Friday, 7 September 2012

OBASANJO REJECTS N5000 NOTE, SAYS IT WILL KILL SMALL BUSINESSES Opponents of the introduction of N5000 notes into the Nigerian economy got a strong supporter yesteday as former President Olusegun Obasanjo condemned the policy saying that the new N5000 note will kill production and small businesses. Obasanjo spoke at a forum in Lagos. He cautioned the Central Bank of Nigeria against the move. He said that the way the CBN is fighting inflation is not good. He advocated for more opportunities for small businesses to thrive. Footnote: Punch.

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