N50 Bank Tax: Reuben Abati Mocks FG

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Former Presidential spokesman, Dr. Reuben Abati has taken a few intellectual jabs at the Federal Government over its new policy of charging N50 on specific bank transactions.

In an opinion piece laden with satire, Abati said the Federal Government should just beg for alms. He also suggested calling the banks, post office since they were now collecting stamps.

Here is an excerpt from the article entitled, Inside Dambazau’s Shoes:

“Wahala today. Wahala tomorrow. This Nigeria sef.”

“Yes oh.  They are even saying we will now pay stamp duty on all monies paid into our bank accounts once the amount is over N1, 000.  When you add that to other bank charges, how much is left?”

“My friend, it is just N50.”

“It is not just N50. Why must I dash government money? Is government now begging for alms? Is it that bad? If I want to give anybody alms, it should be my decision.”

“There is a law called Stamp Duties Act. They want to enforce the law.”

“So, a bank is now a branch of the Post Office? If anybody posts money into my account, government will force me to buy stamp? And yet we want a cashless society? Very soon, people will stop doing electronic transfers.”

“Don’t be stingy. Be a good citizen.”

“N50 on every transaction. For people who run active accounts, that could amount to very heavy tax by the end of a month. You know what? I think they should just re-name the banks and call them post offices, since they are now selling stamps.”

“As in?”

“As in Zenith Post Office”

“Diamond Post Office”

“Union Post Office”.

“Na wa oh.

 

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