The only way to prevent currency notes hoarding is to go digital money.

H
hahket
The maximum cash a bank can pay out shouldn't be more than N50,000.00 (fifty thousand naira only) and that should be in a month. What is more, the possession of more than N100,000 should be a criminal offense which should trigger onions of  investigations and a jail time upon guilt. 

Except you're a petty trader, cash is the offspring of crime. We need to get serious with crime in this land. All societies that are serious about making progress criminalized cash ages ago!

But watch out! 
This means you cannot give people 5k to buy their votes and nobody can ask the contractor to bring his cut in cash anymore. There are people who don't want that and it if they are the ones pulling the levers of power, they will still win out and cash will continue to rule. The pig will go back to its wallows, the dog to its vomit.

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