Islie:
•Say CBN’s policy will hurt rural dwellers

•Claim cash limit may set masses against president




https://thenationonlineng.net/governors-reject-naira-withdrawal-limit-offer-to-meet-buhari/

LeoDeKing:
Paint it the way you want, this policy is very wrong. You can't just go copy one system from Europe and impose it on us without taking note of the structures on which they were built in that Europe.

Network is even the main challenge here, why not get at least 90% perfection on this first? Imagine after shopping in the mall, you either make a transfer or use the POS only for the money to get stucked, call the bank, they tell you to wait for 5 working days before reversal.

Secondly, why punishing over 200 million Nigerians because of less than 10k politicians? Recently, the cbn says there are over 1.4 million pos agents nationwide, with 20k daily maximum withdrawal limits, how can they continue their business?

This is just a tip of the Iceberg on the attendant issues with this policy, there over 100 other cases that are yet to be noticed and will largely affect SMEs which this govt claim to be its main apostle.

And for those thinking they are doing Tinubu, I just dey laff.

Anyway, what do I know?

onatisi:
it will destroy the economy, you are ok because you are in a city where there is telecom networks, atm, pos and you have the luxury of being educated. there are many who are in remote areas where the network is very bad, how will they transact? how will food sellers going deep into rurarl areas pay farmers when even ppl in the cities are rejecting the new notes / we don't have the infrastructure yet to do these things.

LeoDeKing:
Paint it the way you want, this policy is very wrong. You can't just go copy one system from Europe and impose it on us without taking note of the structures on which they were built in that Europe.

Network is even the main challenge here, why not get at least 90% perfection on this first? Imagine after shopping in the mall, you either make a transfer or use the POS only for the money to get stucked, call the bank, they tell you to wait for 5 working days before reversal.

Secondly, why punishing over 200 million Nigerians because of less than 10k politicians? Recently, the cbn says there are over 1.4 million pos agents nationwide, with 20k daily maximum withdrawal limits, how can they continue their business?

This is just a tip of the Iceberg on the attendant issues with this policy, there over 100 other cases that are yet to be noticed and will largely affect SMEs which this govt claim to be its main apostle.

And for those thinking they are doing Tinubu, I just dey laff.

Anyway, what do I know?

LeoDeKing:
Paint it the way you want, this policy is very wrong. You can't just go copy one system from Europe and impose it on us without taking note of the structures on which they were built in that Europe.

Network is even the main challenge here, why not get at least 90% perfection on this first? Imagine after shopping in the mall, you either make a transfer or use the POS only for the money to get stucked, call the bank, they tell you to wait for 5 working days before reversal.

Secondly, why punishing over 200 million Nigerians because of less than 10k politicians? Recently, the cbn says there are over 1.4 million pos agents nationwide, with 20k daily maximum withdrawal limits, how can they continue their business?

This is just a tip of the Iceberg on the attendant issues with this policy, there over 100 other cases that are yet to be noticed and will largely affect SMEs which this govt claim to be its main apostle.

And for those thinking they are doing Tinubu, I just dey laff.

Anyway, what do I know?

onatisi:
it will destroy the economy, you are ok because you are in a city where there is telecom networks, atm, pos and you have the luxury of being educated. there are many who are in remote areas where the network is very bad, how will they transact? how will food sellers going deep into rurarl areas pay farmers when even ppl in the cities are rejecting the new notes / we don't have the infrastructure yet to do these things.

God1000:
They should mount pressure on president buhari and CBN to reverse this policy abeg.


But i hope they are not doing this for their own selfish interest sha because elections are coming and these governors will like to spend their slush funds without hindrances

ayenale1:
That policy has come to stay...bubu will not answer them...

another1:
I wish this 20k daily withdrawal will stand.

imadiyi:

Onatisi, the chief economist of Nigeria. Na you know economic policy pass for Nigeria; you know pass all CBN hierarchy. Do you know the number of persons (economists, bankers, policy makers, accountants, data analyst etc) that sat down to discuss it out, before implantation.

How many renowned economists, bankers, policy makers, etc have come out openly to criticize this policy.

Lovenorth:
Who is preventing you from doing transfer?

bluefilm:


Is there ever a right time to do anything in your country?

You guys are always resisting every policy the government wants to put in place.

You guys keep on giving excuses why so, so and so cannot happen in your country meanwhile you keep comparing your country to those other countries where such policies are working out fine.

See, lemme tell you something, the best time to do something is NOW.

Islie:
•Say CBN’s policy will hurt rural dwellers

•Claim cash limit may set masses against president




https://thenationonlineng.net/governors-reject-naira-withdrawal-limit-offer-to-meet-buhari/

Indispensable85:
Very useless policy

Sky506:
This would just increase the rate of crime in the aspect of fake transfer

Mrbenny001:
The people in rural area can't survive this policy...last last people will stop putting their money in the bank

saintopus:


In fact anything opposed by Governors know that it's the right thing.

They only protested because it will hurt them terribly.

Take for instance my Rivers State governor still paying N18k minimum wage without employment or promotion for the past seven years also crying for the review of the policy.

The minimum wage is already less than the withdrawal limit so why complaining if you never had an ulterior motives.

Politicians are evil

RuddyFusion:
Let it stand till after the elections
Then CBN can review it

another1:

But at least let it stand till after election.

darthv:
Naira go dey valuable that's all that matters