And the looting begins all over again

This policy is daylight robbery. I tranfered money from one of my account to another and FCMB slammed that N50 stamp on the deposit slip. They also deducted 216 naira in a day for SMS charges. Why is this government making this difficult. The banks are reaping customers off with no organ of government supervising these illegal deductions.

The value of the naira has fallen, interest rate in banks remain high, cost of foodstuff and living rising by the day and we are being taxed on all fronts. This government is gonna make life difficult this year

I think charge should be 1% on transaction of N1,000 or higher for individuals and 1.5% for medium to large firms with certain minimal turnover.

A person transacting N1,000 is charged N10.

A person transacting N100m is charged N1m

The super-rich must be made to pay their fair share.

drshrewd:
very creative policy with minimal burden yet with so much return____close to a trillion naira a year. trust Buhari to utilize those monies unlike my stealing is not corruption brother

President Buhari is yet to do enough to earn such trust of many. His time is fast running out.

GenBuhari:
I think charge should be 1% on transaction of N1,000 or higher for individuals and 1.5% for medium to large firms with certain minimal turnover.

A person transacting N1,000 is charged N10.

A person transacting N100m is charged N1m

The Super-rich must be made to pay their fair share.

Its one thing to increase the tax budden on the people with more promises. Yet its another thing to actually using more revenue generated for the purposes meant for.

Why do you guys keep saying salary accounts are excluded? As a matter of fact all types of accounts are involved!

However SALARY DEPOSITS by your agency (not salary accounts) will not be taxed. Digest this info slowly!