CBN's ban of ATM Credit and Debit Card use abroad

Are they kidding us???

First these guys come up with the cashless policy, then they come up with BVN and now this???. Seriously???.

Is is just me or are these guys trying to control the monies of each Nigerian citizen?.

First they said moving money around was risky and people were prone to being robbed hence the introduction of the cashless policy where everyone was advised, if not forced, to retrieve their ATM cards. Nigerians being Nigerians didn't welcome this at first but succumbed to the pressure of not being attended to at the bank and went ahead and got their ATM cards. Even I hated the idea of having an ATM card because it made feel that my money I was trying so hard to save was now almost being put back in the palm of my hands at just the slot in of the ATM card in an ATM machine. I soon embraced this new development as I saw that I could actually just withdraw cash as low as N1,000 and could even pay for stuff directly with my card...ok, seen!

Then these guys came again with the BVN registration brouhaha. I wrote about my experience here. They literally denied people access to their cash for failure to register for a Bank Verification Number (BVN). Deadlines came and went and people still haven't registered to this day. Instead of let's say closing the bank accounts of the people that had not done the registration, these guys restricted our access to our cash, again!. They were other ways they could have made people go through with the registration other than restrict them from their cash.

Now, they are banning the use of the same ATM cards abroad. The same cards they asked us to get for the sake of the stupid cashless policy they came up with earlier. This is insane!.

Aren't there much more important things to take care of in Nigeria???.  So, now if a person wants to travel to have to buy the foreign currency of the country they are travelling to?. Isn't that just senseless?. What about people who just recently traveled and are dependent on money being sent to them?. What about people who have just recently traveled for medical reasons and depend on their cards for payment of the medical services they have gone for?. What about students over there who are dependent on funds from their folks back here?. Did they really think this through?. Is it for the benefit of all Nigerians or a selected high classed few?. This new development is just uncalled for and has to be taken back!. The Nigerian government needs to better start focusing on much more pressing issues like constant power supply, fixing of bad roads, supply of water and electricity to rural areas, tackling Boko Haram, bringing to justice corrupt politicians, eradicating poverty, creating employment for the unemployed, etc. The government needs to start putting Nigeria back on the map for the right reasons not wasting money, time and resources on baseless things.

The government is just trying to control the monies of Nigerians but they forget that they are blowing the very same breeze that will open their anuses giving way to exposing their lies and deceit. Banning of ATM credit and debit cards use abroad will do nothing for Nigeria but instead give room for the God given resources of this country to be taken for granted by other countries.