The Poor Illiterate Masses Are About To Make Themselves Very Unpopular - Business - Nairaland
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| The Poor Illiterate Masses Are About To Make Themselves Very Unpopular by Oduok(m): 7:19pm On Mar 14, 2023 |
Go to markets and local shops to buy now you will see them carrying themselves as demigods - not accepting transfer and not receiving old notes. Always insisting on new notes so they sell it to POS agents at night for the public to buy the currency and return to them in the day time. They think they are smart. Stark realities of the naira redesign include: 1. Bank workers especially lower grade cadre staff will lose their jobs, as Emefiele has made banking unattractive. 2. Lots of petty traders will fold up and regular markets will be very unattractive to the public. 3. Churches that dance round to give offering will soon be out of business. In the coming days many innovative markets will emerge. These markets will sell food items by receiving transfers and online purchase and delivery. Of course servers for online payments will be upgraded. Many think we study software engineering in vain. Transfer networks will be fast and reliable. Only very few backward poor will be visiting regular markets. For example in Eket, there will be more of the likes Market Square, Hephzibah etc that will sell basic commodities using POS, credit cards, transfer, and online payment and delivery. Many transport systems will introduce online booking for tricycle, okada and buses. Mega churches will grow bigger as members will transfer offerings and tithes within work days. And members from other churches will prefer sleeping in their homes on Sunday rather than facing shame of not being able to dance round to give offering. Schools will upgrade to POS and online payment of fees. Computer Engineering, Mathematics, Software Engineering and Cybersecurity will become very promising fields. Surplus cash is not returning again. Cashless economy has come to stay. Upgrade or be crushed into oblivion. Welcome to reality. Id Oduok 3 Likes 1 Share |
| Re: The Poor Illiterate Masses Are About To Make Themselves Very Unpopular by budaatum: 7:27pm On Mar 14, 2023 |
Reduction of physical cash was always the intention. Next is to get rid of your card so payments are by tapping your phone. https://www.youtube.com/watch?v=os43bB3RsGk |
| Re: The Poor Illiterate Masses Are About To Make Themselves Very Unpopular by Oduok(m): 9:28pm On Mar 14, 2023 |
budaatum:You are right 1 Like 1 Share |
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