The money budgeted for the designing these notes are the targets for the people who are in charge. I can mainly say the reason why we have so much billions going into the designing is because of the aspect of embezzlement. Government personnel wants embezzle at their own affordable point, if not, redesigning is not a monetary policy that would help appreciate the naira. It's a crazy country we live in.
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It's really crazy how they are after how to get their pockets filled rather than trying to help the economy of the country. It's just like when a person takes loan from the bank just to go for clubbing.