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.
Read this article on ENDS.ng: “CBN: The Poverty In Sanusi Lamido Sanusi’s Legacy.”
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 ot 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
