 మిలు మండుటినికినూగటార్ మార్టిక్టినిక్టిసి pendulumస్మిలాకికాలాందిండినిటందిదినిఉదికిక౾టికికాటిత్టెడిక్టిగిందికిన౿ంథుని మిర  odpowied                 pharmaceuticals  大    B-one point something  true yourшь   milli      ok        B-isp   BEI      C excellGo  就 David OitPeter Ap pulp నిిపిసిిమ్లిలిందిలిలిలిందిందిందికిందిందికింది. Where did James Bank get all this money? Why are big banks like Zenit, UBA and other big banks, you know just they just sit him down? What is happening? This is conflict sabotage and we cannot take it. I'm here to take money. They said that it's not money what is going to happen to ordinary people. If Gold Russ works with Iron, UBA, Z meng, మ౰ోం్ఏకం లోట్యం Kollegin Issan సోకండితర్ఒచట్టంఽ్ం � July నన option మశత్పత్శిడడి మసి jesteśmy యర్అక్ acceleration మట్పత్లినేట raging�ికినేతైనిత Tyng for consumer goods and 30% for cement manufacturers as the shortage of fuel and the new notes worsen. Now the tension is rising and the people are angry so what really is happening to our nation and why is no one in the position of power saying or doing anything about it. So a large majority of the country's population is currently suffering from the brute and we truly want to know how the nyroscacity is affecting Nigerians. How is it affecting you? Now please let's hear what you have to say. Remember you can join the conversation, send us an SMS or WhatsApp to do it one 803-4663. You can also tweet at us at weishioafqa1 with the hashtag weishio. All right ladies, let me start with Chinelo. Maybe I'll come to you, don't worry. But that is how you Chinelo. Maybe we should answer the questions first. How is affecting us before we then now see how we have seen it affect Nigerians. How is this nyroscacity affecting you? So I thought this thing was a joke. I think about four days ago or so, I myself and my friend tried to withdraw cash. Normally if we withdraw, I don't remember last time I used an ATM by the way. I usually just go to the PLS because I hit those queues and the ATM queues. So I usually just go to the PLS and then withdraw 5,000 Naira for 100 Naira and 10,000 Naira for 200 Naira and all of that. And so when I think I was trying to buy fuel that day and then the PLS wasn't working so I had to use the PLS. And the guy said to me, he wasn't my friend that went first and then she came back and said this guy must be stupid. I knew my rent off I was like is he mad? I mean please just go somewhere else. And then he went somewhere else and I got there for me and I was like what's this happening? Why are you guys extorting us like this? And I went on and on and he didn't even blink. He was like if you don't want, so I didn't have a choice but to pay. And then two days later I stay here and yes if you want to collect 5,000 Naira you have to pay 500 Naira from collect 10,000 Naira and you need to pay 1,000 Naira and it didn't make any sense to me. Then I said okay maybe we should try the ATM queues and then just like she said what's happening in Akwaibom now it's happening then in Jakondae you go to the queues and then they are watching how much it sees that you have to join. You can't, not even police or you know the military. Even the people there. They are like madame no you got 10,000 Naira you have to give them 5,000 Naira and I'm just wondering what's going on how did we get here how did we go from oh my goodness so personally it is affecting me in so many ways usually I go to places where I can just easily transfer to them or they have POS people I just call them I can't do that anymore even at the salon now to open the bank app safe is that one I don't even understand how is all of this now affecting us transferring money and doing online transactions so it's affecting me greatly Mary isn't that hard to be honest here it hasn't really affected me like that why I'm missing having cash is today I was going on the road and I saw Boli and I could not buy it because I don't have cash but I wanted to stop to ask for who has account so I could transfer to them because my colleague said that today she was coming she saw Udara and she told the woman I want to buy 3000 won of Udara and the woman got POS like those POS people to get and they transferred to her basically the whole point is to be a cashless society and I can feel it because the people who are going to so far the people who the men who get tips here and there so I don't have that loose cash too easily give out but I'm so far so good the bank has been their app is fairly okay POS has been working the same bank that somebody said they took is 12000 dollars so I never knew how valuable 1500 Naira was until now so today I was I was somewhere and I gave the first thing 1000 Naira because it was we were discussing so he wanted to check out some he said this is the first time this 1000 Naira the new 1000 that is the first time he is touching the 1000 Naira can you imagine that but for him it is beneficial to him because before everybody that comes to his office he is always doling out there is no money there is no cash so at least he is saving his money but at the same time for some strange reason I just feel like these people do not understand the catastrophe that is about to happen but let me hear how it is affecting you personally we now talk about the general one so for me personally I don't deal in cash I won't I don't deal in cash I think for