According to a CBN Statement, “that accursed Naira sign consists of a capital letter N crossed by 2 lines. Now we all know that N stands for Nigeria, but until recently we did not know that the two horizontal lines crossing the N represent the words ‘will never prosper‘ in British Secret Service code. So each time you write the Naira sign, you are cursing Nigeria; you are actually saying, ‘Nigeria will never prosper!’”

A New Naira sign, the Nigeria Rocks Naira, has been created by the CBN to replace the Naira Sign. The CBN Governor, Professor Charles Soludo, has presented a 10 billion dollar “Wipe Out That Naira” plan to help phase out the accursed Naira sign from all existing Naira notes, accounting records, school textbooks, notebooks, and websites in Nigeria and overseas.

He proclaimed, “the day we wipe out the last traces of that accursed Naira symbol, Nigeria will become a prosperous land flowing with milk, honey, and many many cookies!”

“That Naira sign is the single greatest obstacle that stands in the way of Nigeria’s progress. Why do we have ethnic rivalry that leads to bloody clashes every year? The Naira sign. What is responsible for the instability in the Niger Delta? The Naira sign. Why are our leaders corrupt? The Naira sign. Why are there so many Nigerian scammers? The Naira sign. Why is it that despite our oil wealth we have been unable to build a stable, secure and prosperous democracy? That accursed Naira sign!”

Various professionals have written in to say that the Naira sign doesn’t exactly mean “Nigeria will never prosper”. The accountants believe it means “Nigeria will never balance”. Engineers and mathematicians insist that it represents the “fundamental nullity of the Nigerian entity”. Most people seem to prefer the simple interpretation “Nigeria cancel“. But one fact is not disputed: that the Naira sign brings bad luck to this country and it needs to be phased out.

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aqua from Nairaland would prefer a Naira sign with a halo, representing the good work of the EFCC in dealing with corruption.