₦airaland Forum

Dem don carry thief'nubu handicap

Nothing will come out of it

Imagine CBN asking us not to withdraw more than one hundred naira in a day? Which kind yeye law be dat?wetin person wan buy with one hundred naira in Nigeria of today?

Ruggedniggaone:
100k per week is too small it should be raised to 500k per week and 100k per day for individual but emefiele and buhari are too wicked to care about the masses that will suffer the consequences of their useless policy

you can pay with card or transfer

Dotunking01:
I love the process they have worked to lay.
First, Re-designing the Naira note, it doesn't make sense but I now understand the reason why. The actual motive was not to change the note but to end the existence of the current one so as to alleviate a significant amount of corruption.
Secondly, reduce the incessant use of cash transaction. Limiting daily expenses of cash exchange.

Your head is correct

Enemyofpeace:
Imagine CBN asking us not to withdraw more than one hundred naira in a day? Which kind yeye law be dat?wetin person wan buy with one hundred naira in Nigeria of today?

Where did you see N100?

Everyone sha wan trend with criticisms

https://www.youtube.com/watch?v=vygj8C2irXE

Buhari honoured in Guinea Bissau, pledges commitment to democracy

President Embalo assured President Buhari that he will follow in his footsteps in ensuring free and fair elections in his country.

What is in the best interest of Nigerians should be done.

Honchoslim16:
Give me more shooters, I need it
Give me more plates, know we greedy
We catchin' bodies, we fiendin'
They catchin' bodies, they dreamin'
And I just caught a body with your bit¢h, she ate semen

which song be this one

iLegendd:
The seller is not serious. Look for a seller that receives transfer. The one that wants cash will be forced to receive transfer by force or quit.

Oga this will increase fraud and scams via Fake transfer. The CBN cashless policy is extremely too dull and unintelligent.

thebosstrevor1:
How is limit in cash withdrawal making the masses suffer.

There is no limit on the transaction you can do online

Btw, Is using online alternatives for transactions suffering.

You people have been demoralise to thrive on negativity.

My brother God bless you.

Jestin:
I don remove hand from anything when concern Nigeria. If Obi is not elected as the next president, I will move my immediate family to Cana .

Exact thing i said an hour ago. If obi no enter, then nigerians enjoy suffering

JoeNL22:
Obi.....hope you are taking note?

My fellow Nigerians, What monetary policies will you implement to ensure the naira is valued at an appreciable rate?

Any buying/selling done with or within the country will be paid in the country’s currency, we can’t buy from you with your own currency and still sell for you with your own currency (it makes no sense), this is why the American dollar has dominated number 1 in currency exchange.

If I want to buy from you, i will pay you in your own currency. If you want to buy from me, convert the amount in my own currency and pay me.

Omo like dis naira no get value

opera1:
Better! They better do something about it because I don't understand the rational behind this 20k withdrawal per day or per week.

What IF I wan buy something of 120k and the seller demanded for cash?

Then the seller is not ready to sell, this is the best policies in the centuries.

marlow1962:
Any buying/selling done with or within the country will be paid in the country’s currency, we can’t buy from you with your own currency and still sell for you with your own currency (it makes no sense), this is why the American dollar has dominated number 1 in currency exchange.

If I want to buy from you, i will pay you in your own currency. If you want to buy from me, convert the amount in my own currency and pay me.

Omo like dis naira no get value

I totally agree with your statement. We must set-up a panel or commission to ensure this idea sees the light of day

iLegendd:
The seller is not serious. Look for a seller that receives transfer. The one that wants cash will be forced to receive transfer by force or quit.

Do you know that some BIG gas stations within the metropolis don't take transfer, yet their POS terminal is always down.
If you have to fill up your tank and run few errands, 20k sef no go do anything

This won't work see the system is bad,cashless policy wont stop corruption infact it is embedded in our blood.

Politicians will now start bribing with dollar. Since naira is now a scarce resources.

