitution. If the southern men emulate their northern counterparts by marrying more than one wife, that could probably change the situation.

“An average southerner may have one wife with girlfriends, and he is spending money on the girlfriends, sometimes even more than his wife.

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“For instance, the man, who has three wives, concentrate on them, every money he makes is spent on his family, and he is more likely not to have a girlfriend or concubines. The money those with several girlfriends spend on them is a gift, not an investment in the family.”

Nwoko, who has multiple wives, noted that he and the Ooni of Ife, Oba Enitan Ogunwusi, are serving Nigeria by marrying many wives.

Ned, who further claimed to have the same background as Ooni, explained that their grandfathers were kings and had served Nigeria in that capacity. “And we are now also serving Nigeria by marrying many wives.”

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Gas Explosion kills man while he was preparing food (Photos)

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A Gas Explosion has killed a man at Ayimensah in the Greater Accra Region.

This sad incident happened this morning, Tuesday November 29, 2022.

Mr. Daniel, an agent was killed by the gas explosion this morning while preparing his breakfast.

The cylinder exploded and caught him in the fire.

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He was rushed to the hospital after the unfortunate incident but he passed away hours later.

The body has been kept at the morgue for autopsy and preservation.

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