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  Following the release of newly redesigned 200 Naira, 500 Naira and 1,000 Naira notes by President Muhammadu Buhari and the governor of Central Bank of Nigeria, Godwin Emefiele, thousands of netizens have reacted.
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The much-touted naira redesign has sparked controversies among thousands of social media users on Twitter NG and Facebook and other platforms. For some Nigerians, it was an ambiguous project which was unnecessary as there was no specific design rather than just a change of colour. A Facebook influencer, Nelly Abugu, reacted thus:
“Your thoughts on the redesigned 1000, 500, and 200 naira notes? To me, I feel it wasn’t “redesigned” it was colour changed if it’s true …”
  Human Rights activist and presidential candidate of African Action Congress (AAC) Yele Sowore, stated on his official Facebook page that,
“If there’s any monetary policy that the naira needed, it’ll be to revalue it and not to redesign it.”

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According to renowned columnist and author, Abubakar Adam Ibrahim,
“Is this redesign or just a waste of time? We might as well just dip the old notes in dye and hang them to dry. These ones will still not have the value of the old 10, 20 and 50 naira notes they mimic.  Is this a yay or  a nay for you?” Another netizen Jerry Simon wrote, “Green, red and blue …. easy for coded description. Nothing much changed joor. For me, it is the intent behind the redesign.”
Balarabe Abubakar Hussaini said, “Well, it’s a welcome development, and kudos to the C.B.N. However, this can not be tagged as “redesign currency” preferably as “renovated currency” because all the design features in the old currency are present in the so-called new currency except the colour shade that was changed.”
  Twitter NG was not left out as many tweeps took to the microblogging space to air their opinions.  
@Oil_Shaeik tweeted: “Nobody can tell me that the new Naira redesign was not intended at forcing people to deposit their monies into the banking system. It worked.”
@DelawGrafix tweeted: “Instead of the full colour design they only remove magenta from 1000 and leave black, yellow and cyan. Then 500 they remove black and leave little magenta, yellow and cyan. 200 has just magenta all through. They didn’t redesign any currency here oo kai Naija my country.”
  Sheu Sani, a former lawmaker tweeted that
“If it’s Naira colour, the CBN should have just engage Snapchat.”

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@EssienTruth tweeted: “What’s this? Is this the redesign? Making it look blurry and archaic? Of course, it’s suicidal to expect anything good or exceptional about this government.”
@drpenking tweeted: “These people just dipped the old Naira notes inside Hypo bleach 3 times, made some incantations and poured libation, then called it new Naira notes. God will judge Emefiele.”
  On-air personality, Sandra Ezekwesili of Nigeria Info 93.3, asked on her show, Hard Facts,
“If the only change is a colour change, doesn’t that mean that someone who already knows how to forge the old notes just has to learn to add colour?”
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This article was first published on 26th November 2022 and updated on November 29th, 2022 at 2:44 pm


Nnaemeka is an academic scholar with a degree in History and International Studies from the University of Nigeria, Nsukka. He is also a creative writer, content creator, storyteller, and social analyst.

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