Coins: What it Should Mean to Nigeria and Nigerians

On why the nigerian Government has not introducedcoins in their respective countries. It was thought
the use of coins in the country remains an enigma.that the Central Bank of Nigeria would authorise
Last administration re-awakened the hopes ofpayment to customers consists of 2%.in coins to
Nigerians by announcing the re-introduction of coins.enable the circulation of coins in the countries. It is
This development has since failed. The introduction ofpuzzling that outside the country, Nigerian
N1 and 50K coins would have seen favourableGovernment officials are paid in coins but in the
equilibrium. This is just what the People of thecountry this is lacking. Let us realise that because it is
country have been waiting for positive impact in theirdifficult to buy certain items such as orange, sweet,
lives. Nigeria remains the only country known to mebiscuits and others with coins, inflation has accepted
where coins are not in use which is very rare if theNigeria as its permanent home. Let the Nigerian
economy of any nation is to be developed. Allauthorities concerned with money do something now.
neighbouring countries are known to value the use of