Nigerian ridiculous cashless policy - bank charges for depositing and drawing your money.
John
Posts: 465
Nigerian central bank has just introduced ridiculous cashless policy in Nigeria that will penalize Nigerians for using the banks.
The policy has introduced deposits/withdrawal fees to the excess of 7.5% on Nigerians. So the central bank in other to pass the idea of cashless policy is now forcing Nigerians to obey by punishing people who don't buy the idea of cashless policy, right? So the central bank governor don't realize that the level of illiteracy in Nigeria will greatly affect people response to cashless policy! So imposing inhumane deposit/withdrawal charges that politicians will embezzle is the best way to pass the benefit of cashless policy to Nigerians, right? This is just crazy!
How I wish that every Nigerian will withdraw their money from banks to send warning to the central bank.
Anyway, I am not surprised because this is the type of policies you see in a third world country like Nigeria where politicians and office holders make ridiculous policies that keeps their countries in poverty.
You will never see this tyrant banking policy in developed countries like USA, Britain, Canada, Australia and others; only in Nigeria.
God save Nigeria.
The policy has introduced deposits/withdrawal fees to the excess of 7.5% on Nigerians. So the central bank in other to pass the idea of cashless policy is now forcing Nigerians to obey by punishing people who don't buy the idea of cashless policy, right? So the central bank governor don't realize that the level of illiteracy in Nigeria will greatly affect people response to cashless policy! So imposing inhumane deposit/withdrawal charges that politicians will embezzle is the best way to pass the benefit of cashless policy to Nigerians, right? This is just crazy!
How I wish that every Nigerian will withdraw their money from banks to send warning to the central bank.
Anyway, I am not surprised because this is the type of policies you see in a third world country like Nigeria where politicians and office holders make ridiculous policies that keeps their countries in poverty.
You will never see this tyrant banking policy in developed countries like USA, Britain, Canada, Australia and others; only in Nigeria.
God save Nigeria.
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