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Banks advised to prevent promoting recharge playing cards

Nigerian executive has been urged to prevent banks within the nation from promoting airtime or recharge playing cards.

Doyin Okupe, a former aide to former Presidents Olusegun Obasanjo and Goodluck Jonathan, believes that by means of retailing recharge playing cards, banks are contributing to the already top price of unemployment within the nation.

In a tweet, the previous presidential aide identified that recharge card industry is price about N10 billion according to day and is able to offering jobs for five million youths national.

“Executive should forestall Banks from promoting of recharge playing cards,” he mentioned.

“This industry is price about N10B/day and may give jobs for 5m youths national and scale back unemployment.

“Banks must no longer be within the retail industry the place they strangulate small particular person investors. Executive should give protection to MSMEs,” he mentioned.

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