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Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges - Politics (3) - Nairaland

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Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by cjayro12345: 6:16am On Feb 04, 2023
SERIOUS POLICY MISCALCULATION.TELL US HOW MUCH OF NEW NAIRA NOTES WAS PRINTED

2 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by fman(m): 6:17am On Feb 04, 2023
nedekid:

That is serious. 30% shocked
Sorry jare.
Omo, meanwhile my staff goes to deposit sales money in the bank daily and complains of qeue. No be juju be that?
Maybe I will stop him and be collecting the cash.
Heck, but I am a cashless practicing person.
who dash ds wan cash
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by nedekid: 6:19am On Feb 04, 2023
holysaint1:


When everyone is lamenting about the epileptic bank app network service. Just count yourself lucky that your transaction went through.
Guy, I feel you.
I just accumulate the POS rejection or auto reversal receipts snap a picture as evidence and wait for my money to be returned.
Aside the glitches it works too. As I write I just made payment at clinix illupeju and it was sucessful.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by azikiweironsi(m): 6:19am On Feb 04, 2023
naijainstinct:
Earlier this week, someone wrote here on Nairaland that "Nigerians don't hate corruption, we only hate when we are not the ones directly perpetrating it".

That said, politicians are corrupt, bankers are corrupt, civil/public servants are corrupt, security agencies are corrupt, political appointees are corrupt, oil marketers are corrupt, business men are corrupt, etc.

Let's talk about the petty traders, artisans and self-employed like the POS operators, anyone wants to rip everyone else off at any given opportunity. We complain about corruption but we also aid and abet corruption.

Today, it's the bankers and POS operators smiling and having a field day, tomorrow is for the oil marketers and the black marketers, next tomorrow is for the immigration officers and their street agents who will rip you off before you can get an international passport, the next day is for public servants who are always seeking ways to siphon public funds or are lackadaisical in service delivery because they believe they are more important than the general public whom they are meant to serve. The next day is for the police, military and paramilitary agencies who are either trying to extort the average Nigerian through bribery, colluding with oil vandals and/or criminals to loot the nation's resources, requesting for "mobilization fees" before helping to apprehend a criminal, pursue justice or even attend to a petition. Then the politicians will form an unholy alliance with the public servants to divert public funds, fund terrorism, banditry and criminality for their selfish interests and personal aggrandizement.

Another day is for the religious leaders, another for the petty traders. Even the corporate businesses like the telcos and the banking institutions are systematically stealing from their customers through hidden, ridiculous and frivolous charges.

As far as Nigeria is concerned, it's a dog-eat-dog society. Actually, it's the way the world is wired but for the fact that some countries have managed to instill discipline by force or by setting in place active systems to curtail human greed. But here, nobody cares. It is a nation of impunity where only the poorest of the poor and the uninfluential face justice.

To conclude, let me borrow someone's analogy about Nigeria. Nigeria is like a fan whose oscillator (mechanism of even wealth distribution) is broken and therefore cannot offer air (equal opportunities) to everyone except those who manage to stand in front of it (the politicians, the corrupt public servants, the greedy businessmen and contractors, the shady security officials, opportunists and beneficiaries of terrorism, banditry and sundry crimes). Instead of us to all come together and find a way to fix this fan's oscillator, we are all struggling to get in front of this fan.

I have stopped praying for Nigeria. Nigeria will be better and great if we all allow it to.

This is clearly my opinion. I did not quote anybody nor oppose anyone. If you are benefitting from the systemic corruption and therefore think you can quote me to share a nonsense contrary opinion, GOD WILL PUNISH YOU!!!!!!

You have said it all.
Until we as the people of Nigeria are ready individually to contribute our quota and do the needful without thinking of reaping one another, with a better system that will curtail our excesses it is then we can have a better Nigeria.
No amount of fasting and prayers can do it for us.

3 Likes 1 Share

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Teymanhenry(f): 6:21am On Feb 04, 2023
I understand the POS people charging extra cos it is difficult for them to recycle money. I mean no one comes to deposit everyone comes to withdraw so they'll have to wait for days to get have cash for withdrawal from the bank

2 Likes 1 Share

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Jack500: 6:22am On Feb 04, 2023
sotall:


Go and sack him naa.

