Destiny Etiko has aired her frustration about the circulation of the newly introduced Naira notes.


The movie star took to Instagram on Saturday to express fear about how this could impact economic activities.

She lamented about how difficult it is to source the new Naira, with vendors beginning to reject the old notes.

“You guys might think you can afford this and that. As it stands now, the rich also cry,” Destiny Etiko said.


“It’s not funny anymore. Yesterday I was with my friend. I don’t know what happened, probably she poured some water on her body. As she was about to bring out something from her pocket, our so-called new money came out.

“And what happened? [It] already stained her white. Stained! Why do our new naira notes bleach?

“Even the old money, you can’t even use it to purchase anything. No one takes it from you.


“The new money is not in circulation, everything is on the high side, even fuel is high.”

The CBN has had as a top project in recent months the redesign and circulation of the N200, N500, and N1,000 notes.

It said the decision to redesign the country’s higher denominations of currency was to address cash circulation problems.

The CBN said it would also end prolonged savings in piggy banks, cash hoarding, and money forgery.


But many Nigerians have since lamented that the newly introduced notes are hardly in circulation.

This is as January 31 has been set as the deadline for the validity of old Naira notes.

The CBN has since debunked claims about the scarcity of the new notes.

In Lagos, many citizens have been thronging ATMs to access the new notes, with old ones still in circulation.


But the apex bank insists that it massively supplied banks with the new currency to disburse to their customers.

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