Benue Varsity Students Lament Amidst Nigeria Cashless Policy

By: Gloria Ogine

Following the ripple effect of the redesigned naira currency as part of the activities of the Nigerian federal government in the implementation of the Nigeria Cashless Policy, the country is now thrown into an unfortunate hardship, and students are not left out. 

As obtainable in other places, the Northcentral University Students, are having more difficulties paddling the canoe through learning. 

In addition to academic stress; flipping through pages of books, journals, research works, jostling through the internet for inspiration, and rushing to beat assignment deadlines, Benue varsity students are making harder decisions accommodating long queues at the Automated Teller Machines (ATM) and Point of Services (POS)  terminals waiting forever for cash.

d

Recall that the Central Bank of Nigeria (CBN) through its governor, Godwin Emefiele had on October 26, 2022, announced that it had redesigned  N200, N500, and N1,000 notes. 

The Commission went further to give until the thirty-first of January 2023, after which the old notes would cease to be legal tender. 

Although the January 31st, 2023 deadline didn’t go well with Nigerians, owing to the scarcity of the redesigned notes. 

February 10th was later announced as the new deadline which was still not well with Nigerians

Nevertheless, the policy has come to stay despite the cash scarcity. 

Students Narrate ordeals. 

At the Benue State University, Makurdi,

The Middlebelt Reporter observes that students are having a hard time choosing between attending lectures or joining the long queue at the ATM terminals or POS stands. 

Either of the decisions is detrimental to their academic performance or stomach performance. 

Read Also: In Benue, farmers recount losses as Nigeria’s weak forest policy aids deforestation

Most times, long queues don’t have pay-offs; as there isn’t sufficient cash to go around.

To worsen the situation, some  POS agents around the university community have heightened their service charges despite stern warnings from the Students Union body. 

Like Edwin Oruhu; a final-year student of the department of Zoology said it is frustrating to be cashless on campus, especially since the bandwidth is unfavorable for internet banking.

“I could recall paying at a restaurant with my friends and days after, we got back to hear that the transfer wasn’t confirmed. We had to pay again.”

Edwin and their friends have had times of being overcharged simply because they had no cash. And they had to pay with their card or mobile transfers. 

“Today, a friend and I went to the park after she couldn’t access cash. They were accepting transfers at first but when a particular transaction could not be verified, they stopped and we had to locate another park. we were charged #2000 for a service of #1500 if we use cash.”

Gideon Ocholi, a 300-level student of  Medicine and Surgery (MBBS) said, 

“As a student, it has affected me in diverse ways including hunger strikes and being stranded”

He continued, “I have been meaning to go to the market for the past two weeks but I have not been able to. Do you know why? I don’t have transportation fare. I don’t have #200 for okada. 

That’s so sad.”, He lamented.

Emmy Joe, a 300 Level Mass Communication student of Benue State University, pointed out that the new naira policy has posed a series of challenges for him but one of these challenges that stands out for him is the difficulty he encountered when paying his school fees.

Read Also: Low Christmas as Fuel Price Cripples Travel Hopes in Benue

“Ever since the old naira ban and new naira scarcity began, I have been having a series of challenges when it comes to transactions, as it is, payments of user charges can be daunting. 

“The new currency saga is no longer something to bear.” He added.
To cushion the strenuous difficulties, the Nigerian President, Mohammadu Buhari,  GCFR addressing the nation on February 15th, affirmed that the old N200 naira note alongside the new N200, N500, and N1000 naira notes would concurrently be legal tenders until April 10, 2023, when the old 200 nairas would cease to be a legal tender.

TheMiddleBelt Reporters

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

<strong>OPINION: Benue 2023 Guber Election; Who Is Capable of Driving Benue People To “Canaan Land?” </strong>

