On this day, the 15th day of December 2022, the FEDERAL GOVERNMENT OF NIGERIA has introduced the new redesigned naira notes as programmed along with its new policy awaiting effectivity on the 9th day of January 2023. This new policy exercise was not expected along with the new redesigned naira notes. The masses react, the new policy will have no positive impact on the nations economy, rather it will create chaos and make exchange and means of living difficult for Nigerians and expecially the business/traders around the country. With the rate of unemployment all over the country, and scarcity of jobs and the government not having any interest in those major issues, the new policy is only going to bring nothing but, "robbery, fraudulent acts, high rate of unemployment, regarding the new scheme of employment for POS (point of sales) for all and sundry etc. The policy will have no positive impact in and outside the country rather it will evolve new ideas in criminalization and fraudulent activities and with physical robbery which we don't have good networks and good cyber securities as well as good security services to empower the new policy. The masses should be preconcerted before the mandate of enforcement for the new policy. In a situation like our country's, where we are battling with insecurity and economic growth, and inflation of items normalising at 3X(three times its normal price) THE FEDERAL GOVERNMENT OF NIGERIA in alliance with the CENTRAL BANK OF NIGERIA is least expected to bring up an idea that will only set the whole nation ablaze without considering its side effect in the next quarter of the coming year. We hope there would be adjustments in mandating the new WITHDRAWAL POLICY. Officialventure.bloggspot.com
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