Nigerian famous singer, Yemi Alade has taken Godwin Emefiele’s led Central Bank of Nigeria (CBN) to the cleaners.
The singer who lamented that the cycling of money from the rich to the poor is making Nigeria unbearable to live in, took to her Twitter page and challenged the CBN.
She wrote; “CBN REALLY NEEDS TO CONSIDER THE ORDINARY MAN IN NIGERIA! All the new restrictions on Usd deposits is affecting alot of businesses. You don’t have enough USD to even give legimate business people for their imports ,why not find another solution.Poor man is getting POORER.”
“Can you please create a balance for us? CBN… While you have focused on truncating cash dollar deposits, the Cyclic nature of Money from rich to poor is making this country unbarerable to live in.”
“Go to your local grocery store, whether na aboki shop or Supermarket and see that they CANNOT RESTOCK alot of products once they run out. WE don’t produce any of these finished products even toothpaste.Your focus is money launderers but you are In Turn worsing our economy Dear CBN.”
“So much Bureaucracy in action and no one consciously trying to apply it to our reality! How long will your restriction on USD go on for? CBN DO BETTER!”
“Its bad enough that you charge 50 Naira per Naira transaction and almost 3k monthly for account maintenance.”