Popular comedian, Ayo Makun, has joined other critics wondering how Nigerian banks get the billions and now trillions they declare as profits in the growling economy.
Manufacturing companies are struggling, even ‘air-selling’ telecoms outfits are declaring losses but the banks are getting dramatically fatter.
As a result, AY is accusing them of milking depositors through the persistent deductions they make.
He voiced frustrations on his X page, highlighting that some of the service fees are unique to Nigeria and need to be challenged.
He stressed the need for transparency and fairness in banking practices.
AY wrote: “Where do banks get the trillions they declare as profits every quarter, even in a struggling economy? The small charges and debits on our accounts need to be challenged. Many of these fees are unique to Nigeria. Why is that? #BankingFees #Nigeria #Transparency #Shalom”.
Another user, OjukwuWils responded to AY’s complaint about Bank charges, questioning the motivations behind his outrage. OjukwuWils asked if AY was genuinely concerned about the charges or just envious that the bank was making huge profits.
He wrote: “Are you just angry that they declared trillions as profit, or are you genuinely concerned about the charges? Why NOW? You also sell VVIP table for 10 at 20M, remember ? Are you genuinely concerned, or are you just being plain envious that they are more disingenuous than you?”.
Another user, Rachael Ugboma shared a frustrating experience with USSD transactions, stating that banks charge for each attempt, even if the transaction is unsuccessful. She highlighted that multiple failed attempts can result in multiple charges.
She wrote: “Worst when you try to use USSD, every attempt you’re being charged till the transaction becomes successful. Lets say you have 3 failed attempts you will be charged 3 times”.
