Yemi Alade Tackles CBN Over Dollar Regulation

Yemi Alade Tackles CBN Over Dollar Regulation
Yemi Alade



Popular Nigerian singer, Yemi Alade has recently taken to social media to call out the Central Bank of Nigeria (CBN) over their regulations on Dollars.


In a series of tweet on her Twitter handle, the singer vent out her anger on the charges the apex bank charge their customers adding that the poor man gets poorer on each passing day.

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According to her, CBN needs to consider the ordinary man in Nigeria.


She tweeted:



CBN REALLY NEEDS TO CONSIDER THE ORDINARY MAN IN NIGERIA! All the new restrictions on Usd deposits is affecting alot of businesses. You don’t have enough USd to even give legimate business people for their imports ,why not find another solution.Poor man is getting POORER.


Go to your local grocery store,whether na aboki shop or Supermarket and see that they CANNOT RESTOCK alot of products once they run out. WE don’t produce any of these finished products even toothpaste.Your focus is money launderers but you are In Turn worsing our economy Dear CbN


Can you please create a balance for us?CBN… While you have focused on truncating cash dollar deposits , the Cyclic nature of Money from rich to poor is making this country unbarerable to live in.


So much Bureaucracy in action and no one consciously trying to apply it to our reality! How long will your restriction on usd go on for? CBN DO BETTER! Its bad enough that you charge 50 naira per naira transaction and almost 3k monthly for account maintenance.


See her tweet below:


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