Naira Scarcity: Traders Reject Bank Transfer
Naira Scarcity: Traders Reject Bank Transfer Petty traders in Kwara have said they do not accept bank transfers or transactions due to lack of bank accounts and network failures. Some of the traders told the News Agency of Nigeria (NAN) in Ilorin on Monday that they had no bank accounts to which money can be transferred. Keji Abdulmalik, a roadside pepper seller said she had no bank account for any transaction. “I do not accept bank transfers because I do not have a bank account. “It has been difficult for my customers to buy things because they do not have cash. “Some of them come and ask if I take transfer, but I simply tell them no.” Local grilled meat seller, commonly known as ‘Mai Suya’, Malam Aminu Maigashi, also said that he had no bank account to which transfers could be made. While others said that they were afraid of fraudulent activities, yet some said they could not take transfers simply because the amount they sold their wares was too little to be sent to accounts. “I...