kennyz247:
brainless man and his useless policy

Originalsly:


I understand that... it is not the first time new notes were introduced... the old notes are always phased out over time.... but we were never moving into a cashless society.... the reason the notes were replaced. If now .owing into a cashless society ... why introduce new notes and replace the old notes instead of phasing out notes period? ... how are you making it cashless by maintaining the same amount of cash?

NLPoliceWoman:

Again,
Seun Mynd44 Justwise Dominique.
Rule 2

ShoeWorld2:
cash limit is not anti-people no doubt, but the issue is our banking system is not yet there, can you imagine armed robbers forcing POS operators to transfer money to another account( probably their own) still yet the bank won't be able to track and arrest the criminals.
The above example means that the purpose of the cashless policy is defeated because the law is supposed to help fight financial crime. I lost 96k which is not my money via card fraud and the bank refuse to block the account or even do anything to the heartless criminal.





I sell beautiful footwear and sneakers at affordable price.
https://www.nairaland.com/7443916/quality-affordable-sneakers-both-male

dyera:


The problem with you Nigerians is you always refuse to change unless you are forced to. What is so difficult for those businesses to acquire POS and enable cashless payment for their products.

IamANigerianMan:

This policy real affect criminal

ShoeWorld2:
cash limit is not anti-people no doubt, but the issue is our banking system is not yet there, can you imagine armed robbers forcing POS operators to transfer money to another account( probably their own) still yet the bank won't be able to track and arrest the criminals.
The above example means that the purpose of the cashless policy is defeated because the law is supposed to help fight financial crime. I lost 96k which is not my money via card fraud and the bank refuse to block the account or even do anything to the heartless criminal.





I sell beautiful footwear and sneakers at affordable price.
https://www.nairaland.com/7443916/quality-affordable-sneakers-both-male

Flango:

I'm not sure if the CBN policy is the right one. But, when our lawmakers are fighting you this hard, you just might be doing something right. Those guys don't fight for the interest of the country.

FOOTSOLDIER1:
But how can a normal human being get up from his bed that election day only to go and queue up under the sun or rain just to vote APC or PDP?

1x2x3:



Your lawmakers are the politicians that has been making life difficult for Nigerians for decades.

Whenever you see them fighting this hard, just know it is for their own benefit not for the people. The masses have been crying over [/b]police brutality[b] till date, your lawmakers don move an inch?

maasoap:


Should we now go and queue under the sun to vote for LP, a party that's just emerging as third force but has basically riddled with corruptions from every corner? From the campaign DG to party chairmen to coordinators of the self serving groups.

FOOTSOLDIER1:


Oya go ahead and mastubate on it. Don't do the needful.

whitemand4:


Only police brutality? What about DStv pay as you go

FOOTSOLDIER1:
But how can a normal human being get up from his bed that election day only to go and queue up under the sun or rain just to vote APC or PDP?

Obaofaba:
It is anti people policy

I laugh when some were saying let the policy remained till after the election. The dumbest argument I've ever seen.

What is the total number of those aspiring for political office in Nigeria compare to the well-meaning Nigerians that the policy will have affected between now and after the general election if we hadn't resisted it?

2 hours only could be a hell of long time for someone fighting for his life talkmore of a policy they were advocating to last for a couple of months.

If that is even the case, can you as an investor, invest in a country with policy summersaults?

All this SS one economics cannot save the naira, only being productive will.

If it's bad after the election, it's bad before the election

CalabarPikin:
CBN please keep pressing this guys down

ShoeWorld2:
cash limit is not anti-people no doubt, but the issue is our banking system is not yet there, can you imagine armed robbers forcing POS operators to transfer money to another account( probably their own) still yet the bank won't be able to track and arrest the criminals.
The above example means that the purpose of the cashless policy is defeated because the law is supposed to help fight financial crime. I lost 96k which is not my money via card fraud and the bank refuse to block the account or even do anything to the heartless criminal.


I sell beautiful footwear and sneakers at affordable price.
https://www.nairaland.com/7443916/quality-affordable-sneakers-both-male

OlujobaSamuel:

I lost 50k because GT said there is nothing they can do on an erroneous transfer due to system error (terminal went blank) and transaction was retried, since I don't have an account with them.
GT said I should go and meet the Merchant through which I sent the money.
Merchant said I should get a court order and mail it to them.
Lawyers are demanding for 30/40k to help with a court order, one even demanded for 60k.
I pleaded with one to accept 25k which he did, but he has always been telling me he is not available.
Stanbic ATM card has been failing on POS terminals for almost 2weeks now
Yet we want everyone to go cashless in a month

ShoeWorld2:
My experience and frustration with Nigeria banking system is much but I have not seen this type of case before. Requesting for court order for a transaction that failed because of their ineptitude
I even remember paying someone with bank transfer but it failed and I was debited. If not that I have another account with another bank, I would have been dealt with for that

The truth is that for any initiative, there will be challenges. What matters is that the benefits must outweigh the risks.