phantom24:
The govt. knows the right thing but they'll never do it because they don't really care.

CYBERWEAVER:
How many Aboki on the street has a bank account, Buhari won't feed stranger like Igbo and Yoruba leaving his people behind because they don't have BVN

Echieteka50:
[s][/s]

you're talking bullcrap as usual

What's the big deal registering those without bank accounts
how many minutes will it take and does it require bogus documents

nowadays it takes not less than 20 minutes to get a working bank account and takes not less than 30 minutes to get a Bvn

now tell me do we need any law to register those without account and get them a working Bvn?

but those people have a working PVC and I guess PVC are not done electronically?

Mr man or woman stop talking like an Illiterate

you people are thieves and it's just a matter of time before una go regret am
bunch of criminals
once again
na Ogun go kill una las las

YOUNGELDER1:
It will only lead to inflation..

A loaf of bread might be sold for 500 naira or even 1000..

AgentNairaland:
Not All APChit Members Get BVN Mostly The Almajiris And Afonjas

YOUNGELDER1:
It will only lead to inflation..

A loaf of bread might be sold for 500 naira or even 1000..

StrikeBack:
but when it's time to vote, you'll see them with voters card

hisexcellency34:
Why can't Buhari's government give stimulus packages to Nigerians through our bank accounts, especially those linked with BVN?

Even if you have 5 accounts, you have just one BVN,so it makes it easier. They can liaise through the banks and do this. And it's not their business whether anyone has millions in his account. Give it to everyone, if you feel it's too small, you can give it to the poor.

valirex:


For your mind now you be economist. If you are sensible you should know that law doesn't apply here, 20k each us what will cause inflation?

AgentNairaland:


Take one and give others

AgentNairaland:


Take one and give others

YOUNGELDER1:
It will only lead to inflation..
A loaf of bread might be sold for 500 naira or even 1000..

YOUNGELDER1:
It will only lead to inflation..

A loaf of bread might be sold for 500 naira or even 1000..

kikero:


1. Because only 40% of Nigerians have bank accounts, which means the majority of Nigerians don't have bank accounts.(118 million according to the World Bank)

2.Most Nigerians don't have access to a bank or banking services. In the rural areas in particular , one is lucky if one has a bank branch there. Many rural areas don't have branches of banks, and that's where most of the people in need live.

As an example, I lived in a urban center in this Nigeria, and within walking distance of my flat, I could get to 5 branches of different banks , all with ATM machines, at least one of which was functioning at any given time, sometimes all of them, and near where I work, there are several bank branches with ATM

Meanwhile, the rural area where I did my NYSC, there was no bank. The nearest bank branch was 30 minutes by motorcycle away, in the LG headquarters. The nearest branch of the bank I was using with ATM was an hour away by car.(And it was in the South East by the way).

The(Northern) village where I worked after NYSC was lucky to have a bank there (It used to also have a microfinance bank there as well, but they had closed shop when I started working there). The village was a LG Headquarters, which is probably why it had a bank branch

Even in the cities, banks cluster around the profitable parts of the city. In the poorer parts, you won't see too many banks.

So if government gave people palliatives via the BVN, the people who need it most won't benefit from it.

Modified

If we want to make sure everyone gets some palliative, we should have a law where banks are ordered to give every Nigerian a bank account so that we can fund everyone with palliative via BVN

Thanks.

Echieteka50:
[s][/s]
and who told you those with bank accounts don't need it most?
what's the big deal registering those without account and Bvn how many hours or days will it take?
NYSC do register people with new accounts for allawee
what stop government from registering those without bank accounts and Bvn for possible and credible transfer then send banks to their remote villages with POS transactions
but at the same time they can register and dish out PVC even to those living in evil forest

Useless looting people
na Ogun go kill una las las

Chimok:
My broda your MUMU worst. 20k is too much money in circulation. u should be locked up in a cave, thats where people like u belongs

YOUNGELDER1:
It will only lead to inflation..

A loaf of bread might be sold for 500 naira or even 1000..

Deathisfree:



Bros economist. Please explain why there’s no inflation rate in the USA (giving some household about $2500+ )

hisexcellency34:
Audio eggroll. You must be a member of APC

Deathisfree:



Bros economist. Please explain why there’s no inflation rate in the USA (giving some household about $2500+ )

Bluntguy:
What is N20,000 compared to what they have been looting? Let no one credit my account with such an amount o. Make dem eat alone and die alone abeg. I no want.

YOUNGELDER1:
It will only lead to inflation..

A loaf of bread might be sold for 500 naira or even 1000..

SamJed:
It is because the poor of the poor do not have bank account. Secondly, according to the recent data, the people up the map have a greater percentage of poor people and at the same time, a greater percentage of them to do not have bank accounts meanwhile it's the reverse down the map. As a result, if money is shared via bvn, it is the people down the map that will benefit massively and trust me, your government do not want that. They prefer using concocted data so as to give more to that side.