₦airaland Forum

Seems what Nigerians went through during election period was not enough, that is why cash scarcity is emerging again.

Two people I know that went to bank this morning to withdraw money returned without a penny. One narrated how he even trekked back as he was with no means to pay transport fare.

ATMs are not dispensing

POS operators now charge N400 to withdraw N5000

The question is, where the POS operators getting the cash from?

Why is the country always positioned herself to suffer the citizens?

From which angle is this cash scarcity re-emerging?

Why are Nigerians made to suffer unnecessarily?

I'm reporting live from Calabar, Cross River State.

How is the situation in your area? Any cash scarcity in your area?

Compliments of the season to you all.

Cash dey scarce now and those petty trader's no dey gree accept transfer.

Skillsnigeria:
Cash dey scarce now and those petty trader no dey gree accept transfer.

That is the problem.

No matter what, we still need cash with us.

I withdrew 13k with 600 charges from a pos vendor yesterday in a Delta community.I was mad.

Nigerian banks have become fraudulent.They hide cash from customers and sell to pos vendors to make illegal profit.

Damnnn niggar

Things look normal here in Benin city


Maybe na me nor get money to withdraw reason things look normal for my eye

And for the op complaining about calabar
South south thing dey always get k leg

We too dey one take advantage of things to enrich ourselves

Expected. We are pumping cefa in badagary border here. So nothing concern us with naira scarcity. If I tire I go go Ghana go spend cedis next week. I feel like going on holiday in one of those Ghanian reserves.

So now is it Emiefele that is causing the scarcity? Even when we have more money in circulation ( old and new notes)

Useless APC.

In lagos there is no cash scarcity......POS are even fighting for customers

Mass Illiteracy Mass hoarding.

One would think that with the cashless era,more ppl would embrace transfers but they are hoarding money.
Thank God money dey my town.

Cash dey.. The greedy ones are just hoarding cash

POS operators now charge N400 to withdraw N5000

Just imagine,
Nigerians are the problems of Nigeria.

When we say we are our own problem they start grumbling.....

Okay listen to these examples:

1. You sell chicken and add over 40% profit ,you are happy forgetting that the person that bought the chicken sells tomatoes and pepper.

2. the tomatoes and pepper seller has to recover the excess she paid for the chicken, so she adds her own 42% profit margin.

3. Teacher will come and buy these 2 items with what? She has no other alternative than to increase lesson fees or school fees.

4. You will go and rent house from a landlord who has paid excess for cement, sand, chicken, tomatoes and pepper, lesson fees, how will he meet up if not by increasing his house rent by 60%.

And the circle continues, it is not about dollars, dollars is just an excuse, abi wetin concern garri, beans and yam with dollars.

The problem is you and I and our excessive greed.


And for the bad and corrupt politicians since 1960 up till present that took our darling nation 100 years back.
They will never go Scot free in their looting and criminal lifestyle.....including their supporters.

Back to the topic,
But as for ALL of us at dem MANNABBQGRlLLS and all sane, honest and hard working Nigerians........
As long as God lives.....

Nigeria is the only country in the world where cash is sold. I don't Know why we people can't embrace cashless bank transfers. All of the POS thief operators dey ment

Terrible. I m tempted to do runs.
This regime breeds hunger!
Help o!

Mild

God have mercy

In my Area POS agent always have cash
but ATM is out of cash most of the time

Hmm I don’t use cash anymore

Emefiele doings

Just paid 500 to deposit N50,000 into my account 30 minutes ago.

The second packet is even here with me...


Banks are paying up to 1m here.

Any small thing like this, na we go use ham against ourselves, 5k withdrawal goes with 2 hundred naira, 10k is 4 hundred and so on, just imagine

Worst

Godoverevery:
In lagos there is no cash scarcity......POS are even fighting for customers

There is.
Most now charge #200 for #5k.

5k is 200 over here. Lagos.

The Situation is That in Benin city,
We Buy Money With Money.
Emefele no.dey Now

Godoverevery:
In lagos there is no cash scarcity......POS are even fighting for customers

That's not true.

Nothing like this in Lagos greedy citizens

blame emeifiele