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HomeEconomy₦700,000 New Naira Notes Sold For ₦1m At Party — BBNaija’s Whitemoney

₦700,000 New Naira Notes Sold For ₦1m At Party — BBNaija’s Whitemoney

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Season 6 winner of Big Brother Naija Whitemoney has expressed dissatisfaction with the lack of availability of the redesigned naira notes in banks.

The reality TV star and singer bemoaned the rarity of these newly introduced notes, wondering how some ‘black marketers’ were able to secure them which they sell at incredulous rates to interested buyers.

In an insta story video, Whitemoney claimed he recently witnessed N700,000 of the redesigned notes being sold for N1m at a party.

While hailing the country as the best ever, the 30-year-old media personality blamed the scarcity of naira notes as well as other unwholesome practices on corrupt individuals manning those sectors.

”Nigeria is a beautiful country. It’s the best country ever, I promise you. We just have corrupt people handling the sectors that serve human purposes. Every sector is just corrupt,” he began.

“Because, how do we explain that there is no money in the bank, both new notes and old notes, not in the bank

“And then I got to a party and I saw bundles of mint, ₦200, ₦500 and ₦1000. Who is selling this money to these people? Who’s giving them?

That is not even the worst part. The worst part is that this money is expensive as hell.

700k was selling for N1M naira with 300K gain on it. We are our own problems. Certainly!”

Source: thenigerialawyer

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