‘They have forced all our cash into the bank in the cash-less
imprisonment system only seen in Nigeria and never seen in any developed nation
and now they want to give the banker-cabal the right to pry into our every
business and seize our little money at will’. Dr
Peregrino Brimah of Ends.ng says it's not right. Read his article below...
Dear fellow Nigerian
masses,
In response to the spate of governing cabal looting billions of dollars and
laundering this via private jets to South Africa and beyond, the Central Bank
of Nigeria, CBN, governed by Godwin Emefiele has again decided that we the people
must be punished and deprived of all rights to receive and send our hard earned
personal little money for the little business and living necessities we manage.
In an unbelievable but expected new move, the CBN sent the below
letter to us with the latest restrictions on our financial freedom.
Dear Valued Client,
The Central Bank of Nigeria (CBN) has in its circular dated 17th
April, 2015 condemned the rising trend of currency substitution and
dollarization of the economy. Deposit Money Banks operating in Nigeria have
been advised to desist from the collection of foreign currencies for payment of
domestic transactions on behalf of their customers and the use of their
customers’ domiciliary accounts for making payments for visible and invisible
transactions (fees, charges, licenses e.t.c) originating and consummated in
Nigeria.
In compliance with this directive, you will be required to provide
supporting documentation for all payments to and from your domiciliary accounts
as proof that payments are not in breach of this directive. Please note that
this applies to payments to or from entities/individuals within Nigeria.
Foreigners, visitors and tourists to Nigeria are allowed to
continue to use their cards for payments or exchange their foreign currency for
local currency at any of the authorised dealers’ outposts including hotels.
Thank you for banking with Standard Chartered Bank. As always, we
remain committed to providing you best-in-class financial solutions.
--- END---
As with the other new policy revisions, there was no prior
warning. The notice was sent to take effect immediately.
With this new restriction we must explain every penny our family
and friends in America wire to us to help them build their houses in Nigeria or
to simply save or invest for them in Nigeria; or to pay school fees of their
wife and girl friends.
We must explain and defend WITH “PROOF” [supporting
documentation] every dollar we wish to send to friends and loved ones
abroad or that we receive.
This does not happen anywhere in the world.
We are in prison!
They have forced all our cash into the bank in the cash-less
imprisonment system only seen in Nigeria and never seen in any developed nation
and now they want to give the banker-cabal the right to pry into our every
business and seize our little money at will.
But how about those who carted $15 million in suitcases in private
jets to South Africa? How about those wives of governors caught in Bayelsa in
2006 laundering millions? How about the cabal given all types of concessions,
intervention funds, with billions of dollars import waivers [N234 billion
waivers to PHCN in 2013 only], and never monitored?
We mentioned in our alert just this week [ENDS.ng: CBN
Governor Mr. Godwin Emefiele Drives Nigerians Like Slaves] that the CBN under
Godwin Emefiele had decided with no warning to suddenly decrease to one-third
the forex withdrawal limit and forex purchase limit of our naira cards; on a
day notice decreased to $300/day and $50,000 per year.
This adds to a list of limitations to the financial freedom of the
masses since the era of the former governor, now Emir Sanusi Lamido Sansui that
are not seen in any nation around the world. Below listed is part of the
growing list from our article criticizing the former governor for the
impingements to the masses in defense of the wallets of the banks and cabal:
Customers pay N10-50 per sms alert, even for bank error repeat
texts; though bulk sms texts are offered to businesses by mobile networks at
N1/sms.
Hardware token for security is issued at N2000 ($12);
Bank statements are charged at about N40/page;
Renewal ATM card is issued at a charge of N1000 ($6);
N500 monthly maintenance fee for current accounts ($3);
First Bank and Keystone Bank even have a N100 monthly ATM card
maintenance fee!
You have the Value added tax—lol at “value.”
Even reference letters are fulfilled at a charge of up to N2000
($12). Compare this to America for instance, where banks do not make money on
COT, deposits or withdrawals and most of these additional bank services are
offered for free to customers.
ENDS warned about Godwin Emefiele when Jonathan first appointed
him in February of last year, that being a banker/banks man, expect him to lock
us helpless masses in Guantanamo prisons while the banks, cabal and government
officials bloat on our misery. Read that on ENDS.ng: “A Banks Man: Expect
Higher Charges with Godwin Emefiele as New CBN Gov.”
We have been proven correct. There is no one to defend the
interests of the masses against these monsters. Godwin meets with bankers and
they rise from meetings with new insane and never before seen on the planet,
decisions to restrict our freedom and we are never consulted or represented.
Without allowing us adjust to one deprivation and limitation, they
add another and another on it. Even communist China is better to its people
than these vile, vicious vampires in this kakistocratic republic.
As Godwin’s tenure comes to an end, he is in a hurry to raise
the prison walls and build a moat around it so we the 100 million destitute
Nigerian masses living under a dollar a day, and millions other poor and
managing small businesses will never see the light of financial stability and
opportunities and the little happiness we pursue.
Because new technology and the expected new Integrity government
is anticipated to further inhibit the looting of the Nigerian oil wealth, the
thieves who all now own one big corporation or the other in Nigeria are
finalizing their systems of stealing from the incapacitated and imprisoned
slave masses.
One day we will eat them.
Dr. Peregrino Brimah; http://ENDS.ng [Every Nigerian Do Something]
Email: drbrimah@ends.ng Twitter: @EveryNigerian
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