Chief CBN Onwuasoanya Ezendigbo, a presidential aspirant in Nigeria's most recent general elections, has urged the Economic and Financial Crimes
Commission (EFCC) to investigate the practices of Nigerian banks, arguing that the country could become dysfunctional if the financial institution's internal favoritism continues.
Speaking on Saturday, November 9, 2024, with the newsmen. Ezendigbo complains that POS agents can easily withdraw millions of Naira from the bank even though they do not have an address, in contrast to private citizens who deposit money into the bank but are unable to withdraw more than #200,000.
"I think it's high time the EFCC probe all state banks," he said. They are making life difficult for the masses, so you can't get money from the counter. How can you trust the bank if you are unable to access your savings?They are putting people at risk; if the EFCC doesn't look into the majority of the banks, the nation will fail, and Tinubu's administration won't have any printed results.
According to Ezendigbo, the people lack trust in the places where they keep their money, and if Nigeria fails, then all African nations have failed.
Nigerians should begin constructing a better nation, he continued. Like all the other great nations, America and Britain were built by Americans and British, respectively.
With all this so-called * POS doesn't have any equity or liability for the interest of the Nigerians .
If the High Street Banks shying away from their responsibilities to protect the country and public money entrusted on them, it is better for them to stop doing business.
Make no mistake, I am not a fan of Tinubu, but he is the current Nigerian President. Public money must be protected by the financial services. It is also international law.