Honchoslim16:
Give me more shooters, I need it
Give me more plates, know we greedy
We catchin' bodies, we fiendin'
They catchin' bodies, they dreamin'
And I just caught a body with your bit¢h, she ate semen

Think things through before you comment.

Most countries in the world have moved beyond cash, and you people always harp on about how Nigeria is underdeveloped.

We're tired of lame excuses for some unwashed masses who won't get with the times. We refused to be held back by ignorant folks who chose to remain in the stone ages. Technology and progress will not wait nor bend over for anyone.

There's nothing you can't do with electronic transactions, you don't need that much paper money in circulation.

I can't even remember the last time I held or needed paper money, home and abroad, even for taxis and trains.

OlujobaSamuel:
Do you know that some BIG gas stations within the metropolis don't take transfer, yet their POS terminal is always down.
If you have to fill up your tank and run few errands, 20k sef no go do anything

When i hear people say make transfer,i just dey laugh as if these bank network don't develop issues.

opera1:
Better! They better do something about it because I don't understand the rational behind this 20k withdrawal per day or per week.

What IF I wan buy something of 120k and the seller demanded for cash?

the seller will not insist on cash especially when others are ready for online transactions

IamANigerianMan:
My brother God bless you.

You looked at the positive side,what about the negative side? See DER must be a balance here

GoooodHardDick:
Oga this will increase fraud and scams via Fake transfer. The CBN cashless policy is extremely too dull and unintelligent.

By this time next year we must have all forgotten about all these debates.

Some debates we used to have three years ago no longer come up. This one will be the same too.

benqo01:
When i hear people say make transfer,i just dey laugh as if these bank network don't develop issues.

don't mind them. When network issue comes up which is always constant in most places, let's see how it will be sort out if they won't tell u to go bring cash.

Ruggedniggaone:
100k per week is too small it should be raised to 500k per week and 100k per day for individual but emefiele and buhari are too wicked to care about the masses that will suffer the consequences of their useless policy

Is there even supposed to be a limit? Is it not your money? This is why so many people avoid putting their monies in the bank. Very soon, they will come up with cash transfer limit. Useless government. Always bringing policies that makes life more bitter for most Nigerians.

Candidlady:



most people won't like this...


people like hushpuppi .. dbanj... teanewbu...what is the name of that man that was caught with over 1milli cash also from that region


dedicating this FTC to Uzomacharles .. please someone reachout to him... he a student of futo in his second year.. he needs help
mentally
physically
spiritually
and most importantly he needs help financially

thank you

you are a fool

Ruggedniggaone:
100k per week is too small it should be raised to 500k per week and 100k per day for individual but emefiele and buhari are too wicked to care about the masses that will suffer the consequences of their useless policy

very wicked

thebosstrevor1:
How is limit in cash withdrawal making the masses suffer.

There is no limit on the transaction you can do online

Btw, Is using online alternatives for transactions suffering.

You people have been demoralise to thrive on negativity.

calm down.. Nigeria is too backwards for cbdc. I you even aware of the amount of the unbanked out there. This policy is useless and stupid

opera1:
Better! They better do something about it because I don't understand the rational behind this 20k withdrawal per day or per week.

What IF I wan buy something of 120k and the seller demanded for cash?

You will buy it from who will accept transfer

I make bold to say the current crop of top executives at the CBN have very low IQs.

You're including a clause which gives exemptions to POS operators to be able to withdraw beyond the stipulated limits just so their businesses don't fold up. But are you too stupid to remember that the POS business is a two way system where the operator needs the patronage of customers to function and make profits?

If you limit my withdrawal to 20K daily and Abdul my POS service provider has 2million naira to dispense, how does he achieve his profit purpose? Where does he get his patronage from since we all cannot withdraw beyond 20K?

Emefiele needs to be severely beaten after his woeful Cbn administration. Very stupid fellow!

iLegendd:
The seller is not serious. Look for a seller that receives transfer. The one that wants cash will be forced to receive transfer by force or quit.

u de do crypto n you de support cbdc ?! Nawa o