Apostle Hayford Alile, the Spiritual Leader of St. Joseph’s Chosen Church of God, (International), is the former Director General of the Nigerian Stock Exchange. He is of the opinion that the N5000 note is not and should not be Nigerians priority. According to him, the CBN research institute is the best institute in the world and it should be handled with care.

First and foremost ,I think it is ill advised and the Central Bank of Nigeria has come up with contradicting policies. I say so because we are pushing the cash less society policy already, and it took time for Nigerians to accept the cashless policy and they have adjusted to that and are loving it.

Again, the Central Bank of Nigeria Governor Mallam Sanusi Lamido has come under serious attack following his proposed plans to introduce N5,000 note and coining of lower denomination. However a panoramic view of Sanusi’s previous policies since he mount the saddle of the CBN, shows, that the Moslem scholar has never had smooth ride.

Since the CBN announced plans to introduce N5, 000 note and coining of lower denominatrions of N5 , N10 and N20, Nigerians appear to go weird over the policy.

When a swarthy man beckons you into a dimly lit alley, you would do well to walk briskly away. But in reality, you might be losing an opportunity to discover a delightful but out-of-the-way small restaurant. Fear and uncertainty about what would happen next, good or bad could be unpredictable.