You think Buhari doesn't know what he is doing.

Most of those who have turned pro-masses both online and offline shouldn't be given any attention because they are hypocrites.


For over 7 years they have been praising APC and Buhari because they want him to handover to Emilokan.

Now that they see that it isnt happening, they are wailing everywhere and have become opposition.

Imagine we haven't heard from Fashola the rocket scientist since the ENDSARS protests where him and Tinubu didn't condemn Buhari's administration for how they handled Nigerians but now see him wailing.

Same thing with Oshomole, and other pro-Tinubu miscreants.

Buhari and the cabal should continue their plan, Nigerians understand the handwriting.

It is you that hung will kill.

Tinubu already has access to the new notes. Keep punishing yourself, thinking you are punishing Tinubu, you go get sense last last.

7 Likes 3 Shares

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by nedekid: 6:22am On Feb 04, 2023
luizpippo:



😂😂😂😂

I forgot to take my wallet along yesterday and tried transferring, i couldn't even access the accesbank app and the USSD codes for access and gt were not responding, had to find a way of going back home to get my cards so i could withdraw 5k for 600 per withdrawal.

The banks are frustrating.
Eyaa. Sorry oh. Must have been stressful. grin
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Wiseandtrue(f): 6:24am On Feb 04, 2023
Harrynight:


Untill angry and frustrated nigerians start to vandalized banking facilities
CBN now deals with POS grin grin

Wonder shall never end

2 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by naijainstinct: 6:24am On Feb 04, 2023
azikiweironsi:


You have said it all.
Until we as the people of Nigeria are ready individually to contribute our quota and do the needful without thinking of reaping one another, with a better system that will curtail our excesses it is then we can have a better Nigeria.
No amount of fasting and prayers can do it for us.
Thank you Sir.

1 Like

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by franchasng: 6:25am On Feb 04, 2023
12inchess:
I keep saying it that this Emefiele is a dummy. Or he is following a script. Because I don't know how changing currency can be so difficult. Assuming they mandated this for a year to exchange all these old currency it will have been smooth sailing but Emefiele and Buhari are using Nigerian's suffering to play politics. No wonder he was contesting for president at some point. I've never seen a country where the CBN governor will be so involved in politics that he will contest for President in the primaries.
Emefiele is not a dummy, he knows what he is doing.



They want to stop criminals and looters from using their ill gotten wealth to rig themselves in as leaders in Nigeria.



Most of these criminal politicians and their evil supporters don't believe in free and fair election, you can see it among Tinubu's supporters, they only believe in manipulating the election to win, they know they are not the peoples choice so they use money to buy their way into power and continue the milking, looting and destruction of Nigeria.



That is why Buhari/CBN decided to suddenly change the currency so that all the billions these evil politicians have stockpiled for years for 2023 election will become useless in their hands and before they could lay hands on enough new Naira to rig the election as usual, the election must have come and gone.




It is a deliberate policy targeted at the criminal politicians like Emilokan and co who depend on election rigging to win elections.



It is the banks that are sabotaging the policy, they still sold the new naira notes CBN gave to them to distribute to the people of Nigeria to the same criminal politicians, that is the only place I expect CBN to work on and use some banks and their managers as scapegoats for others to learn.




This policy if sustained will reduce election rigging and vote buying.

1 Like 1 Share

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by victorVIC1(m): 6:26am On Feb 04, 2023
To think that this dumb ass was vying for presidency proofs that Nigeria is in real trouble. People should leave their work and businesses to go and seat under tents at the bank because of cash that ordinarilyshould be easily accessible.

CBN is the regulator of commercial banks. If commercial banks are hoarding the naira notes then it's the work of CBN to do the needful not all these unnecessary appeals and filmsy excuses they keep coming up with.

5 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by nedekid: 6:26am On Feb 04, 2023
fman:
who dash ds wan cash
Bros, morning.
If you dash me, I for take. But I no need am.

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Iamzik: 6:30am On Feb 04, 2023
nedekid:

Jesos!
But if I may ask. I assume you have a car, you can get fuel with you cards, eat, pay for services. I paid in the fruit market with transfer the other day, only had 500 cash to buy 2 apples. When I asked if they took transfer, they said yes. Bought fruits of 6k.
Is it not possible to survive without suffering yourself to qeue for that long?
Just innocently wondering.

