• About
  • Privacy Policy
  • Contact
Monday, June 2, 2025
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home ECOWAS Nigeria

Naira Scarcity: Commercial drivers charging extra for fares paid via bank transfers

by Diplomatic Info
February 20, 2023
in Nigeria
0
Naira Scarcity: Commercial drivers charging extra for fares paid via bank transfers
0
SHARES
17
VIEWS
Facebook ShareShare on WhatsAppTweet it!

Abuja, Nigeria

Many commercial drivers in the Federal Capital Territory (FCT) have increased the cost of transportation amidst the persistent scarcity of new naira notes.

Most of the drivers requested that extra money be paid if transportation fare was to be paid through bank transfer.

A driver at Wuse motor park, who pleaded anonymity, said his decision to request for extra charge was due to difficulties in accessing naira from banks.

He said because he was to pay extra withdrawal charges for every transaction at Point of Sale (PoS) centres, hence the need to add to every transaction fee received.

“If someone is going to Kubwa from Wuse, the fare is N400 by cash but if you are to make a bank transfer you will pay N500.

“I didn’t make the rule but that is what everyone is doing now and if we could get cash easily I don’t think anyone will start collecting extra money,” he said.

Emeka Festus, a private car owner, said he began using his car for commercial purposes due to the scarcity of naira notes.

Mr Festus said using his car was a way of getting naira notes rather than standing in long queues at bank Automated Teller Machines (ATMs) for withdrawal.

He, however, said most passengers had offered to make bank transfers rather than pay with cash.

He said many had pleaded to be transported for free due to unavailability of cash and some due to bad network, while others lacked mobile phones to pay fares.

Damilola Kalesanwo, a commuter, said the increase in transportation fare by commercial drivers was “disheartening.”

“I have been transferring to drivers just to go to work and they have been charging me extra, which is so unfair.

“Why should I be in a vehicle with other passengers and some will be paying more than some to get to the same destination?” she asked. 

(NAN)

Diplomatic Info

Diplomatic Info

Next Post
Israeli delegation excused from African Union conference hall

Israeli delegation excused from African Union conference hall

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FG distributes wheat seeds to farmers in Kano, Katsina, Kaduna

FG distributes wheat seeds to farmers in Kano, Katsina, Kaduna

3 years ago
IMF warns that outlook is ‘shaky’ for economic recovery

IMF warns that outlook is ‘shaky’ for economic recovery

4 years ago

Popular News

  • Israeli president says situation ‘very serious’ amid judicial overhaul debate

    Israeli president says situation ‘very serious’ amid judicial overhaul debate

    0 shares
    Share 0 Tweet 0
  • Ethiopia to receive 2.2 million doses of COVID-19 vaccines

    0 shares
    Share 0 Tweet 0
  • Buhari arrives Washington for U.S.-Africa leaders summit

    0 shares
    Share 0 Tweet 0
  • Senate set to screen Service Chiefs this week, says Ndume

    0 shares
    Share 0 Tweet 0
  • After two years of SEC denial, Oando can finally hold AGM

    0 shares
    Share 0 Tweet 0

Connect with us on Facebook

Subscribe to Our Newsletter

Enter your email now to join our community of readers, and get new contents straight to your inbox

We promise to not spam you

Thanks for joining in.

Category

  • Africa
  • Benin
  • Burkina Faso
  • Business
  • Cote D'Ivoire
  • Cover Story
  • Diplomacy
  • ECOWAS
  • Education
  • Embassy News and Info
  • Events
  • Ghana
  • Guinea
  • Guinea Bissau
  • International
  • Liberia
  • Mali
  • News
  • Niger
  • Nigeria
  • Politics
  • Programs
  • Security
  • Senegal
  • Sierra Leone
  • The Gambia
  • Togo
  • Uncategorized

Quick Links

  • About
  • Contact
  • Privacy Policy
  • Advertise

About Us

Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

© 2023 Diplomatic Info - Built with Love by Creovantage.

No Result
View All Result
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Business
  • Politics
  • Security
  • News
  • Cover Story
  • Africa
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • The Gambia
    • Cote D’Ivoire
    • Ghana
    • Cabo Verde
    • Benin
    • Burkina Faso
  • International
  • Contact

© 2023 Diplomatic Info - Built with Love by Creovantage.