Yemi Alade Tackles CBN Over Dollar Regulation

Yemi Alade Tackles CBN Over Dollar Regulation

 

Award-winning Nigerian singer, Yemi Alade has tackled the Central Bank of Nigeria (CBN) over their regulations on Dollars.

Yemi Alade took to her verified Twitter handle where she revealed that the Central Bank of Nigeria really needs to consider the ordinary man in Nigeria as all the new restrictions on Usd deposits is affecting alot of businesses.

She tweeted;

CBN REALLY NEEDS TO CONSIDER THE ORDINARY MAN IN NIGERIA! All the new restrictions on Usd deposits is affecting alot of businesses.

Youdon’t have enough USd to even give legimate business people for their imports ,why not find another solution.Poor man is getting POORER.

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

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.

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.

See her posts below;

 

 

 

THE AFRICAN MEDIA

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