the past 2 weeks I have actually not had like fiscal cash I had to withdraw on what was that that was when I had to actually withdraw cash and I was able to use it then 2 days ago I was on the road and I saw this guy hooking popcorn and I still had the old 200 Naira notes so before I even paid I had to ask the guy are you sure you collect this money he said yes yes why not I said thank you at least you take it off my hands but by the time I got to my destination I couldn't do transfer I couldn't do anything so like my bank access wasn't working UBA wasn't working and those are the only 2 apps that I had they called your bank name they tried to attack them but this is not an attack it wasn't working and I just sat there I was looking at the many cash I had I said ah I'm not sure I want to give this guy this cash because once I give it to him that's the end meaning if my bank app isn't working tomorrow and I don't have that cash with me there's nothing I can do I work from morning to night what time do I have to actually go to the bank to start withdrawing or queuing online just to collect for 2000 Naira let me give you my experience yesterday I had something major I needed to pay for at the bank and it's not the kind of payment account number so you need to you can't transfer you need to walk into a banking hall I got to a particular bank I was filling myself with ATM card I said okay cashless society and I went there and when I went there madam said sorry it's either you have an account with us in our bank or you probably use a thought party account I said I don't understand I don't have an account in your bank but CBN is preaching cashless so I then called my sister that works in the bank for many years before she moved into fintech services she said that every bank has a retainer account so they should be able to receive money from a thought party bank keep it a retainer account then now do their in-house reconciliation later the lady said she was not ready to do that or I had to call you understand and thankfully he just said you know what let them debit his own account because I needed to make that payment no option so while I was there two ladies came in they were feeling pang sexy pretty ladies and they said they came to withdraw money the lady said she was lost looking at their account first of all all the bank staff they were outside would you ever see bank staff just looking around they were outside then the ones that were inside the lady would go down and say okay 50-50 naira so by the time I went because the transaction took a bit and I came back they had even reduced that 3000 naira they were giving because they were counting 20 naira, 30-20 naira notes they were giving people to 2000 naira that's all they were giving them then by the time I went back to the bank it was 1000 naira they were giving they were no longer even giving 2000 naira so I didn't ask the lady at the counter do you understand what is going on so this people use 200 naira or maybe 400 naira to transport instead to collect 1000 naira in the bank what's the difference between you people and the POS vendors do you understand and so this is for me I think the insensitivity you can see that I think the insensitivity the insensitivity the insensitivity the insensitivity the insensitivity insensitivity before you put in a policy and this is where my anger I went on instagram I was doing different videos my anger is I do not have any problem with Mary's philosophy of cashless society but you see cashless society can only work in a society that is ready to be cashless our society is not ready to be cashless we have a lot of things that we still depend heavily on cash so you cannot put a policy that is cashless for a society that is heavily dependent on cash now they say J is bank because that's the only bank I hear that has money they have limited branches so what are they getting right why are they loading their ATMs why can't other banks follow suit now the question of where me and Mary entered fights was the people spraying money where did those people get the money that they are spraying when the people that really need money don't have money so all of these things are the things that just beats my imagination even for wealthy people billionaires they can't even get 20,000 some of them the best they can get is like 10,000 error so they have 10,000 error you that is a what's it called a POS vendor you are holding stock of bundles of cash they get that money if they are not conniving with the commercial banks so commercial banks are saying that CBN did not release funds CBN is saying that they release funds is the commercial banks that are holding the funds who then will believe Joey Bokwe talking there is taking a political is a sabotage something that is approaching the elections now because there is a lot unfolding at the same time whilst we are happy about this particular election if this trend continues we are happy that it will not be a money politics like business as usual because now there is no money to pay for voters to sell their votes whilst we are happy about that what about the ripple effect of how the everyday person is hungry on the street there are people that live on daily income they don't have accounts they don't have accounts those we barrel truck pushers how much is their bill 500 naira 200 naira people