1wolex85:


Oga you need to calm down. Nobody is preventing anybody from having access to their money
Yes there is shortage of physical cash, people should use other channels, if you take your atm to a shop and pay via atm or you transfer money, it will still go. So it is wrong to say people are being denied access to their money
CBN has focused so much on the Dollar issue this year that they have not expanded on their cashless policy. That is the real issue.

I posted this on an earlier thread,
What CBN needs to do is deepen the implementation of Mobile Money. In Kenya, once I have your phone number, I can transfer money to you. This also saves a lot of money in printing cash. Another option is to take advantage of cash based businesses and use them as mobile money agents. For example, I should be able to walk into a Petrol station or supermarket, deposit money in their account through their POS and they give me the cash equivalent. It will help this businesses reduce their cash calls and bank trips.

1wolex85:


I have not said you can do it today that is why I have blamed CBN for not making a simple thing possible. I also had an experience at GTBank in Festac when money finished at the ATM. I am not saying it's a good thing rather am I advocating total elimination of cash transactions. What I am saying is that it is the cbn' s fault that there is a cash shortage but it is wrong to say they have denied us access to our money because it is not true

AlhajiSpray:




While rotten akpu, cockroach infested ugba and drinking fermented rats piss has caused your deficient brain matter to turn into mucus!

Useless anuofia!

1wolex85:


Oga you need to read well and it's not necessary to throw insults. We can agree to disagree. This not about supporting any policy or suffering. Check by Wednesday if you will still see those queues there. So it is wrong to say people are being denied access to their money.

rottennaija:


Guy stop defending the indefensible. How many people will accept that? If 2 accept, the other 10 will not. They will not even let you know their account number.

Knowledge9000:
I was in Kaduna, you should have seen the lines at the ATM machines, and within 3hrs, the money was finished and people almost broke the machines in anger. Anarchy is brewing in this country and the government visavis banks are foolishly making things worse by.....PREVENTING PEOPLE FROM TAKING THEIR OWN MONEY....THEIR OWN MONEY NOT STIPENDS! Let me tell you something this stubborn, heartless government...you can destroy the economy as much as you want, but if you dare try to prevent people from accessing their hard earned money under the hardship you have inflicted on us in this country, that's a call for anarchy. This is not APC or PDP, people are angry. This is just common sense! There is no doubt there is order from above to banks to limit cash withdrawals for liquidity reasons, if not...WHY IS THIS HAPPENING NOW? This has never happened before. We see this only happening in countries with failed economies as was seen in Greece where the government imposed austerity measures and limited cash withdrawals to control liquidity and reserve.

AlhajiSpray:
[s]


Handsome bonobo monkey? With an assymetrical oblong skull, lion marks by his eyeballs and looking unshaved and dirty like your mama's stinking dusty vagina!


E be like say the tears wey my e slaps don dey cause you don dey block your eyes! Anumpam![/s]

Knowledge9000:


Don't mind him. Asking me why I'm insulting him. My insult is justified for acting very stupid$

1wolex85:


Oga you need to calm down. Nobody is preventing anybody from having access to their money
Yes there is shortage of physical cash, people should use other channels, if you take your atm to a shop and pay via atm or you transfer money, it will still go. So it is wrong to say people are being denied access to their money
CBN has focused so much on the Dollar issue this year that they have not expanded on their cashless policy. That is the real issue.

I posted this on an earlier thread,
What CBN needs to do is deepen the implementation of Mobile Money. In Kenya, once I have your phone number, I can transfer money to you. This also saves a lot of money in printing cash. Another option is to take advantage of cash based businesses and use them as mobile money agents. For example, I should be able to walk into a Petrol station or supermarket, deposit money in their account through their POS and they give me the cash equivalent. It will help this businesses reduce their cash calls and bank trips.

rottennaija:


People need cash now, otherwise Wednesday. Alot can happen before Wednesday

virtual3xpert:


Christmas morning for that matter. Where's the love?

1wolex85:


Yes sir you can buy all those things once you have the person's account number. Mobile Money will do the transfer for you and they will get alert and you take your foods except they don't have an account number. Please note I said it is true there is shortage of cash but it is wrong to say they blocked access to people's money. CBN has failed to enlighten the populace to take advantage of several e-channels available and note that there are mobile money Services where you don't need internet on your phone.

ademega:

God bless you bro for this. I did this recently. I wanted to pay 10k for a product at a shop and I was in need of cash, I asked them to deduct 30k so that I could get 20k cash. That is how it should be. But most people don't even know this. I could see a guy yabin you up their, pls ignore him, he is ignorant

1wolex85:


Yes sir you can buy all those things once you have the person's account number. Mobile Money will do the transfer for you and they will get alert and you take your foods except they don't have an account number. Please note I said it is true there is shortage of cash but it is wrong to say they blocked access to people's money. CBN has failed to enlighten the populace to take advantage of several e-channels available and note that there are mobile money Services where you don't need internet on your phone.

