Apostle Suleman Compares N1,000 Note To $100 Note

Nigerian clergyman, Apostle Johnson Suleman has made a comparison between the N1,000 note and the $100 note. The General Overseer of Omega Fire Ministries Worldwide posted a photo of both notes on Twitter, noting that the dollar note which has one individual printed on it is more valuable compared to the naira note with two individuals on it.

He said, “And someone still believes in ‘2heads is better than one’? Mtcheeew.”

Suleman’s comments come in the wake of reports that the naira note has fallen to N900 in the black market following an announcement by the Central Bank of Nigeria (CBN) to redesign the N200, N500 and N1,000 notes.

According to the CBN, its decision to redesign the notes stems from the fact that there is too much money in circulation and less in bank vaults.

Meanwhile, the Economic and Financial Crimes Commission (EFCC) recently raided some bureaux de change centres. The agency did not state its reason for the move. It is however believed to be connected to the free fall of the naira.