The Human Cost of Nigeria’s Cashless Policy: The Painful Phase.
While the policy aimed to reduce cash dependency, improve transparency, and modernize transactions, its implementation created widespread hardship for millions of Nigerians because it was poorly executed.
According to SBM Intelligence’s"Strapped" report found 84.5% of Nigerians negatively affected. 76% of business owners reported operational impacts.
The cash scarcity severly hurt small businesses, and some kidnapping victims died because there was no cash available to pay ransom demands.
In many cases, POS operators charged high fees. Bank officials allegedly exploited people who needed cash. In some cases, you had to pay ₦4000 to get ₦20,000 in cash.
People were devastated. You could not transfer money with confidence, as there was always the fear that the transaction might fail and you would not get a refund in time due digital failure and poor network issue.
Everything came to a halt, particularly for elderly market traders who had never opened a bank account and had no idea how the banking system worked.
All they knew was cash, and since there was no cash available, business stopped for them. They had goods to sell, but no customers could buy from them.
Feeding their families and meeting daily expenses became a struggle. The resulting tension cause several problems including health issues, spikes in BP, some people suffered strokes and became paralyzed, some died because they are unable to pay bills at hospital and many are still yet to recover from the stress and hardship.
It was an extremely difficult period for most Nigerians.
@Luckieagle@masskeemz Even in war, Islam forbids attacking people in their places of worship and turning children into killers. These radicals are going against Islamic teachings.
Seeing this, I don’t blame Christians one bit for voicing their concerns about radical Muslims. I’d be doing the exact same thing if I were them. This is not islamapobia.
Nigerian radical Islamist leads young volunteer cadets in parade chanting “Give me AK47 to go into the infidels in Jos, in Enugu on a Sunday and spray fire on them while they worship”
She got her head injured campaigning for a politician who doesn’t even know she exists and now she’s crying for attention. This is what happens when you let desperate people use you as a human billboard.
Next time collect the money and sit at home.
In an interview, the woman who reportedly sustained a head injury while campaigning for Uba Sani in Kaduna says she now regrets promoting him and the APC.
According to her, no APC official has visited her or even called to check on her following the incident.
Her account raises questions about the support political supporters receive when they are injured while campaigning. No one should have to face political violence, and every injured person deserves care and compassion, regardless of their political affiliation.
The filthiness in politics is what I despise. A father and a leader lying on national television by claiming that the worst government since 1999 has done more for his people than they ever dreamed of. Arewa, we are in big trouble 💔
2027: In Kaduna we are not talking about 70%. Allowing any candidate to even get 25% in Kaduna is a failure on our side because President Tinubu has done for Kaduna something we never dreamt of having.
- Kaduna State Governor Uba Sani