CBN Don Plan New Policy To Fix ATM Wahala

Omo, e be like say CBN don fire shot! Dem don announce new policy wey go take care of all dis ATM wahala wey dey vex everybody.

CBN Governor, Yemi Cardoso, don talk through him Special Adviser, Fatai Karim, for one big conference wey dem hold recently. Dem wan make sure say di number of debit cards wey bank dey issue go gree with di ATM wey dem get. This one na serious step to reduce all di long queues and ATM wey dey fail anytime we wan use am.

As we sabi, ATM dey fail, cash dey hard to find, and e dey shake trust wey people get for electronic payment system. E dey disturb how people dey use money for Nigeria, and things no dey move as e suppose be, despite say digital transaction dey rise like bread for market.

CBN talk say dem no go allow bank to just dey issue cards anyhow again like dem dey chop suya. There must be balance between di cards wey dem issue and di number of ATMs wey dey ground. As plenty people dey rush dey collect cards, na so di cash access dey turn wahala. E mean sey if dem don collect card, dem fit dey face empty ATM machine or even fail transaction.

Kari don talk sey dem dey engage industry stakeholders well well and dem expect sey di new policy go start soon, whether by di end of dis quarter or even earlier. Na so e be, e go really help banks to fast-track di investment wey dey necessary for ATM infrastructure, and everybody go enjoy better access.

Di expected policy get correct vibes as e go help to reshape di strategy wey banks dey use to issue cards and engage in cash management. If ATM fit dey work normal, people no go need fall back to informal cash channels wey dey charge higher fees, and dis one go turn everything around.

CBN don see sey cash still dey important, even as e advance to digital side. People still dey use cash for everyday life, especially for di informal markets and rural areas. Dem don dey observe sey when electronic channels dey fail, na cash demand dey skyrocket. Dat one no go fit kill cash almost like dem dey try to do.

So, make we dey watch as this new policy dey land. E go help restore trust back to ATM operations and make cash access easy. Na wetin we dey hope for as we dey navigate dis financial landscape.

So, my people, make we jive and hope sey dis policy fit change di game for bank operations and cash circulation for ground. We go keep una updated as di matter dey unfold. Abeg no forget to follow us for all di latest gist!