that are carrying loads in the market how much is their bill so all those ecosystem is the problem that is what and those are the people that any little agitation you saw the video of the guys at the bank taking whatever and trying to hit each other the lady I took her video yesterday that stripped naked in the bank she is not being able to pay her children's school fees do you understand the overarching effect is too heavy so we need to find a solution and let these funds be released back into the system it is so unheard of that we are using naira to buy naira okay I rest my case I took a screenshot today I saw something on my on instagram a girl had complained that she had spent she paid 5000 naira just collect 50,000 naira thank you and someone else now said that she was supposed to collect 60,000 and then they build her 10k so she saved the guy 60 and the guy gave her 50,000 naira that's I mean look at the disparity so a whole 10k our naira is even more expensive than the other naira just gone the colonel called from potakot on Tuesday Charles said for 20,000 7,000 because it was 28,000 so do you understand what is happening like you said the real viral guys there are people who sell pure water just by the stand are they supposed to also have POS okay somebody wants to buy what okay I want to buy 100 naira I will transfer to you and then they will charge you for that transfer so that's why I said and that was what I said you have to marry that before you say you want to do cashless you must create an account for those people that it is zero naira transaction you understand because that is all they know they deal in cash so when the corn roaster collects her money that she has gotten from all of us bought corn she takes that cash straight to the market buys fresh corn for the next day the transaction is in and out I was hungry yesterday I had to gather money from Malera for them to buy me something to eat so these women they don't collect transfers so why can they get an account why can they open they cannot get an account because your account if I paid a 100 naira corn the bank will probably take maybe 10 naira or 5 naira that eats into their profit it is not sustainable and bear in mind that you want to do a transfer sometimes these bank apps are not working so you are going to wait to confirm that they have gotten their transfer and you won't leave so imagine you are rushing somewhere you will have to actually wait and if I was a vendor you will wait until I have seen it because yesterday a transaction was made I didn't get it I knew that it was later I went to my balance and I saw that I had been credited it reflected that is what has been happening if the person who sent me the money had not actually sent me proof of payment I wouldn't have known let's not even forget the part of fraud where people go to people and create false alerts I mean we heard the story of the man that sold his car to some fraudsters they generated a false what's he called a receipt and everything it was after they left that he realized that that was a false transaction so even our online banking system has a very heavy lace or fraud what have people been complaining about money is just disappearing from their accounts so our economy right now is not really ready for full blown cashless so we must be able to accommodate everybody I mean you mentioned earlier you mentioned earlier that they were giving 1000 EUR now we know people that work in VI but they leave and do you know how many stops they have to take how am I going to finally get to my house so that means you are going to get stranded on the road you get to a point where you just have to calm down and start walking to your house and that's very unfair let me take your comment Jennifer I was thinking maybe they should start doing vouchers I remember when I was in school they didn't need to allow us to use cash to do anything but then if you have 10,000 EUR you go to the what they call it now you go and buy vouchers worth 10,000 EUR then you cannot use those vouchers to buy whatever so if they know that they are not ready to let this money circulate or something like that create that kind of let the people that are selling on the road will live on their daily wages give them vouchers so if I go to buy something let it be as legal that's an option if we are saying that we want to go cashless completely create these vouchers how much you take to create the vouchers that's the case because they will tell you that they use 15 million they produce vouchers but we don't go there these countries if your cruise alright thanks for staying with us if you just tuned in to Ladies Night Out and we are discussing the topic how is this nirascacity affecting Nigerians now please let's hear what you have to say remember you can join the conversation send us an SMS or WhatsApp to 081 8034663 you can also tweet at us at WeShow Africa one with the hashtag WeShow 07025007749 that's the number to call remember the rules turn off the volume of whatever device you are watching us from then try to keep your conversations within 60 seconds so we can have as many people call into the conversation I mean it's interesting because we are talking about how the nirascacity is affecting Nigerians nirascacity has periled into even the fuel scarcity before the nirascacity if you wanted to buy 10 litre