Photos: Some petty traders ignorant of the new 100 Naira Note in Lagos

A source whom I am very familiar with told me that some Nigerian traders in Ijora, Apapa, Lagos are refusing to accept the new 100 notes, saying the money looks like a foreign currency and that the federal government have not announced its collection yet.

It may be recalled that the new note was unveiled by President Jonathan on Nov. 12th at the state house during an Federal Executive Council meeting and speaking on the new notes, Central Bank governor, Mr Godwin Emefiele said the notes will be in circulation from December 2014.

I think at this point, the FG need to create more awareness as regards the collection of the new note because not every Nigerian is aware of the new development....

See the back side of the new 100 note below.