grafikii:
That is the payment/punishment of voting and allow wasteful people to rule us for 16yrs. Una never see anything

Till Nigerians start feeling the pinch individual, then we will start holding leaders accountable.

Btw your 50 naira is going into buying bmw for the presidency and american spec toyotas for the senate

lofty900:
So if I do bank transactions 50 times in a month, it's 50×50=#2500 gone just like that? I've never seen a reasonable government that turns to stealing from the masses to generate income. Continue, I can't wait for 2019

opsydudu:


Fvcking re.tard, you are as pathetic as you type. I no dey your level, shove that to your sorry ass

lofty900:
bro you asked a very intelligent question. 50naira tax plus 4naira alert, that's 54naira deducted per transaction. Ewooooo, we don't want change again!

Whobedatte:
old man wey no get any other job apart from punting. Get a life bro and stop posting rollover bets on nairaland. Foolish fool

henryhemon:

Clears throat.

xtervaganza:
oloriburuku omo Irankiran



You'll end up like nnamdi kanu

maslong:

empty barrel that makes the loudest noise . anu ezi. may God punish all your generation. idiot

Pidggin:
Thieves! Why should FG collect money from me when my account gets funded, especially after paying my tax? This is WRONG on all levels.

Anwonspee:
CBN should call GMB to order or ur comment?

OAUTemitayo:
Very sensible.
Oil price is going down and we need to up our revenue moves

Exmay:
Please Nairalanders in the financial and legal sectors kindly contribute.

Is this Legal?
Is it Obtainable in the western world?

if the answer to these questions is affirmative, then i see no reason to cry foul. however, if otherwise, i see a turbulent future for the FG.

PaulJohn1:


I seriously wonder why a lot of people are blaming the government for this act.
Too many awoof things in Nigeria believe me.

I wanted to deposit money into someone's account here in Deutschland (a local account) , but because I'm not a customer of the bank, I was told I'll pay 15€...
Bank here charge 5€ on accounts every month. This is a country with good economy.

Nigerians should understand that we can't expect anything good from government if we don't pay tax.

bezimo:


You are a blantant liar.Money was deposited into my account from another bank in Germany 2 weeks ago and neither I or the sender was charged any money. Dont bring falsified lies to support Buharis fradulent policy.

PaulJohn1:


You could have said what was applicable to you without calling one a liar. You were never there with me, which makes you not to be in the position to tell if I was lying or not. However, what I said wasn't a lie. I couldn't make that particular transaction because I didn't have the extra 15€ requested that day.

bezimo:


I am not sure I can agree with you, but I know that transfer and withdrawal of funds within banks in the EU dont carry any extra charge either to receive or withdraw.I've been there so I don't know what you are talking about.

jimmy1boy:
FELLOW NAIRALANDERS..... LET'S START SAVING LIKE IN THE OLD..... GET A BIG POT BURY AND SAVE....... END TIME STAMP.

customised87:


I believe this means the charges wont be deducted from savings accounts.

SeanDada1:


So you never sleep? See you in Toronto 3 months time - Mr.. What have you

Stevosty:
In order to avoid any further confusion, here is what you need to know about the CBN’s N50 stamp duty:1.This announcement affects only current account holders and not savings account holders.2.It does not affect salary accounts or student savings accounts.3.The new policy includes all receipts by a bank or financial institution in acknowledgement of services rendered, in respect of teller deposits and electronic transfers for the value of N1000 and above.4.The policy complies with the provisions of the Stamp Duty Act2004 and the Federal Government of Nigeria’s (FGN) Financial Regulation of 2009.5.The N50 stamp duty will be charged per transaction and not per volume that is from N1,000 and above.6.Under the schedule to the StampDuty Act 2004, some exemptionsspecified includes payments of salaries and wages, payments, deposits, or self-to-self transactions, whether inter or intra bank.

Ezeebube2:


time will tell

ibkgab001:
GO n DIE



we must balance the economy

godoluwa:
hw many ppl u don dash 50naira today?