By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: How My Late Father Lost All His Money During 1983 Naira Change – Trader
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | How My Late Father Lost All His Money During 1983 Naira Change – Trader

Metro

How My Late Father Lost All His Money During 1983 Naira Change – Trader

Tapre Timine
Tapre Timine
Published: March 22, 2025
Last updated: March 22, 2025
2 Min Read
Share
How My Late Father Lost All His Money During 1983 Naira Change – Trader | Daily Report Nigeria
SHARE

A grain seller has recalled
how his father lost all his money in 1983 during a currency change under President Muhammadu Buhari’s military rule.

The grain seller in Dada village in Zurmi Local Government, Muhammadu Isa made the revelation to Punch while explaining why he stopped selling grains in the Nigerian currency.

He said that he sold only to those who possessed CFAs to avoid losing money as ‘’my father did in 1983 when the naira notes were hurriedly changed by the then Major General Muhammadu Buhari regime.’’

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Isa stopped selling his trade in Nigerian currency after the Central Bank of Nigeria, CBN unveiled its new naira note policy.

The grain trader further insisted that he would not accept the old naira notes as there was no bank or Point of Service terminal in his community where he could withdraw the new currencies.

He said:

“You see since our people and those from the Niger Republic are coming to buy the grains with the CFA, I see no reason why I should collect old naira notes.

“If anybody wants to buy grains from me, he must pay in CFA or forget it. I will not collect old naira notes because I don’t know what to do with them after the expiration of the deadline.”

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

INEC Pushes for Legal Backing on Inmate Voting Rights | Daily Report Nigeria
INEC Pushes for Legal Backing on Inmate Voting Rights
Politics
Police Explain Continued Detention of Sowore | Daily Report Nigeria
Police Explain Continued Detention of Sowore
News
Alejandro Garnacho to Chelsea Draws Closer with Personal Terms Agreed | Daily Report Nigeria
Alejandro Garnacho to Chelsea Draws Closer with Personal Terms Agreed
Sports
Patrick Doyle Backs Fuji Star K1 After Airline Confrontation, Shares His Own Experience with Difficult Airport Staff | Daily Report Nigeria
Patrick Doyle Backs Fuji Star K1 After Airline Confrontation, Shares His Own Experience with Difficult Airport Staff
Entertainment
Seyi Sodimu Hails Wande Coal as Afrobeats’ Most Talented, Credits Him for Inspiring Wizkid and Davido | Daily Report Nigeria
Seyi Sodimu Hails Wande Coal as Afrobeats’ Most Talented, Credits Him for Inspiring Wizkid and Davido
Entertainment

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Notorious Kidnapper, Wadume, Sentenced To 7-Years’ Imprisonment | Daily Report Nigeria
Metro

Notorious Kidnapper, Wadume, Sentenced To 7-Years’ Imprisonment

March 19, 2025
Casualties as Protest Rocks Lagos Over Naira Scarcity | Daily Report Nigeria
Metro

Casualties as Protest Rocks Lagos Over Naira Scarcity

February 10, 2025
Pastor Fakes Own Kidnap, Collects N600,000 Ransom From Members | Daily Report Nigeria
Metro

Pastor Fakes Own Kidnap, Collects N600,000 Ransom From Members

February 15, 2025
Many Injured as Fire Gut Nigerian Law School in Lagos | Daily Report Nigeria
Metro

Many Injured as Fire Gut Nigerian Law School in Lagos

January 11, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?