Senate probes excessive charges by commercial banks – The Senate has begun a probe into what it described as incessant complaints by Nigerians of illicit and excessive bank charges by Commercial Banks on customers’ accounts.
Consequently, the Senate has mandated the Senator Uba Sani, All Progressives Congress, APC, Kaduna Central led Committee on Banking, Insurance and other Financial Institutions to as a matter of urgency, carry out a holistic investigation into the matter.
The Senate has also directed the Central Bank of Nigeria, CBN to look into the bitterness of Nigerians in this regard and review the charges on their Bank accounts.
Resolutions of the Senate were sequel to a motion on “Urgent need to investigate and review illicit and excessive charges by Nigerian Banks on customers’ accounts sponsored by Senator Abba Moro, Peoples Democratic Party, PDP, Benue South
In his presentation of the motion, Senator Moro said, “The Senate: Notes with great concern that there have been several complaints from Nigerians over illicit and excessive charges by Nigerian Commercial Banks on customers’ accounts;
“Aware that such charges and deductions range from bank SMS charges, intra- bank transfer charges in the sum of N52.50 Kobo, ATM Card renewal charges, account maintenance charges in the sum of N93.13 Kobo, etc;
“Deeply concerned that these charges being deducted from customers’ accounts by Banks have caused an uproar within the public as Nigerians have expressed their dissatisfaction and displeasure over such excessive deductions which they feel are fraudulent and targeted at further impoverishing Nigerians.”
According to him, the Senate “Recalls that in April 2017, the Central Bank of Nigeria revised the card maintenance charges in the new guide released from N100 annually to N50 monthly. This means that every debit or credit card holder will pay the sum of N600 annually;
Read also: Senate probes 12 million fake vehicle insurance policies
“Further recalls that according to the Nigeria Inter-Bank Settlement System (NIBSS), the central database for banking transactions in the country showed that as at September 30, 2016, there were 29.4 million active cards being used by the 63 million active bank customers. Thus, Bank Customers in Nigeria will pay not less than N1.462 Billion to Banks as card maintenance charges every month, totalling about N17.544 Billion in a year;
“Deeply disturbed that questions are being asked by Nigerians as to what the money being deducted for the charges is for as countries overseas do not charge their customers in like manner;
“Of further concern is the N65, withdrawal charge on a card holder who uses his/her ATM card on another Banks ATM. The first three transactions are free while every other transaction afterwards attracts a N65 charge per transaction;
“Concerned that Nigerian banks in a bid to further extort customers have set most of their ATM machines to dispense cash below the maximum sum of N40, 000.00 ATMs are programmed to dispense per transaction. Thus customers using the ATM machines do not have a choice than to withdraw much lesser amounts per transactions thereby incurring additional cost of N65 Naira per transaction after using another Bank’s ATM machine beyond three times;
“Regrets that as was the norm when ATM MACHINES were first introduced in Nigeria, while using the ATM there are instances where an ATM card gets stuck in the ATM MACHINE. The procedure then was for the card holder to lay a complaint in the Bank and his ATM card would either be given to him or sent to a branch of his choice;
“Saddened that in recent times, rather than Banks giving out ATM Cards stuck in their machines back to the card holder, such cards are shredded into pieces and the card holder has to reapply for another ATM CARD which attracts the sum of #1000.We can imagine the number of Nigerians who have experienced their cards being stuck in the Machine and having to pay#1000 over again for re-issuance which was not even their fault abinitio; and
“Embarrassed that this issue of high Bank charges has made Nigerians home and abroad take to social media to lament their bitter experiences in the hands of Commercial Banks, accusing them of exploitation.”