Fri Feb 24 , 2023
Share on Facebook Tweet it Pin it Email By: Emmy Joe The 2023 governorship election we have been waiting and hoping earnestly for to make a right choice is now around the corner.  As disclosed by Independent National Electoral Commission (INEC), the 2023 Nigerian gubernatorial elections will be held in 31st out of 36th states on the 11th March 2023- two weeks after the general election. Sequel to the scheduled date for the elections, the governorship candidates  for the two major political parties in Benue State had recently released their  blueprint.  The duo include; The governorship Candidate of All Progressives Congress (APC), Rev. Father Hyacinth Alia, and the governorship candidate of the People Democratic Party  (PDP), Rt. Hon. Titus Uba. Rt. Hon. Titus Uba titled his blueprint as “soil as our oil” and further unveiled “Security and Agriculture as his top priorities when he wins the forthcoming coming election, Demystifying his idea and giving elaboration to his point he stated that his choice of priority areas was informed by the fact that Benue is endowed with rich agricultural soil.“Every section of the country is endowed in a very unique way as such, Benue is endowed with good soil for agricultural activities.” “This informed our decision to choose the slogan. “soil is our oil”, We do not have a bogus blueprint. Our blueprint is anchored on only two critical issues,” Uba said.  He stressed that he would use the state’s natural endowment to develop her. Meanwhile the candidate of the All progressive congress (APC) Rv. Father Hyacinth Alia on his part disclosed via his blueprint released recently which he tagged; ” A Strategic Development Plan for a Greater Benue, He said the document is structured around seven priority pillars, with the acronym SACHIIP, which represents, Security of Lives and Property; Agriculture and Rural Development; Commerce and Industry; Human Capital and Social Development; Infrastructure and Environment; Information & Communication Technology (ICT); and Political and Economic Governance. He stressed that his  services would be in line with the core values of human capital development, accountability, inter-and intra-governmental cooperation, industry, integrity, character, trust and moral courage that adds value to governance if he becomes governor of  Benue state. Fr Alia also promised to build an economy based on functional education, employment generation, agricultural development and growth with a focus on food production and processing in a secured environment that ensures food security, wealth creation and poverty reduction for the state. Taking a critical look at the two blueprints above and giving a comparative analysis on the blueprints, ” whose ideas can drive Benue people to the promised land?” is it the man whose idea is narrowed towards a particular issue? or the man whose idea is directed towards a broad range of issues?, the one that says few words or the one who uses many words? In the part of the people democratic party Guber candidate, Rt. Hon. Titus Uba, questions like this arise when considering the angle he is coming from, in terms of his promises of “Security and Agriculture” as top priorities, Does it means, he is taking another strategic approach in tackling security issues than the one the incumbent Gov. Samuel Ortom has taken so far to ensure security of life in the state? Does it mean governor Ortom has not done enough to ensure security in Benue State?  Would Agricultural development alone be enough to foster development in other sectors in Benue State? Has the small quantity of the agricultural produce in Benue State been well processed and preserved? Do we have adequate facilities and industry for the procession and preservation of agricultural produce in our state to avoid wastage and spoilage as in the case of tomatoes, oranges and mangoes we see every year? How then, can someone ascend a position  overnight to use agriculture as a tool for development when the agricultural sector itself is not yet developed? On his  part, Rv. Fr Hyacinth Alia under the platform of All progressive congress (APC) has revealed several things he will do when he emerges a winner in the forthcoming elections, numerous questions emanate in his multiple promises to the people of Benue state. Yes he touches all the areas that handicapped Benue state for about 36 years of her birth, what’s the possibility of him abiding by all he said and doing them before his tenure elapsed?  What has he done significant in the sector he has formerly worked in that the experience would enhance him to achieve  all he promised if the opportunity is given to him by the Benue people? The situation Benue State found herself now is about a broad range of agendas that would bring emancipation? He has outlined the  “what to do” for  Benue people, how about the “how do it”? like in the case of his opponent who wants to harness agriculture as a tool for Development.  what approach would he use to achieve the seven priority pillars, with the acronym SACHIIP? The capable and suitable candidates that can drive Benue people safely to the promise land is dependent on the possible answer you can craft for the above questions, competence is not found in  either our few words or numerous words, competence is found in individual actions deducing from what he/she had done in the  past especially in the office he has handled in the past. Who Then is our preferred candidate  Rv.Father Alia or Mr. Titus Uba? Benue people, “the ball is now in our court” the way we play it this time around determine our win or lose, this is a clarion call for all Benue sons and daughters to come out and make the right choice this time that we won’t regret it in the next four years  “had I know” is a language of a loser to avoid losing to their selfish, ambitious, pretentious flattering of words which is one of the political ideas as “a game of interest” we must look beyond their words this time around to observe carefully at the actions of the man speaking to us. In any choice you make in the 2023  elections, either through sentiment, tribalism, relativism or bribery, always remember the political thought of Niccolo Machiavelli “the end justifies the means’. Share on Facebook Tweet it Pin it Email Post Views: 98

OUR REPORTERS

Jairus Awo

Jairus Awo is a Nigeiran Muiltimedia public interest journalist. He believes in the power of the media as a catalyst to development and societal growth. You can tip him an idea on [email protected]

Social Share Buttons and Icons powered by Ultimatelysocial