fuel because I remember there was idea I was running low on fuel I just decided let me try my luck because I always have somewhere I get fuel but let me just try and ask because it's for information purpose I said how much is 10 litre it said 4005 meaning that he was selling it at 450 naira per litre now that yes now you understand my pain while I was screaming that day so now that there is nirascacity on top of the fuel scarcity I have not asked how much but I am very sure you can imagine that was how much you bought fuel I got to the point I had to transfer I had to transfer it transfer what it took forever Mary I don't know what is your with this transfer because normally that filling station they have the purest attendance usually around you know by notice that today they had maybe just one person usually they had about maybe 2 or 3 so just one person and I looked at the lady and I said because the amount of oil I was buying was a lot I lost it it was a very big risk let me take Obina Obina from Gombe I believe hi thank you for calling your life thank you very much for allowing me to earn my view on the topic go ahead the Catholic police yes we are on it already and there is no going back I was listening to to the analysis you guys on the TV what I am saying is this as my own personal contribution is this we are all going to throw away the baby and the bath water together with the bath water the policy in itself is very very good if we are looking at today's global economy then let's look at it again in this direction for those who are saying it is a total sabotage because of the forthcoming election my question is who are we sabotaging is it the politicians or Nigerians indeed we all know the election in Nigeria how we have been crying concerning the monetization and everybody wants a clear clear election that we all share in a new Nigeria then if at all or even if someone is insinuating that this is because of the election is it wrong for us to have clear world accepted election thank you so much thank you thank you there are agitations around these elections honestly speaking and everybody is thinking but really I ask that same question who exactly is the target for this scarcity who plays money politics who is the target today you are talking about affecting my carpenter is supposed to come I am doing some work renovations my carpenter is supposed to come in from Kaduna he couldn't come in so I had to send money so he could collect cash from the vendor you understand this thing is beyond just elections so if truly this thing is targeted at keeping money politics out of this 2023 election it's affecting every other thing business took out what the business date and said about the percentage of patronage and percentage of consumer goods and all of that dropping you understand those are facts and I think that percentage is even way lower you understand because really in the real sense of it it would affect much more so how do we come out of this how do we start voucher I would not really suggest voucher because Nigeria except if it is electronic voucher that they don't need to use money do you understand which is still part of because I don't understand how a country even this money that they picked the country used money to print that was obscene but I think we have Obina again from Abuja another Obina okay different Obina thank you for calling today is day of Obina hi Obina yeah thank you go ahead your life hi we are in the customer policy is a great one however as you already mentioned people who are not the main target have been affected just because of the precautions that we are most are concentrated yeah I think your line is a bit more full but I think like he rightly said it's the wrong people that have been affected I think basically they should pump more money into the system because if you look at it the people that are suffering it is not like they are trying to withdraw more than 20K let's be honest out of it but we also have that culture that is something new so even the people everybody just panicking cause is that you don't have it there have been times when maybe casually we have not gone to the ATM for one week and nothing happened but the fact that we actually know that there is no cash there is actually a panic mode in us to say did they tune ATM mode everyday I look at your smile but I am sure there are times you have actually survived I am not saying that I have always survived without cash yeah that's what I am saying but I feel like these people are also on panic mode to say they just don't want to give us money they just don't want to give us money there is no money there is no money fine I think what CBN can do is let's pump more money I will add to that but let me take Godwin from Binin yeah good evening hi good evening yeah thank you very much the cashless policy is actually a laudable policy but one the timing is wrong two of the government put the military structure to accommodate this cashless policy you try to make a transfer is very difficult to get through number three what measures are they put in place to track down fraudsters thank you so much thank you so much what measures have they put in place to track down fraudsters because now the big problem that we have in our hands is what we are seeing we have some people that are cabals of cabals we need to catch those