MicroBox:

You are sounding like a small boy..
Stop making fool of yourself.. enough my dear..

1wolex85:


You are still not getting my point. There is a cash shortage which is absolutely cbn' s fault but as long as other channels are working, you can't say people are deliberately being prevented from accessing their money.

AlhajiSpray:



It won't hurt if you admit to being a man with a _penis will it? Look at this useless transexual claiming to be a woman! Any way you igbo boys are well known for engaging in homosexual activities for money so I'm not suprised!

Are you hunting for your fellow anus lovers! Ha ha!

tankara1010:


Here we go again Afonja and obsession with female geniitalia. Women...over to you, reset this afonja brain! A product of single yorubaa mother. Do you know your real father? Not the man living with your mother.

akaahs:

pls guy just stop displaying u ignorance, hw can u achieve all ur claims in a country where the literacy level is very very low, hw many of our sms businesses own POS machines? How many of our people can conveniently carry out online transactions? Just shut-up

1wolex85:


Yes sir you can buy all those things once you have the person's account number. Mobile Money will do the transfer for you and they will get alert and you take your foods except they don't have an account number. Please note I said it is true there is shortage of cash but it is wrong to say they blocked access to people's money. CBN has failed to enlighten the populace to take advantage of several e-channels available and note that there are mobile money Services where you don't need internet on your phone.

mfm04622:


People like you should be invited to spend the holiday with DSS! Am sure your aim is to incite the public!

I work in the banking industry. There is shortage of cash. This is due to the fact that demand for cash is very high this time. The CBN also can't supply cash as banks have not been taking cash to CBN. The CBN act as bank to banks.

Did the CBN or others announced their is limit , the amount of money you have withdraw? No!

AlhajiSpray:




Drug peddling inyamiri crew

Ighoga898:
hope u people criticizing Mmm have seen now dat if everybody decides to withdraw money 4rm d bank at once it will lead to d eventual breakdown of it....

tankara1010:


E-pain 'am. He is boiling inside like over heated amala. Chai!

1wolex85:
This man u be serious mumu. Is it everybody that can buy things online with card or is it everything u need u can buy with card.

Oga you need to calm down. Nobody is preventing anybody from having access to their money
Yes there is shortage of physical cash, people should use other channels, if you take your atm to a shop and pay via atm or you transfer money, it will still go. So it is wrong to say people are being denied access to their money
CBN has focused so much on the Dollar issue this year that they have not expanded on their cashless policy. That is the real issue.

I posted this on an earlier thread,
What CBN needs to do is deepen the implementation of Mobile Money. In Kenya, once I have your phone number, I can transfer money to you. This also saves a lot of money in printing cash. Another option is to take advantage of cash based businesses and use them as mobile money agents. For example, I should be able to walk into a Petrol station or supermarket, deposit money in their account through their POS and they give me the cash equivalent. It will help this businesses reduce their cash calls and bank trips.

Knowledge9000:


Are you okay? I know you are an afonja. Didn't you see your fathers and mothers sitting on the ground INSIDE Ekiti bank to withdraw their money? What other ways to access your money if not through physical withdrawals and ATM? I don't know what is wrong with how you guys reason.

Knowledge9000:
I was in Kaduna, you should have seen the lines at the ATM machines, and within 3hrs, the money was finished and people almost broke the machines in anger. Anarchy is brewing in this country and the government visavis banks are foolishly making things worse by.....PREVENTING PEOPLE FROM TAKING THEIR OWN MONEY....THEIR OWN MONEY NOT STIPENDS! Let me tell you something this stubborn, heartless government...you can destroy the economy as much as you want, but if you dare try to prevent people from accessing their hard earned money under the hardship you have inflicted on us in this country, that's a call for anarchy. This is not APC or PDP, people are angry. This is just common sense! There is no doubt there is order from above to banks to limit cash withdrawals for liquidity reasons, if not...WHY IS THIS HAPPENING NOW? This has never happened before. We see this only happening in countries with failed economies as was seen in Greece where the government imposed austerity measures and limited cash withdrawals to control liquidity and reserve.

proffemi:


STOP SAYING THIS. People should get their money in the form in which it is useful. I personally carried out transactions worth hundreds of thousands of naira online this last week, but for other transactions, the appropriate tender is paper money. If you don't allow me get my money in that form, you are denying me access (notwithstanding the fact that I can do other transactions in cashless format).

PresidentAtiku:
And just to imagine that this government's supporters AKA Zombies were 'yabbing' MMM for freezing. With all the NDIC,CBN regulations over the banks, who is the real scammer now