Naira To Naira Rate, Nigerian Banks are the perpetrators of this madness.
“Let no one deceive you with empty words, for because of these things the wrath of God comes upon the sons of disobedience, ” says Ephesians 5:6. Again, let no one deceive you with empty words from Bank managers to electoral candidates.
If you’ve been at the receiving end of the never-ending chaos from these past eight years including the current one of buying naira with naira, you should know no human being deserves this.
Days after the Central bank of Nigeria announced the circulation of the new currency notes, we’ve seen videos of bank employees and managers hoarding new notes and even old notes as well (**Is this Indomieeeee* In Femi Falana’s voice) This is rather unfortunate and intolerable and these bank managers need to be held accountable. The Nigerian people are already facing so much as a collective from the evil of this administration and to think bank managers who are civilians would add salt to injury. Restricting people from access to their money, faulty online banking, and going far as to limit people’s withdrawal to 3,000 naira.
Just this morning, we came across a post on Instablog. In the post, a Nigerian man in his mid-30s arrived at a bank with his bed wrapped in one hand and a cooking cylinder in the other. Since banks won’t let him have his hard-earned money, he might as well move to the bank as his new home. Moreover, what would one expect? It’s sad it has to be this way.
Another clip from yesterday had employees from Zenith bank jumping over the bank fence in a bid to escape the wrath of customers. Over the past few weeks, there have been complaints online from Zenith customers about the illegal deduction of money from their accounts. Both from their naira accounts and domiciliary accounts.
In one tweet, actress and media personality Toni Tones complained of having over 6000 US dollars illegally removed from her account. See the tweet here;
Why do Nigerians see every terrible situation as a means to exploit other Nigerians? This has birthed the current Naira rate in the local market, Nigerians have been forced to buy Naira with naira, A friend of ours, had to withdraw 10,000 naira at 2,000 naira, and we are certain there are worse stories. Maybe a reasonable way to introduce new currency notes by CBN would have been for the old notes to still be in use while the new notes circulate.
The new currency is in the storage of these banks, but they still do not want to release it to the public while the government has managed to have citizens turn in their old notes. With people’s lack of access to cash in a country that cannot sustain running on a cashless economy, what would one expect if not chaos and anarchy?
Let no one deceive you with empty words and manifestos that end on just tiktok and as Paul Cleverlee’s beats. Do right by yourself.
What Can We Do ?
Nevertheless, we know what we can do. With the 2023 presidential elections just a few weeks away, there’s one way we should all express our wrath. That’s on February 25th, 2023 and that’s at the voting poll. Remember this is literally 4-8 years of your life at the hands of someone. Take your anger to the polls.
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