We can't want to end corruption, kidnapping, and armed robbery and at the same time insist on having access to large volumes of cash. It won't work

These vices are the biggest problem Nigeria has got, they all can be settled without trace in cash , and we must go cashless to end them.

Rather than pursue cash, Nigerians should focus on developing and using alternative channels like bank transfer, POS, USSD, Web payments, etc.

kingsways:
We can't want to end corruption, kidnapping, and armed robbery and at the same time insist on having access to large volumes of cash. It won't work

These vices are the biggest problem Nigeria has got, they all can be settled without trace in cash , and we must go cashless to end them.

Rather than pursue cash, Nigerians should focus on developing and using alternative channels like bank transfer, POS, USSD, Web payments, etc.

In as much as I agree with you, but the time frame is rather too short and we were taken inaware.

It couldn't have been this way if the government cut down cash supply by at most 50% rather than ceasing everything without providing alternative.
I like how active Buhari is right now, but soft pedaling on some issues is highly needed

DispatcherLagos:

In as much as I agree with you, but the time frame is rather too short and we were taken inaware.

It couldn't have been this way if the government cut down cash supply by at most 50% rather than ceasing everything without providing alternative.
I like how active Buhari is right now, but soft pedaling on some issues is highly needed

Well when you have the type of corruption, armed, Banditry, and kidnapping as in Nigeria, you must pay a price if you want to end it

DispatcherLagos:

In as much as I agree with you, but the time frame is rather too short and we were taken inaware.

It couldn't have been this way if the government cut down cash supply by at most 50% rather than ceasing everything without providing alternative.
I like how active Buhari is right now, but soft pedaling on some issues is highly needed

People should limit the use of cash. People should use electronic channels mostly and only use cas where it is inevitable. 20k cash a day should do anyone.

kingsways:


People should limit the use of cash. People should use electronic channels mostly and only use cas where it is inevitable. 20k cash a day should do anyone.

Electronic channels that can disappoint at will?

DispatcherLagos:

Electronic channels that can disappoint at will?

Yes it can, so we should focus on fixing that and making it more reliable

[quote author=DispatcherLagos post=120638654]
Electronic channels that can disappoint at will?[/quote

There are challenges sometimes but the apps mostly work fine

The choice before Nigerians is very clear:

It's either
⁸ we have access to unlimited volumes of cash and then we live with corruption, kidnapping, Banditry, armed robbery, etc

Or

We forget cash, embrace electronic payment channels and frustrate criminals who use cash to settle their criminal activities