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Nairaland Forum / Nairaland / General / Politics / House Of Representatives Orders CBN To Suspend Cashless Policy (25720 Views)
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House Of Representatives Orders CBN To Suspend Cashless Policy by DaSleak: 5:30pm On Sep 19, 2019 |
The House of Representatives has asked the Central Bank of Nigeria to suspend the charges imposed on cash deposits in the implementation of its cashless policy. https://www.google.com/amp/s/punchng.com/cashless-policy-reps-ask-cbn-to-suspend-charges-on-deposits/amp/ 11 Likes 2 Shares
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Re: House Of Representatives Orders CBN To Suspend Cashless Policy by MusaChukwudi: 5:36pm On Sep 19, 2019 |
MusaChukwudi: Its a good response from the House actually! Kudos Omunna Kalu! 42 Likes 3 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Olanipekun1: 5:37pm On Sep 19, 2019 |
[s] MusaChukwudi:[/s] 4 Likes 3 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by daddytime(m): 5:37pm On Sep 19, 2019 |
Lol Ghana Must Go Ambassadors no go like make anything affect their economy lailai 37 Likes 1 Share |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Olanipekun1: 5:38pm On Sep 19, 2019 |
[s] MusaChukwudi:[/s] 7 Likes 2 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by JONNYSPUTE(m): 5:39pm On Sep 19, 2019 |
Cashless banking is good but are we ready for it? 9 Likes 1 Share |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Olanipekun1: 5:42pm On Sep 19, 2019 |
[s] MusaChukwudi:[/s] 3 Likes 1 Share |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Adicsonbaba(m): 5:47pm On Sep 19, 2019 |
Good |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Nobody: 5:47pm On Sep 19, 2019 |
That cashless policy could have turned everything around in 2023 election tribunals. Imagine a scenario where all a lawyer needs to do to support his claim that a politician was involved in votes buying is to present the politician's bank details showing history of numerous 5000 Naira transfers on election day. Secondly, how do they bribe those in rural areas. If it didn't threaten the existence of the selfish legislature at Abuja, it would be a welcomed development. 11 Likes 3 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by rerhji(m): 5:48pm On Sep 19, 2019 |
i think they re not rubber stamp afterall 4 Likes 1 Share |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by pat077: 5:48pm On Sep 19, 2019 |
with immediate effect |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by obi4eze(m): 5:48pm On Sep 19, 2019 |
![]() Because it would affect them a lot 8 Likes |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Destined2win: 5:49pm On Sep 19, 2019 |
![]() The looting must go on |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by ForeThinker: 5:49pm On Sep 19, 2019 |
Senate still dey ? 1 Like |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by AgentNairaland(f): 5:49pm On Sep 19, 2019 |
No Suspend Am Oooo, We're Enjoying This NEXT LEVEL Of A Thing 4 Likes 2 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Afiahomes(m): 5:50pm On Sep 19, 2019 |
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Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Gideoniteprime4: 5:50pm On Sep 19, 2019 |
finally some people are reasoning with there brains i actually thought that all those people up there we`re group of goats they just want to rush into sumtin that they can`t handle greedy bafoons 3 Likes |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by ednut1(m): 5:51pm On Sep 19, 2019 |
This is a country where pos dey fail 8 Likes |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Olominira(m): 5:51pm On Sep 19, 2019 |
Nearly everything in this life has advantages and disadvantages, in making decisions we must make sure that advantages overweight its disadvantages. This is my personal observation about the cashless policy; 1. More than 40 percent of Nigerians do not handle such cash in 6 months 2. The policy would help government monitor financial services by the companies that evade taxes, judges, civil servants, politicians etc that are are involved in corruption. 3. It would drive fintech startups that are capable of generating thousands of jobs, easy transactions for businesses etc. In China it's very possible not to touch cash for a whole year as everyone uses either wechat or alipay. However, Nigeria is confronted with shortage of electricity. 4. It would save government money used in reprinting dirty money in circulation. Lastly, Nigerians must come to term that the country is not working at the moment and for the country to work we must be ready to make some sacrifices. Also, government should try and carry the citizens along by highlighting the benefits of new policies. 35 Likes 2 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by DonTattaglia: 5:51pm On Sep 19, 2019 |
Obviously d policy does not favor them.Its not as if they are fighting for d interest of common man. 16 Likes 2 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by MANNABBQGRILLS: 5:51pm On Sep 19, 2019 |
Anything for our darling nation to move forward 1 Like 2 Shares |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Clean2016: 5:51pm On Sep 19, 2019 |
These are the people that needs 5o million cash 2 Likes 1 Share |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Kingspin(m): 5:52pm On Sep 19, 2019 |
Jumping into cashless with our shapeless regulations and aimless policy is wickedness. What about the bank's charges here and there? I can say the govt wants more money to steal it never for development purposes. 1 Like |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by RexTramadol1: 5:53pm On Sep 19, 2019 |
Cashless policy wey be like poverty policy Cash sef no dey to deposit for many people How you want make dem interprete am? 1 Like |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Sleevia: 5:53pm On Sep 19, 2019 |
Akin Alabi had planned to speak against it and promised to solicit the help of like minds... 2 Likes |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by carbony4red(m): 5:53pm On Sep 19, 2019 |
House of reps needed some bribe here I think ![]() ![]() ![]() |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Jamesilvar(m): 5:54pm On Sep 19, 2019 |
They are shouting cashless upandan. The one you will pay for an item via POS and you will be debited without approval of the payment. You will now start going to bank to complain upandan. ![]() 4 Likes 1 Share |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Olanipekun1: 5:54pm On Sep 19, 2019 |
[s] post=82381423:[/s] |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by Bunnatex(m): 5:54pm On Sep 19, 2019 |
I've emancipated to read between lines and critically analyze the moves of our politicians. Ultimately in their interests. Who does the move affect more? If they adopt internet banking it will be easy to track their looting. Before we support or oppose the move let's first know who benefits from the said policy and who doesn't... 11 Likes |
Re: House Of Representatives Orders CBN To Suspend Cashless Policy by naijadrivablog: 5:54pm On Sep 19, 2019 |
Good news! |
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