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Central Bank Of Nigeria, CBN Stops Polymer Currency Notes – Paper Notes Coming Soon

cbn polymer currency notes

April 23, 2013 – Central Bank Of Nigeria, CBN To Stop Printing Polymer Currency Notes – Paper Notes Coming Soon

Starting from this week, the Central Bank Of Nigeria, CBN has stopped the production of Polymer currency notes.

The move came due to complaints that polymer currency notes fade away with time.

People who take public transport or those who buy or sell goods in the market can testify to it.

Here what the Deputy Governor of the Central Bank of Nigeria, Tunde Lemo said in a recent interview;

We will start to produce the second generation of lower denomination notes, now in paper not in polymer. My plea is that Nigerians should exercise patience with us; it wasn’t the fault of the CBN, it was just because we had to go back to the drawing board to rethink `Project Cure’ in the light of the wish of the public that we should not go ahead with the N5000 notes and lower denomination. We will correct that in the course of the year. Polymer certainly will be phased out. In fact, we are phasing out polymer.  No new note is being printed in polymer now.

16 Comments

16 Comments

  1. precious

    April 23, 2013 at 2:24 PM

    Confused people,they ar set for another fraud. They need money again

  2. adeshewa olanrewaju

    April 23, 2013 at 2:56 PM

    let us just fold our arm be watching the next money shall be made from the iron

    • Oluwatomisin

      April 24, 2013 at 10:17 AM

      Funny, do u wnt the money made from iron?

  3. Zyko Alfred

    April 23, 2013 at 5:41 PM

    This people are just f**king criminals,and our president is just there looking like a blind fool,only God can help us because very soon I can promise our government one thing, we the citizens will soon fight back if this should continue……shalom

  4. After God

    April 23, 2013 at 8:55 PM

    dat is burshit, dia ar beta tins 2 do out dia, but dey ar dia tryin 2 stil our money God wil ask dem wen tim comes

  5. Joseph

    April 24, 2013 at 5:59 AM

    D billion they ate over printing polymer currency lower note is finished, so they need money 4 New latest jeep, public show off, I don,t blame them,but fed govt,who went ahead employ carpenter to repair a car,what did U expect 4rm him, rubbish.

  6. jimmy

    April 24, 2013 at 6:13 AM

    OLE,BARAWO,ONYIOCHI, THIEF OLE CATCH THEM, GOD GO PUNICH YOU ALL FRAUDIST,ALL OF YOU STEALING BY TRICKS, WE NOT LIVE A HAPPY AND GOOD HEALTH,WILL SURFFER IN PAIN MILLIONS AMEN. OLE AJIBOLE,OYIOCHI,BARAWO.ANOTHER STYLE OF EMBEZZLEMENT. BABA GOD GBAWO OOOOO OOOOOO, ALMIGHTY HELP US OOOOO, THIEVIES, FRAUD,DON COME AGAIN OOOOOOOOOOOO

  7. solid

    April 24, 2013 at 7:33 AM

    They are thieves but one day their cups will full

  8. Sparkles

    April 24, 2013 at 7:50 AM

    What is our country turning into? I don’t think this people has a choice.

  9. Emir

    April 24, 2013 at 8:18 AM

    this people should jst stop decieving us 4 God sake. They are plannin 2 carry out our money again, all in d name of bring new money out. Na only God go puinsh u people.

  10. chibunna

    April 24, 2013 at 11:55 AM

    changing our currency up &down can not solve our problem

  11. Ajunwa, Ogbonnaya Goodluck

    April 24, 2013 at 3:28 PM

    This is another way ha choro imepe anyi office n’isi. God, I no, no dey sleep. im go punish all of them. We wetin we go do kwanu if no be to sidon dey look, whaateva dem talk, na im we go do. but i no, God go act soon.If im no do am, citizens go help am.

  12. Collins

    April 24, 2013 at 4:26 PM

    Let watch and see as thing unfold.

  13. Gentle King

    April 24, 2013 at 8:59 PM

    My people let them do whatever they wishes. All I know is that all these things happening are the signs of the end time. Let Gods will be done.

  14. Jo

    April 27, 2013 at 6:48 AM

    You people shud leave d polymer currency like that for us…we like it. That fraud wey una dey plan go bounce!!

  15. Nkv

    April 27, 2013 at 9:15 AM

    It’s ok with me, I like coins also, they should make coins . U know my brother said he likes how Nigeria is,that if the govt. Is taking our money ,they are taking our problems also. And that is why i like Igbo people, they depend on no govt. .you guys should do yourselves good and stop with the negative words.ok

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