- The new naira notes redesign which was unveiled by President Buhari has been slammed by some Nigerians on social media
- According to them, what the Central Bank of Nigeria succeeded in doing was mere colour change and not redesign
- They consequently accused the federal government of wasting money on a redesign that makes the naira look fake
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Recall that President Muhammadu Buhari on Wednesday, November 23, unveiled the new naira notes before the Federal Executive Council (FEC) meeting at the state house, Abuja.
The new notes presented to the public are 1000, 500 and 200 naira, Vanguard Newspaper reports.
According to many Nigerians on social media, what the federal government did should not be called naira redesign but colour change. They accused the government of wasting money on a redesign that did not come out well.
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Reactions of Nigerians to new 1000, 500 and 200 naira notes
"These so called new notes are a misprint that came in Magenta wrong photo settings and they have produced billions and fid not know how to get rid of the notes so they have have to pretend it's new and push it into the system period. What a fraudulent scam on Nigeria."
Olisa of Igbo-Ukwu:
"Is English this hard? This is not redesigned; it's colour change. All designs, font type and positions are the same. Please if am wrong, a professionally designer should correct me. All I can see is colour change."
"Arrant nonsense, the colour is so childish. I will never touch this note in the next 10 yrs until it’s changed."
"When people who don't have anything to offer are elected... such is the result."
"This just looks like filters were added in the pictures. There’s no change whatsoever. Really poor."
"So the redesign is all about changing the color? I’ve checked the 1000 with old note and there is zero difference. So this regime failed to remove the Arabic inscription in our Naira notes. APC days are numbered, if APC rig 2023 election it will be disastrous."
"Confused people's colours. Anyway, Thank God for the new designs. Now, let @cenbank stick to the deadline for returning all the old notes to the bank. Anyone who keeps the old notes beyond January 31, 2023; should use it to sew clothes for himself. Our votes must count."
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"This will be the most confusing thing ever. A currency redesign like this should be distinct and outstanding. These notes look like the former notes that escaped the printer without one of the component CYMK colors. It is a lazy joke."
"This new design just made scammers who make fake naira notes richer, and lots of vendors and shops will reject this money immediately because they think it's fake."
"50naira and 1000naira have the same color, 200naira looks like 10naira and there's a hint of 20naira in the 500naira. Probably the same person or group was used for both the redesign of these currencies."
Naira redesign: Nigerians question Ajami sign in the new currency
Following the unveiling of the new naira notes, some Nigerians have once again questioned the retention of the Arabic symbol on the new naira notes. The Arabic inscription on the naira notes is called Ajami, an Arabic-derived African writing system.
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"New Naira will be unveiled today. We don’t speak Arabic language here but have it inscribed in all our currency. Forcing Islamic nation on us all."