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What would have happened if Nigerians experience this? - Foreign Affairs - Nairaland

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What would have happened if Nigerians experience this? by Theultimate(m): 2:27pm On Nov 09, 2016
It is midnight and about 30 people are preparing to settle down for the night on the streets of Zimbabwe's capital, Harare.
Their floral fur-pile blankets are spread out over cardboard boxes on the cold, hard pavement. The women are on one side, the men on the other.
But these are are not homeless people.
Some are security guards, traders, and even an accountant and a psychologist and this is a bank queue.
"We are forced to sleep here because if you don't, you wont get any money. I have tried coming at 4am but it's a waste of time," says a woman who chose not to give her name. Next to her, her seven-year-old daughter is fast asleep.

"Only those that are first in this line will get money. Banks are limiting the number of people they pay out. "
She holds out a green piece of paper with the number 10 written on it - her place in the queue.
A group of unemployed young men are distributing numbers. By midnight they have already given out 200.
One called Muchekadzafa confesses they keep some numbers back and sell them to those who don't want to sleep in the queues for $1 each.
"It's an opportunity to survive, because we don't have jobs," he says.
Zimbabweans are going to extraordinary lengths to withdraw their savings. Often, it's an agonising wait with no guarantees.

Banks are open 08:00-15:00 on weekdays and 08:00-11:30 on Saturdays.
The previous day the first 165 people received money at this bank. The others came back the following night and they withdrew $50 (£40) each. They are back again.
Banks have gradually slashed withdrawal amounts over the past year, from $2,000 a day to $100.
But most people are not lucky to get anything at all.

Running out of money.

Seven years ago the southern African country abandoned its local currency, which had been made worthless by inflation rates that reached 231 million per cent, and adopted a basket of currencies, mainly the US dollar.
The policy change wiped out the Zimbabwe dollar savings overnight, but helped stabilise the economy.
Now industries are failing to produce enough goods, imports are outpacing exports and the country is running out of money, again.
The central bank has announced plans to introduce a new surrogate currency within the next month but no date has been announced.

www.bbc.com/news/world-africa-37910072

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