ALEFIA JAMES
The Association of Mobile Money and Bank agents in Nigeria, has written a petition to the house of Representatives on the new CBN Cash policy.
The petition was read by a member from Oyo state Mrs Tolulope Shadipe, on the floor of the house when the CBN deputy governor, finance system stability, A’isha Ahmed came to brief the house on the new CBN policies.
According to the petition, the new cash policy would render POS operators jobless because there are over one point four agents in Nigeria.
“I know that CBN is aware that there are over 1.4 million POS agents in Nigeria and this new policy would render them jobless. And that is a major economic impact on the nation.
“Was this given consideration when this policy was decided?”
The Lawmaker noted that the policy also affect the progress made in diaspora remittances, which currently stand at 20 billion dollars.
Mrs Shadipe observed that thousands of mobile money and bank agents operate outside the city centers and do not have access to digital or electronic banking.
She added that the association had written a petition to the CBN on the 8th of December without receiving any response.
In her response, the deputy governor, finance system stability of the CBN Mrs A’isha Ahmed, assured that the policy would not make people lose their jobs, saying technological changes open new opportunities for people to do other things.
She added that the Apex bank has already launched massive enlightenment campaigns to educate Nigerians more on the policy.