I know filling stations that insist on cash bro. No be every shop get POS. It depends on where you live.

I went to eat yesterday without cash. After eating I paid with POS but the transaction kept declining. Wanted to transfer but I couldn't login to my app again. Eventually used another bank app but they food seller did not get alert. The mama say make I Siddon until she gets alert...and the useless bank alert sometimes delay until next day....all because of 2k food o

It's a sorry situation really. The masses have been suffering but Tinubu kept making excuses for buhari. I'm glad they have turned on him. Let him experience the pain we have been feeling from this government since 2016

4 Likes 1 Share

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Aldol: 6:32am On Feb 04, 2023
I wish I could meet this man face to face,I for burst him mouth wey him use dey talk trash. Are his family members queing in banks and pos

2 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Regex: 6:33am On Feb 04, 2023
12inchess:
I keep saying it that this Emefiele is a dummy. Or he is following a script. Because I don't know how changing currency can be so difficult. Assuming they mandated this for a year to exchange all these old currency it will have been smooth sailing but Emefiele and Buhari are using Nigerian's suffering to play politics. No wonder he was contesting for president at some point. I've never seen a country where the CBN governor will be so involved in politics that he will contest for President in the primaries.

If you had given a year, Nigerians will still not make any move and rather wait till the deadline before they will act. You speak as if you don't know Nigerians.

1 Like

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by nedekid: 6:35am On Feb 04, 2023
Iamzik:


I know filling stations that insist on cash bro. No be every shop get POS. It depends on where you live.
Thats true sha.
Even in my business, I need to get pos machines I have being procrastinating to get since.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by JOemmy(m): 6:36am On Feb 04, 2023
sotall:


Go and sack him naa.

You think Buhari doesn't know what he is doing.

Most of those who have turned pro-masses both online and offline shouldn't be given any attention because they are hypocrites.


For over 7 years they have been praising APC and Buhari because they want him to handover to Emilokan.

Now that they see that it isnt happening, they are wailing everywhere and have become opposition.

Imagine we haven't heard from Fashola the rocket scientist since the ENDSARS protests where him and Tinubu didn't condemn Buhari's administration for how they handled Nigerians but now see him wailing.

Same thing with Oshomole, and other pro-Tinubu miscreants.

Buhari and the cabal should continue their plan, Nigerians understand the handwriting.


The clowns really think that they can fool nigerians where were all these hypocrites when fulaniherdsmen where mercilessly massacring innocent nigerians all over the country all these years?
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Aldol: 6:36am On Feb 04, 2023
franchasng:
Emefiele is not a dummy, he knows what he is doing.



They want to stop criminals and looters from using their ill gotten wealth to rig themselves in as leaders in Nigeria.



Most of these criminal politicians and their evil supporters don't believe in free and fair election, you can see it among Tinubu's supporters, they only believe in manipulating the election to win, they know they are not the peoples choice so they use money to buy their way into power and continue the milking, looting and destruction of Nigeria.



That is why Buhari/CBN decided to suddenly change the currency so that all the billions these evil politicians have stockpiled for years for 2023 election will become useless in their hands and before they could lay hands on enough new Naira to rig the election as usual, the election must have come and gone.




It is a deliberate policy targeted at the criminal politicians like Emilokan and co who depend on election rigging to win elections.



It is the banks that are sabotaging the policy, they still sold the new naira notes CBN gave to them to distribute to the people of Nigeria to the same criminal politicians, that is the only place I expect CBN to work on and use some banks and their managers as scapegoats for others to learn.




This policy if sustained will reduce election rigging and vote buying.
If dem born you well, go to atm queue and yarn this trash and see if you will make it alive,idiot

3 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by backnbeta(f): 6:36am On Feb 04, 2023
So, you spend 5 hours today and your number is 47 and they stop at 29. You come back tomorrow to waste more hours before they finally call 47. You need 40,000 but what you can get after 2 days is 10k! I ask again, how do you guys sleep at night?

