Channels Television
Channels Television
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N5,000 Note will kill production says Obasanjo

Posted

September 7, 2012

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Former President Olusegun Obasanjo on Thursday said the introduction of the N5,000 note would kill production and affect small businesses negatively.

Obasanjo, who spoke at a roundtable advocacy forum organised by the Institute of Directors, Nigeria, in Lagos, said the way the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, was fighting inflation by removing money from circulation was improper.

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Former President Olusegun ObasanjoDirectors NigeriaGovernor Central BankNigeria Mr Lamido Sanusi

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N5,000 Note will kill production says Obasanjo · Channels Television · Sentinel