International Research Journal of Education and Technology

The study focused on redesigned naira notes and their impact on the common man in Calabar Metropolis: the following research questions were posited; To what extent have the populace of Calabar metropolis been sensitized on the redesigned naira notes policy? What is the relevance of this policy to our economy? What are the challenges the common man faces in implementing this policy? The study adopted a descriptive research design with a total population of 500 respondents from different ATMs, POS and banking halls in Calabar metropolis. A total of 20 money points were used which included 9 banks, 7 ATMs and 4 POS from each of these money points, 25 respondents were randomly selected making a total population of 500. From this number, a sample of 250 representing (50%) of the estimated population was used. The instrument for data collection was a questionnaire which the researcher constructed and validated by two experts in measurement and evaluation. A four-point Likert scale of Strongly Agreed, Agreed, Disagreed and Strongly Disagreed was used for the questionnaire items. Data collected was analysed using mean and standard deviation. The findings revealed that the majority of the populace of Calabar metropolis revealed that they have not been sensitized to the redesigned naira notes policy. It was also agreed that the relevance of this policy to our economy? The majority of the respondents have major challenges faced by the common man in the implementation of this policy. It was recommended among others that

Keywords: Redesigned, naira notes, the common man and  Calabar Metropolis