people I was going to say to Mary that adding to what you said about pumping in money I think the solution would be we already have modes of dispensing money most of these people that are chasing they have access to the ATM if you even say restrict the account electronically in a way that from your bank from your bank they would have done the way you have a daily limit of 20K limit everybody's withdrawal to 10K no, I'm saying to you limit everybody and then load the money in the ATMs and force people to go and get the ATMs card I mean ATM card at least for the people like the Iyalata and all those people that are carrying load my 10,000 that I have withdrawn are able to pay her do you understand but everybody not having money is chaotic do you get so even if you say you want to restrict it just say okay let me restrict the money that it's in a low cost no, she can go everyday but on a daily basis it's just 10K that's her limit why are you increasing it to 20K you already want to have to go cashless since she is changing amount we withdraw now let me take echo from potakot no, you are the one that say we should go cashless 10K echo if you are alive hello did we lose him hi echo from potakot good evening go ahead your life hi good evening ladies go ahead your life we can hear you live okay so this policy is a very very loadable this policy is a very loadable policy but like every other corner have said the timing is very very wrong I would personally prefer after the election this policy would probably kick off if you see how people are suffering in potakot I don't know where I don't know somewhere else you see how people are suffering in potakot it's quite unfortunate that this is happening thank you thank you so much if they do it after the election all the bags of money are still going to roll out because I was even hearing the other day that the ipop community or whatever they came out of the road and they were handing out cash to people almost like 100K and 100K are you know cash to people because they don't have how to dispose of the money the money has gone extinct so I mean and that's what the governments want but like every other corner have said I guess the timing and maybe there was really no preparation for the masses that do not have accounts and all of that so CBN should either come up with a solution to that either there will be like a different account like you said like a lower account that has lower charges to accommodate these people lower charges zero charges a woman that is selling corn you cannot charge her one penny from that money that's the only reason she will not put her money in the bank you must be able to give them anybody that is their transaction maybe their daily transaction or their overall turnover maybe it's like 10K or 5K per day what do you want to charge inside that money for goodness sake we have came from Delta good evening I'm calling go ahead your line is a bit I said that money go out the cash yes go ahead please the question is it's only affected not really not really the politician we can't really hear you it's a bit maybe if you can try to call back the line I can't even hear what he's making I'm saying this one is hitting everybody it's not like it is hitting one person and it's hitting everybody the billionaires are all of them we are all cashless you know which is good everybody is on a playing field but the point I was saying them let's have zero charges for those people then they will be encouraged to open those banks so when their business grows and they are saying the turnover is getting but if you say you want to charge them money for maintaining that account then you can never ever have them put their money in the bank already there are banks that offer those services it's zero balance for opening of the account do they have for no they are hitting charges well they will charge you yeah but then those people it costs money to run these things right so we don't expect that they won't charge them at all I don't think they shouldn't charge them they should charge them but maybe the lesser amount than what they will charge so it creates an account or a type of account for those kind of people and say ok so now if you belong to this category and then you open this account normally you will charge for an error for SMS charges don't charge them at all let me take Chris from Delta don't charge them you are not ready their accounts are broken thank you very much for the great work you are doing I said this situation has just shown us that the banks are also not ready their bandwidth is too small hence all of them are having problem this time when the cash situation is much in the country thank you Jennifer let me hear your final thoughts as we are winding down honestly I actually feel bad for a lot of these petty traders because like she said they are just panicking I don't think their panic is out of place because if you are always used to having cash even if it's 1000 or 2000 naira and then all of a sudden it's like that is entirely cut off you are thinking how am I going to do business how am I going to be able to trade how do I get this from this person at the end of the day if you go to the market you start seeing people taking things on credit because oh I don't have cash to actually pay you right now I also don't have an account so either they have to