Public affairs analyst Bala Kaka has advised the CBN to scrap other denomination other than the N200 note.
In his word Bala Zaka adviced the CBN governor Godwin Emiefele should use this opportunity of this naira scarcity to introduced N200 note as the only denomination that can be used,as this will reduced payment of ransom from kidnappers and and stop other criminal activities .
According to him considering the micro and macroeconomics interplay this is the best time to withdraw N1000,N500 out of circulation because we honestly don’t need them
N200 should be the nation’s highest denomination- Political Analyst
