Kevin Taylor has told Ghanaians that they must speak about Bank of Ghana phasing out those currency notes. According to him, what Bank of is going to do will forced Ghanaians to buy things at a high price in the country.
He said if care is not taken Ghanaians will buy a ball of kenkey for 5 cedis and a sachet of water for 1 cedis. According to him, people no longer value coins in the system and that is the reasons why 1, 5 and 10 pesewas coins have become useless denominations in the country.
"People placed more value on currency Notes than on coins psychologically.
Now that the Bank Of Ghana through the pettiness of Akufo Addo has decided to stop printing 1 and 2 cedis notes because of Kwame Nkrumah, be sure that things that, ideally prices of things that should have gone for 2 cedis will be increased to 5 cedis.
Already, the 1, 5 and 10 pessewa coins have become useless denominations in the system.
You either speak up now or you will be forced to buy a ball of Kenkey for 5 cedis very soon and buy 1 sachet water for 1 cedi" Kevin Taylor told Ghanaians today.
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