Uncle P
700 posts

Uncle P
@fullystacky
Start Up focused on Data Analysis, Copy Writing, Proofreading, French/English Translation, Wikipedia & Computer Engineering.
Remote Katılım Haziran 2024
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Uncle P retweetledi
Uncle P retweetledi

To: The Governor
Central Bank of Nigeria (CBN) (@cenbank)
Subject: Concerns Regarding Proposed ₦5,000 Banknote Introduction
Dear Sir,
We write to express our deep concern regarding credible reports of the Central Bank of Nigeria’s plan to introduce a ₦5,000 banknote.
We understand the possible rationale behind such a move, particularly in light of currency management and transactional efficiency. However, in the current economic climate, this proposal raises serious concerns. Introducing a higher denomination note in an inflationary environment risks further accelerating inflation, weakening purchasing power, and reinforcing public perception that the naira is rapidly losing value.
At a time when Nigerians are already grappling with rising costs of living, this policy could signal monetary accommodation rather than discipline. Historically and globally, higher denomination notes tend to follow inflation rather than solve it. As such, this move may exacerbate the very problem it appears to address.
More troubling are reports that this proposed note is intended to feature the image of Bola Ahmed Tinubu (see attached mock-up) and is scheduled for release in the fourth quarter, just ahead of the election cycle. If true, this raises serious ethical and economic concerns. The timing and symbolism could be interpreted as politicizing the national currency, undermining confidence in both the Central Bank’s independence and the integrity of Nigeria’s monetary system.
We have also received information from credible sources indicating that this project is already well underway, including the awarding of a foreign printing contract reportedly valued at levels comparable to previous large-scale currency printings. If accurate, this suggests that significant steps have already been taken without adequate public discourse or transparency.
Nigeria’s economy is at a fragile point. Policy decisions of this magnitude must prioritize stability, credibility, and long-term value preservation of the naira. Introducing a ₦5,000 note under these conditions risks sending the wrong signal to both citizens and international observers.
We respectfully urge the Central Bank to reconsider this policy. Strengthening the currency, restoring confidence, and addressing the root causes of inflation should take precedence over introducing higher denominations.
Nigeria does not need a bigger note. It needs a stronger naira.
Thank you

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Uncle P retweetledi
Uncle P retweetledi

When they need help they post Raphinha, when it’s time to win the Ballon dor they post Lamine Yamal
𝐍𝐚𝐮𝐭@nautfcb
he never would’ve let this happen
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Uncle P retweetledi
Uncle P retweetledi

In a world full of promises and empty words, some leaders rise above the rest. These two politicians have shown courage, vision, and commitment to the people, not just to power.
They don’t just talk; they act. They don’t just serve themselves; they serve the masses. Their leadership stands out because it’s rooted in integrity and results.
The world should know our stand, and this is where we stand. ✊
Spread the word, you are free to copy.
#AriseAndShine #VoiceOfThePeople #ExceptionalLeaders

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Uncle P retweetledi

@VictorManjul Yoruba pastors/celebs defending an incompetent yoruba govt.
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Uncle P retweetledi

@fullystacky @Nwa_No4 @6uff_ Maybe you are blind but this image was generated by AI and you know how AI works .
Why would he even wear fila 🤮
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Uncle P retweetledi
Uncle P retweetledi

@FolushoxFolarin Rule #1 of Nigerian X:
If they wear a suit as the pfp. They are dumber than a rock.
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I had a conversation with a serving SSA to a South East APC governor a few days ago.
He told me clearly he will not vote for Obi or Atiku or ADC cos he and his Governor are ready to work against ADC, especially if Peter Obi is on the ticket.
According to him, “these people are useless, clueless and irresponsible.”
That says everything.

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Good morning. Today we continue the protest to #OccupyINEC and continue the status quo anti bellum😂
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@ejykmykel1 @endbadgov2024 Supporting their yorugba brother obviously.
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