CENTRAL BANK HAS RECENTLY PASSED NEW RULES
- ₦50 FEE for every online transition (called Stamp Duty)
- ₦1 FEE for every ₦1000 withdrawn/spent from your current account. (Called current account maintenance fee)
They say they are not raising taxes but have found our ways to indirectly tax people. As they are taking money from our pockets, we better make sure they perform! They shouldn’t use our money to buy fully loaded Mercedes Benz with assortment of escort cars and personnel.
Its honestly ok for taxes to be taken as long as you make sure they are put to good use. If the road in front of your house is not done make sure you make noise about it, because you will be paying for it directly from your account!