call their children that is somewhere that has an account to send the money to them okay I will pay you back and then you have people here and there and then it becomes a very long chain like if you are going to enforce a policy like this like the other caller said you have to actually put and this is something you need to ease people into you can't just enforce it just like that because sometimes you are like you need to ask did you actually analyze the data what insights are you working with did you actually check the demographic did you check the business that you have in your country to be able to say oh in one month we can cut this off I am not sure they did their due diligence in my opinion how about you they did not do any analysis they didn't do all that business insights and they did nothing I mean if you go abroad people don't pay for train there and then now you have e-wallets you have cards there is apple pay those things work so if you want to do that in Nigeria you want Nigeria to actually work on a cashless policy they increase infrastructure so we bless you let me take Ado Ibrahim is he a percentage candidate thank you for joining us hello hello thank you for joining us good evening ladies my name is Malika Ado Ibrahim I am the presidential candidate for YPP oh okay nice to meet you my wife is a great viewer of your show so I am going to get into this conversation oh thank you how are you all we are good thank you so much for joining us ladies what a great topic we are really in some serious problems at the moment and the country doesn't seem to be being governed by anybody who gives a dark about the normal ordinary Nigeria there is no apology for what is going on we are talking about try to I guess punish somebody but in punishing one person you are punishing millions of Nigerians this is an unfair policy it is ill thought of nobody in their right mind should be able to change your currency within this short period of time and cause such panic the British are changing from the queen to the king and this is an orderly conduct everybody understands this this is not the first country to change currency why must the ordinary Nigerians suffer through this and in case the government is not paying attention this is what revolutions are made of it may not be something violence but it could certainly be something that overthrows the government I was just going to ask you do you also believe that this has a political undertone there is no doubt about this and I give you the main premise for this so called opposition parties are they making any comment there is nobody doing what a normal opposition party would do which is to go to the public make sure that the public understands that this is a problem have sympathy, have empathy nobody is doing that everybody is pointing at one man and they are glad he is not using money politics but you know what millions of people are literally suffering from the last three or four days because of this selfishness thank you so much we hope to have you on the show I will be happy to come ladies you are doing a great job and Nigerians we feel for you this is not a simple thing it's complicated but I just pray to God that we can find a way that can ease the pain that everyone is feeling rich or poor this is a very difficult situation for Nigeria two weeks before an election thank you so much you did a great job thank you very much for bringing this out to the public thank you so much I mean Mary final one wow how I feel like all I can say I think it will be over soon I know it's really hard I sympathize with everybody it's affecting each and every one of us let's know all about it but I hope that over time more Nara notes will be released into the system so at least everybody can calm down let people be able to withdraw even if it's 10K let's even see the 10K or 20K to withdraw you understand that so that it can help to calm us down do you secretly work with CBNs how many questions do you have six you have shares there so I was going to say that if CBN and the banks just cooperate you see all this rush like you rightly said there's paranoia that's what it's causing the panic so if I know that every day I go to any ATM I'm allowed to take 5000 all this panic will calm down it is the fact that I cannot take 5000 in fact this matter is plenty there was someone that was seen that had 20 ATM cards it was withdraw because since the limit is this we can't finish this matter I'm sorry we couldn't take messages today we really ran out of time but I think this matter will continue next week if there's this scarcity of money I'll continue to talk about it but we can we'll continue the matter tomorrow Mary knows something Mary knows something thank you so much ladies we had a fantastic conversation now before we go and show you follow us across all our social media handle that way so Africa you can interact us further drop a comment and more importantly follow all our engagement on social media like share and invite your families and friends to watch and follow the conversation now if you missed the quote for today here it is again no complaint is more common than that of scarcity of money I mean we are seeing it clearly play out here but we'll see you guys live tomorrow hopefully we're not discussing money matter at 8pm as we bring another great conversation to your screen enjoy