Meffy Has Launched New Naira Banknotes and We Have Questions

November 23, 2022

Nearly a month after announcing the plan to give naira banknotes a makeover, President Muhammadu Buhari and the Central Bank of Nigeria (CBN) governor, Godwin “Meffy” Emefiele, gleamed with pride when they unveiled the new ₦‎200, ₦500, and ₦1,000 notes on November 23, 2022.


Naturally, the redesigned notes were bound to stir reactions and Nigerians haven’t disappointed since the president launched them.

We have some very important questions Meffy needs to answer.

Who exactly redesigned these notes??

The only thing the designer did was to change the colours of the old notes and we’re a little bit confused. We want to know who’s responsible.

We just want to talk

What’s the real occupation of the designer?

We’ve seen these new notes and we can only assume it’s the tie-and-dye project of a secondary school student or a makeup artist experimenting with new colours.



How much will this redesign cost taxpayers?

Printing money is expensive and Nigeria spent about ₦281 billion on new notes between 2016 and 2022.

We need to know how much the CBN spent on this Snapchat makeover and how much the designer collected without conscience.





How much time did this even take?

Now that we think about it, it’s not a surprise the CBN fast tracked the unveiling date of the notes. We can clearly see the designer spent 10 minutes to find the right filter and submitted to Meffy for approval.

It’s the definition of soft work

Is this intentional?

Nigerians love to drip and display their wealth but these new notes are about to cramp our style. If Meffy’s plan to fight inflation is to release these ugly notes to stop Nigerians from having too much of it in circulation, then he’s an evil genius because it’s working.

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