2 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Moh247: 6:38am On Feb 04, 2023
franchasng:
You are an enemy of Nigeria, you are not a patriot. If you dare join the protest in Ibadan, you will live to regret it, that's if you would actually live to tell the story anyway undecided


Whatever Buhari the President does is right, you are not supposed to complain nor groan over it.



If your money don finish, go to your room, eat your last supper and lie down on your 2by2 bed and close your eyes and say your last prayer as you also pray for Buhari and his government to succeed, then close your eyes and continue from there grin



Omo ibo have sense nau abeg... Please have sense

3 Likes

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by olisefom: 6:38am On Feb 04, 2023
LiteratureClass:
It is unfortunate. To withdraw 1000, you have to pay the POS operator 300. This really pained me yesterday but I have to pay the charges because I need money to go out.

This is outrageous

1 Like

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by nedekid: 6:39am On Feb 04, 2023
Iamzik:


I know filling stations that insist on cash bro. No be every shop get POS. It depends on where you live.

I went to eat yesterday without cash. After eating I paid with POS but the transaction kept declining. Wanted to transfer but I couldn't login to my app again. Eventually used another bank app but they food seller did not get alert. The mama say make I Siddon until she gets alert...and the useless bank alert sometimes delay until next day....all because of 2k food o

It's a sorry situation really. The masses have been suffering but Tinubu kept making excuses for buhari. I'm glad they have turned on him. Let him experience the pain we have been feeling from this government since 2016
Truelly a terrible experience with the food vendor. Sorry bro.
Na wah. Hope this issue gets resolved soon.
As for tinubu, hope he gets served the breakfast he deserves.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Aldol: 6:40am On Feb 04, 2023
franchasng:
Emefiele is not a dummy, he knows what he is doing.



They want to stop criminals and looters from using their ill gotten wealth to rig themselves in as leaders in Nigeria.



Most of these criminal politicians and their evil supporters don't believe in free and fair election, you can see it among Tinubu's supporters, they only believe in manipulating the election to win, they know they are not the peoples choice so they use money to buy their way into power and continue the milking, looting and destruction of Nigeria.



That is why Buhari/CBN decided to suddenly change the currency so that all the billions these evil politicians have stockpiled for years for 2023 election will become useless in their hands and before they could lay hands on enough new Naira to rig the election as usual, the election must have come and gone.




It is a deliberate policy targeted at the criminal politicians like Emilokan and co who depend on election rigging to win elections.



It is the banks that are sabotaging the policy, they still sold the new naira notes CBN gave to them to distribute to the people of Nigeria to the same criminal politicians, that is the only place I expect CBN to work on and use some banks and their managers as scapegoats for others to learn.




This policy if sustained will reduce election rigging and vote buying.
You sound too dumb, so every four years they must redesign new naira notes to curb vote buying. New naira notes that's already with bandits in the bush,didn't you hear a governor just collected 500 million new naira notes from just a bank? How you people think this policy will affect politicians amazes me

6 Likes 1 Share

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Elidrisy20: 6:41am On Feb 04, 2023
Na who cause the wahala in the first place? Abi na pos cause am?

1 Like

Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by nedekid: 6:41am On Feb 04, 2023
Mcslize:


Sometimes your card will fail you brother. You said transfer, do you know how messy banks network had become this period? Very messy.

I am replying to your message to the other person you quoted cuz I know what other Nigerians and I have been facing this highly frustrating period and still ended up not being able to transfer as network will sometimes disappoint one.

If yours always go through, just thank your stars. It's not always the way you're saying it.
Sorry for the stress. Hope this gets sorted out soon.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by DaddyFreeze2020(m): 6:42am On Feb 04, 2023
georgeakins:


Despite, Obi will be disgraced at the polls.
He cannot get more than 5,000 votes in any state outside South East

I'm sure you don't live in Nigeria. Btw George Akin...name sounds similar to one of my church members in Kaduna staying in the UK
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Buksaylor: 6:47am On Feb 04, 2023
afroniger:
Emefiele really messed up. If he knows what's best for him he should just simply resign. He went ahead with such a delicate policy of monumental socio-economic implications knowing full well that the CBN lacks the capacity to print and circulate the requisite new notes to replace the old ones.

