March first has been declared ‘No Banking Day’ in Nigeria; this is to protest the many hidden and arbitrary charges that bank depositors are subjected to.
The Consumer Advocacy Foundation of Nigeria and the coalition of Nigerian consumer protection associations have asked bank customers in Nigeria not to enter any bank, make any transfers, deposits or make use of the cards for any transactions throughout the day reports Nigeria’s Channels television.
Central Bank of Nigeria imposed a 50 naira (15 dollars) on customers as a compulsory stamp duty on deposits of 1,000 naira and above (approximately 303 dollars).
Nigerians have taken to twitter to expressed their opinions of the banking industry in the country, which is trending with the harsh tag #NoBankingDay. Here are a few of the tweets
Some consumers showing their support for #NoBankingDay. Let's make #NoBankingDay viral in Nigeria. Date is March 1st pic.twitter.com/JCjcTNGXiB
— CAFON Nigeria (@CafonNg) February 18, 2016
You owe someone 2000naira, you pay in 2000naira and the person gets 1950naira 😢😢its heart breaking #NoBankingDay
— Chidera Rosecamille Aneke (@certifiedcamill) March 1, 2016
#NoBankingDay the other day gtb threatened to close my acct. Cos I stopd depositing. but they can't explain where d 5k balance I left went
— Adesewa Josh (Author of Package Like A Pro) (@AdesewaJosh) March 1, 2016
#NoBankingDay What are those charges you remember besides Checking account on #mobile
ATM transfer
ATM alert
Stamp Duty
Card ATM Maintenance— The Nation Nigeria (@TheNationNews) March 1, 2016
It's like #NoBankingDay is on social media only.
I just entered GTBANK in Mokola and there's mad queue— Le Roi 👨🍳 | Skin Care Influencer (@TheKingsleyOkoh) March 1, 2016
The only way #NoBankingDay can work is to occupy the bank head offices and force their servers to shut down,else you r wasting precious time
— TAYO TAIWO 🇳🇬 (@tayotaiwo83) March 1, 2016
https://twitter.com/LeonDBOSS/status/704644828928352256
Banks are not charity organizations, they must charge people for service rendered however they must be transparent #nobankingday
— Hamma (@HAHayatu) March 1, 2016
