Some Nigerians spoke to kicked against the idea as they described it as nothing but a waste of resources.
‘I DOUBT IF THERE WILL BE A MAJOR ECONOMIC IMPLICATION’- Lawrence Onuzulike
My reaction is neutral. I don’t see it as adding to the mounting problems Nigeria is currently facing or adding to the solutions.
I doubt if there will be a major economic implication, just that it may be a big bizarre having two designs of N100 in circulation at the same time. They did something like that with the N50 around 2010 or so and it didn’t cause any major problem.
‘THAT IS A WASTE OF OUR RESOURCES’ – Mayowa Johnson
That is a waste of our resources, is that what he is supposed to do at this stage, will it add to the dwindling rate of naira, they are just foolish.
It is still the same thing, they are wasting our resources, they will definitely use extra resources, no matter how little which shouldn’t be.
‘THERE’S NO ECONOMIC IMPLICATION’- Barrister Okezie
There’s nothing wrong with the N100 centenary note. It’s not unusual to release commemorative notes or coins. There’s no economic implication as far CBN only replaces some of the old notes. They are only reprinting existing ones. SEE MORE ON PAGE 2