Its Naira Time !

After the suspense filled pre-introduction of the new naira notes, I was expecting not so much from the Central Bank. The CBN had started years back with a massive campaign against the abuse of naira, which of course calls for concern. Nigerians at this time have created various forms of handling the naira, including very degrading ways that wears out the naira note in less than no time. You need the market women and taxi or bus drivers to hold a mint for you in just 30 minutes to appreciate how possible it is to deface the naira.

All this acts were going o at very alarming proportions which behooves the CBN to rescue the situation. With various captivating adverts including when the naira went down weeping on all radio stations in the country lamenting how much it has suffered from Nigerians who should be the ones to cherish him most.

While I do not intend to flog you too much of the “worse old days” (worse because it has reduced to bad), I think it is good we have a background knowledge of what has been the reality.

On 28 February 2007, the 37th Governor in Nigeria, Charles C. Soludo presented to the Grand Commander of the Nigeria Republic, Chief Olusegun Obasanjo the new naira notes. I must confess that I was stunned at what I saw. Its the most beautiful currency have had access to.

Simply designed, nice colour blend, proudly Nigerian and gives any Nigerian and non-Nigerians alike the cause to believe that Nigeria is changing and it will continue to change for BETTER. Interesting enough is the innovation of the Polymer texture which will reduce greatly the incidence of squeezing the notes.

With the new naira, we have a currency to be proud of. I surely love the new notes and Coins, at least I can a 1 naira sweet and get a change.

Things are getting beta jare !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!