I heard someone said they should coin N5000. Remember that denomination will be the currency for business. If N5000 is in coin you would need a tow van or a crane to lift a trunk box filled with the money. So Central Bank will have to place order for special aircrafts to distribute currency to its branches across the land.
For those who think the currency is demonic or satanic, what can I say? That is indolent thinking. They should wake up. But strict commodity pricing or price control will not work in a free economy. It will lead to scarcity of essential commodities and create a black market.
All these are shallow arguments without empirical facts to back them up. How is it that Nigerians do not like using coins, yet they used it from as far back as the 1940s to the 1990s?
After they messed up everything, the same Oracle(Alan Greenspan) that said few years ago that markets are disciplined enough to self-correct which gave people the false confidence to relax have now accepted that they were all wrong.