I am Leah Hart I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from united hacking company blank ATM card that can withdraw $5,500 daily. I got it from him last week and now I have withdrawn about $15,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met united hacking company because I met Five persons before him and they could not help me. But am happy now united hacking company sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to the united hacking company because he changed my story all of a sudden. The card works in all countries that is the good news contact. email address: unitedblankatmhackcard@gmail.com or whatsApp: +1 (208) 425-7799
Hello Guys,Get a good life with this Life Time transforming card .I have being hearing about this blank ATM card for a while and i never really paid any interest to it because of my doubts. Until now i discovered this hacker called mr bill dean Ive been reluctant in purchasing this blank ATM card i heard about online because everything seems too good to be true, but i was convinced & shocked when my friend at my place of work got the card from guarantee atm blank card & we both confirmed it really works without delay i gave it a go. Ever since then Ive been withdrawing $5500 daily from the card & the money has been in my own account. So glad i gave it a try at last & this card has really changed my life financially without getting caught, its real & truly works though its illegal but made me rich!! If you need this card from guarantee atm blank card then DM here ob officialhackingcompany@gmail.com visit there website https://official-hacking-company.jimdosite.com/ whatsapp +16125022272 so you can get your immediately
◾Welcome To Mr Micheal Blank Atm Card🤝 ◾Hello, are you guys ready to make real cash??? No dulling moment anymore. No more depending on a cheap check every week. Get thousands of dollars or any currency of your choice and make this life worth living for. Order for a blank ATM card now. How does it work? Our cards are loaded with a balance of $5000 to $100,000.00 with different daily withdrawal limits depending on the card you are buying and you can use the blank atm card to shop online and withdraw cash from any ATM machine closer to you.★ Is this real? Yes, as shown in the video we withdrew cash multiple times without any issues. You can do it too.★ Can I be traced? No, your withdrawal/transactions are completely anonymous.★ Can I trust this method? Yes, we have not had any issue when doing this for the past 5 years now.★ Are people using this ATM card? Absolutely, alot of people {our trusted customers) have quit their jobs to withdraw money on a daily basis. ★ How do I get my card? We will ship your Blank Card /w Pin a few hours after receiving clear payment through a courier service International and give you the tracking details of your card, 2-4 business day delivery service. Once you receive the card you can start cashing out. ★Is this real? YES: we are 100% real and have been doing this since 2015 Contact us to order a working Blank ATM Card that you can use to withdraw a minimum amount of $1000 and maximum amount of $10,000 daily withdrawal limit. Online maximum purchase limit is $30,000 Contact via email: mrmichealblankatmcard@gmail.com
LEGIT COMPANY WERE YOU CAN GET BLANK ATM CARD. I was searching for loan to sort out my bills & debts, then i saw comments about Blank ATM Card that can be hacked and withdraw money from any ATM machines around you anywhere in the world . I doubted thus but decided to give it a try by contacting united blank ATM hack card they responded with their guidelines on how the card works. I was assured that the card can withdraw $5,000 instant per day & was credited with $20,000 so i requested for one & paid the delivery fee to obtain the card, after 72 hours later, i was shock to see the Courier agent in my resident with a parcel {card} i signed and went back inside and confirmed the card work’s after the agent left. This is no doubts because i have the card & has made used of the card. Contact these email if you wants to get rich with this. globalatmcardhackingservice@gmail.com
GOOD CARD WITH COOL CASH…Get THE 2020 BLANK ATM Programmed Card and cash money directly in any ATM Machine around you. There is no risk of being caught, because the card has been programmed in such a way that it´s not traceable, it also has a technique that makes it impossible for the CCTV to detect you and you can withdraw a total sum of $5,000.00 USD daily,try and get yours today from (MR OSCAR WHITE ) of oscarwhitehackersworld@gmail.com And be among the lucky ones who are benefiting from it. Now email the hacker one : oscarwhitehackersworld@gmail.com or whats-app +1(323)-362-2310
I was searching for loan to sort out my bills& debts, then i saw comments about Blank ATM Credit Card that can be hacked to withdraw money from any ATM machines around you . I doubted thus but decided to give it a try by contacting (officialhackingcompany@gmail.com} they responded with their guidelines on how the card works. I was assured that the card can withdraw $5,000 instant per day & was credited with$50,000,000.00 so i requested for one & paid the delivery fee to obtain the card, after 24 hours later, i was shock to see the UPS agent in my resident with a parcel{card} i signed and went back inside and confirmed the card work’s after the agent left. This is no doubts because i have the card & has made used of the card. This hackers are USA based hackers set out to help people with financial freedom!! Contact these email if you wants to get rich with this Via: officialhackingcompany@gmail.com website: https://official-hacking-company.jimdosite.com/
BE SMART AND BECOME RICH IN LESS THAN 3DAYS….It all depends on how fast you can be to get the new PROGRAMMED blank ATM card that is capable of hacking into any ATM machine,anywhere in the world. I got to know about this BLANK ATM CARD when I was searching for a job online about a year ago..It has really changed my life for good and now I can say I’m rich and I can never be poor again. a family friend introduce us to them last year after i first sure the review online and my wife is a full house wife could not support looking for another good job was fucking hell, this hack card enables you to make withdraws on any ATM card in the world without having any cash in account or even having any bank account you can also use it to order items online, The least money I get in a day it is about $50,000.(fifty thousand USD) Even now and then I keeping pumping money into my account. Though it is illegal,there is no risk of being caught ,because it has been programmed in such a way that it is not traceable,it also has a technique that makes it impossible for the CCTVs to detect you. They also trade on bitcoin, For details on how to get yours today, email the hackers on (mrmichealblankatmcard@gmail.com)
*LAVITA RICCA INVESTMENT PROGRAM*
♦️♦️♦️♦️♦️♦️♦️
♦️♦️♦️♦️♦️♦️♦️
*NO MORE EXCUSES*👈👈🗣🗣🗣🗣🗣🗣🗣
👇👇👇👇👇👇👇👇
1. I don’t have money
2. I can’t talk to people
3. I don’t do stuff like this
4. I’m too Busy
🔕🔕🔕🔔🔔🔔📣🔕
Your excuses may be legit but they won’t improve your Life.
