New Currency to be in circulation next year- Sanusi Lamido

A new currency – N5,000 note – will go into circulation next year, the Central Bank of Nigeria (CBN) said yesterday.Three denominations - N5, N10 and N20 – are to become coins.The 12 currency structure of the naira will now be six coins and six bank notes.The coins are: N50k, N1, N2, N5, N10 and N20. The banknotes will be in N50, N100, N200, N500, N1,000 and N5,000. CBN Governor Sanusi Lamido Sanusi who announced the plan yesterday said the new coins and the N5,000 banknote were introduced as a result of “inflationary pressures”. Can someone give us the advantages of this? What effect will this have in the land?