CBN opposes Suit to remove Arabic Inscriptions from Banknotes
The Central Bank of Nigeria (CBN) has opposed a suit before the federal high court in Lagos seeking to remove Arabic inscriptions on the naira notes.
CBN informed the court that it will cost a lot of money to discard existing notes and print new ones without the inscriptions.
The apex court also argued that Ajami is not a symbol or mark of Islam, but an inscription to help non-English speakers who are Ajami literate.
The apex bank made the submission in a counter-affidavit to a suit filed by Malcolm Omirhobo, a Lagos-based lawyer, before Mohammed Liman, presiding judge over the case.
Wheather it will cost a lot of money or not is not an excuse
The right thing should be done as simple as that
Over to you God, because we couldn’t understand where we are heading to.
Let us wait for the pronouncement of the court.
Is there anything wrong with what writing on the naira note? Instead of using the money for orphanage people.
Removing the Arabic and start printing another money in this COVID-19 era, I don’t think is possible.
then what is the meaning of the insription on non arabic speaking country
I wonder ooo… Is Arabic our official language or what is it doing there in the first place…
When una put am una no know before
Nonsense… What the essence of discarding the current note and wasting fund to print a new one without its value changing
Hmmmmmmm
That will be a good idea o, maybe its the Arabic writing that made Nigeria currency valueless.
U guys won’t fight for our money to get value, unreasonable people
That’s a very weak defense: the cost of print shouldn’t prevent the government from right action in the interest of the people and the nation. In fact that’s isn’t an excuse either, from the next print remove the inscription in the best interest of one nation.
meaning what they should remove it it will not cause any money u people re lying
Please they should romove that thing, why will they oppose it.
Will removal of the Arabic inscription boost the value of Naira or will it improve the economy? There are more issues to address than this lalalalalalalalala
There is no bad thing abt the inscription cha
To me I see nothing wrong with it as well
There is no money in the country and you’re talking of discarding that will lead to lots of fund to reprint a new one.
No it’s not fair at all