• *LAVITA RICCA INVESTMENT PROGRAM is Fully Registered with CAC. WHICH IS COOPERATE AFFAIR COMMISSION( For those Who Think LAVITA RICCA INVESTMENT is Not Registered)*
*LAVITA RICCA INVESTMENT PROGRAM is a platform network that deal with investing of money just within 45mins you will get back your money double*
CONTACT:- +2349036369810
*LAVITA RICCA INVESTMENT PROGRAM PACKAGE’S*
🔂 *N20,000====N40,000*
🔂 *N30, 000====N60,000*
*N50,000====N100,000*
🔂 *N100,000====N200,000*
🔂 *N200,000 ====N400,000*
🔂 *N400,000====N800,000*
*=======📞📞📞=======*
*I know you are skeptical about this because of the negative experience a lot of issues as regards scamming in the global world. I assure you 101% that you won’t lose your money this is because I know the risk of this profit oriented business and I know how to avoid them using my trading skills and signals to make only wins and no losses.*
🔰 *Are u a worker?*
♊ *Are u a student looking for your school fees? Are u a woman looking for money to pay your children school fees?*
♊ *Are u jobless and u need where u can make source of income?*
♊ *LAVITA RICCA INVESTMENT PROGRAM is here for you! With a little amount u can earn and make more more source of income without any problems*
♊ *LAVITA RICCA INVESTMENT PROGRAM is a platform network that deal with investing of money just within 45mins you will get back your money double*
🙏🙏 *Thank you for your time you can click on the link below to get started, please only serious minded People are expected to message the administrator.*👇👇
CONTACT NAME Mrs. ELIZABETH TINA
CONTACT:- 09036369810.
Have you heard anything about the ongoing empowerment program? JAMALIFE GLOBAL INVESTMENT
This Is a unique and legitimate platform that gives you double of your investment within 45minutes of your Registration
For Enquiries on How To register Call or WhatsApp Mrs FUMI JOY 07063198357 be a member
!!No Scam!!
!!No Referral!!
Here are the packages below:-
10k to get 20k
15k to get 30k
20k to get 40k
25k to get 50k
30k to get 60k
40k to get 80k
50k to get 100k
100k to get 200k
150k to get 300k
200k to get 400k
Call or Whatsapp Mrs. FUMI JOY ON:-07063198357
APPROVED BY COOPERATE AFFAIRS COMMISSION call me
UK FIRST BALE ARE AVAILABLE FOR SALE CALL OR WHATSAPP Adebayo Johnson On:(07042659482
FOR YOUR UK SHOES,CLOTHES BAGS,BRA,PAINT, TOYS
[*] BALE OF TROUSER SINGLE Both For Children and Adult’s small bale is 50,000 Gaint bale is 100,000
[*] BALES OF CHILDREN CLOTHED -55kg is N45,000 95kg is N80,000 while Giant bale is N150,000
[*] BALE OF UK USED LADIES BRA –
N25,000
[*]BALE OF WOMEN HAIR small bale is N 60,000 Giant bale N 120,000
[*] BALE LADIES MIXED TOPS – 55kg is N40,000 .95kg is N80,000 while Giant bale 150,000
[*] BALE OF LADIES Chiffon top and gown mix with jumpsuit 55kg bale is N40,000 95kg is 80,000 while Giant bale150,000
[*] BALE Of Towels small bale is N 50,000 while Giant bale N100,000
[*] BALE OF BEDSHEET small bale is 75,000 while Giant bale is 150,000
[*] BALE OF ORIGINAL SHORTS – N 60,000
[*] BALE OF MEN POLO/T SHIRT MIX – 55kg is N40,000. 95kg N80,000 while Giant bale is 150,000
[*] BALE OF LADIES MIX DRESSES – 55kg bale N40,000 .95kg bale is N80,000 while Giant bale is 150,000
[*] BALE OF LADIES Handbags is N70,000
[*] BALE Children school bags is N 50,000
[*] BALE OF ADULTS SHOES N80,000
[*] CHILDREN SHOES N60,000
[*] BALE OF MIXED UNDERWEAR PANTS ( 30,000 )
[*] BALE MIXED SOCKS/STOCKINGS(30,000)
[*] BALE OF LEGGINGS 55kg is 40,000 while 95kg bale 80,000
[*] BALE OF SINGLETS/CAMISOILE ARE ALSO AVAILABLE ( 25,000 )
[*]BALE OF TOYS FOR BABIES.(N80,000)
[*] ALL ITEMS ARE FIRST GRADE GOODS.
[*]BALE OF HUMAN HAIR 95KG 150,000
[*] PRICES REFLECTED ARE FIXED PRICE.
[*] THERE’S ALSO A ONE BALE DISCOUNT FOR CUSTOMERS GETTING UP TO 3 BALES.
[*]THANKS FOR YOUR PATRONAGE.
[*] NOTICE : WE DELIVER TO ALL 36 STATE Call or Whatsapp Adebayo Johnson On (07042659482)