Friday, 21 September 2012

THE PRESIDENT HALTS THE FIVE THOUSAND NAIRA NOTE





President Goodluck Jonathan has instructed the CBN governor to put a halt in implementing the policy of the N5, 000.00 (Five thousand naira) which was set to be rolled out before the independence. It would be recalled that it was coursing so much controversy in the country when the big idea was conceived.
There was so much criticisms from Nigerians from different works of life even states men and former leaders like the former President Olusegun Obasenjo and former head of state Yakubu Gowon; both gave their tombs facing down condemning the policy as being anti progress for the country’s economy at this time.
On Thursday, the house of reps and the senate passed a resolution calling for the apex bank to halt the move.

What is your opinion?