At this rate, the apex bank may have to direct banks to re-release some old notes back into the system (as a face-saving measure) to forestall the accelerating chaos the policy is already generating, coz apparently the CBN has printed about ₦450-billion of new notes so far (much of which has been hoarded). The Mint can print a maximum of ₦950-billion per year if they print only ₦1000 notes. If they mix the notes, it will be much less. Meanwhile, they've withdrawn ₦1.9-trillion and are still trying to withdraw ₦900-billion more. How is that expected to work?? Buhari is toying with his legacy.


The policy is for a purpose...let it not be mistaken.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by franchasng: 6:47am On Feb 04, 2023
Aldol:

You sound too dumb, so every four years they must redesign new naira notes to curb vote buying. New naira notes that's already with bandits in the bush,didn't you hear a governor just collected 500 million new naira notes from just a bank? How you people think this policy will affect politicians amazes me
Buhari don't want Thief Bola Tinubu to succeed him, he never liked Tinubu from day one, he only used Tinubu and his useful urchins to achieve his long Presidential dream. Recall he said it in Dubai that when he was younger and contesting on his own party that Nigerians refused to vote him until he joined politicians to play politics and they are expecting him to do magic.



In 2015 prior to the general election, Tinubu led Buhari and other APC chieftains to his house at Bourdillion, when Buhari got inside Tinubu's compound, he was disgusted by the number of exotic cars he saw there that he feigned ignorance and asked if this place was a sales car stand. They laughed it off. He asked another similar question when they visited Rochas Okorocha house in Imo State, he jokingly asked them if this was Imo State Government House, they laughed it off too thinking Buhari was a dummy.




Buhari never liked all the foolish criminal Southern politicians that stole their people's commonwealth and used the proceeds to install him as President, and right now Buhari wants to stylishly use CBN, INEC electoral law, and Army to ensure Tinubu doesn't win.



Buhari prefers Atiku or Kwankwaso but the people of Nigeria prefer Peter Obi while criminals and looters prefer Tinubu, so everything will be settled at the polls next 2 weeks, kaji kwo grin
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Chimchinjosh(m): 6:48am On Feb 04, 2023
.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by miketayo(m): 6:49am On Feb 04, 2023
Badabada:
The issues is not really the POS vendors, because they too have to source for cash and in doing so, they pay exorbitant amount to the bank workers.

Just imagine a POS vendor collected 2million naira with 100k frm d bank. So what do you expect.

How are they able to collect that much when daily limit is 20k.. pos vendors, party cash sellers, bankers and politicians are the reason why common man can't get the new notes
They should ban pos vendors for a month.
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Chimchinjosh(m): 6:51am On Feb 04, 2023
The access bank branch that i went to yesterday was given 2,000 naira as their maximum allowable daily withdrawal
07kjb:
NIGERIA should exercise patience the policy is a good one

Don't join politicians to fight there fight because they haven't fought for you people before

If you need money go to the bank they are giving each person 20k daily
Re: Naira: CBN Begs Nigerians, Vows To Stop POS ‘Extra’ Charges by Aldol: 6:53am On Feb 04, 2023
franchasng:
Buhari don't want Thief Bola Tinubu to succeed him, he never liked Tinubu from day one, he only used Tinubu and his useful urchins to achieve his long Presidential dream. Recall he said it in Dubai that when he was younger and contesting on his own party that Nigerians refused to vote him until he joined politicians to play politics and they are expecting him to do magic.



In 2015 prior to the general election, Tinubu led Buhari and other APC chieftains to his house at Bourdillion, when Buhari got inside Tinubu's compound, he was disgusted by the number of exotic cars he saw there that he feigned ignorance and asked if this place is a sales car stand. They laughed it off. He asked another similar question when they visited Rochas Okorocha house in Imo State, he jokingly asked them if this was Imo State Government House, they laughed it off too thinking Buhari was a dummy.




Buhari never liked all the foolish criminal Southern politicians that stole their people's commonwealth and used the proceeds to install him as President, and right now Buhari wants to stylishly use CBN, INEC electoral law, and Army to ensure Tinubu doesn't win.



Buhari prefers Atiku or Kwankwaso but the people of Nigeria prefer Peter Obi while criminals and looters prefer Tinubu, so everything will be settled at the polls next 2 weeks, kaji kwo grin
You are even dumber than I think....spits on you

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