A Nigerian legal practitioner in Lagos, Olumide Babalola, has asked the federal high court to stop banks in Nigeria from deducting any charge for card maintenance from their customers.

The lawyer contended that the Central Bank of Nigeria (CBN’s) recently introduced N50 quarterly fee was exploitative and inimical to peoples’ economic interest.

Babalola filed a civil suit in which he asked the court to declare unlawful the December 20, 2019 directive by the CBN to the Nigerian banks and non-bank commercial institutions for the enforcement of the card maintenance charge, saying it was in bad faith and not fit to be sustained.

According to him it was just “an avenue to generate income for commercial banks at the expense of the public.”

He said he was not aware of any instance where debit cards issued by the banks are maintained by the banks in any way, arguing that once a card refuses to functions, banks almost always issue a new one, which the customer pays for. He queries and demands to know the point at which banks maintain debit cards for their customers.

https://judicialsketch.com/2019/12/30/nigerian-lawyer-challenges-cbns-card-maintenance-charge-regime-in-court/

It is well, I am paying bank 50 naira to maintain card that is in my wallet.

Gud

Me I got different kind of charges and all with their Tax charges also.
I'm just here waiting for someone to win case similar to my own, FCMB don finish.