Senator Ben Murray Bruce has reacted to the Central Bank of Nigeria's decision to ban Nigerians from using their debit and credit cards abroad. Reports about the planned ban came to light few days ago when BBC quoted a source as saying that the CBN will from January 1st 2016 stop foreign purchase via the use of credit or debit card. The decision is reportedly part of the government's effort to try to stem the flow of foreign exchange out of the country.
The CBN has also reportedly written to various commercial banks about this decision while some banks have also notified their customers, saying it is a temporary measure. Sen. Ben Murray-Bruce however thinks this decision is not a wise one. His reaction after the cut...
286 comments:
1 – 200 of 286 Newer› Newest»Like,did they think of the disadvantages before making such restriction? The students who study abroad, businessmen,sick peopl etc?? The worst part is they made this during Christmas!! Like the worst time ever! Not just cool at all,i wonder how we will move forward with such laws,diversify the economy, encourage our Nigerian products.
well..... thr is sense in wat he is sayin
Its truly coomon sense,how will they ban ATMs.
They should better think of something else to do.
#Hajia Mufliat
It's the stupid politicians that caused it. That they result of their reckless spending
Hmm. www.newseveryhour.com/2015/12/ghanian-artiste-wisa-displays-his.html
I dnt buy dis idea ooo oga CbN via Sai Baba
I think dey can deal wit it cos dey hv bin doing without it/surviving for many yrs witout using it abroad. Is jus a temporal matter
God bless you Senator Bruce, you talk intelligently.If you ever run for president,I'll vote for you a million times.
Whoever is still using nigerian atm here tho
Hmmmmm. www.newseveryhour.com/2015/12/ghanian-artiste-wisa-displays-his.html
Sensible enough Mr Murray but I no sure say this man get work o..he virtually lives on all social media platforms kai..
I concur! Thanks Mr Ben.
He really made sense dis time around. Linda take note!
He hit the nail on the head! #constructivecriticism
I Like this Ben Bruce..he always has a point in anything he says..
Very well said Bruce... Thank you sir for that #commonsense
People in this government don't have common sense..is like you are the only one with small sense shaaa
Gbam!!! Fa
Very well said Bruce... Thank you sir for that #commonsense
God, that Facebook thing will affect me ooo. Nigeria is increasingly becoming useless by the day.
WoRd
Murray Bruce it is a temporary measure to correct the dollar rate. It is not forever. The administration has already said before they can correct all the errors caused by the past administration, there will be difficult times which will not last for long before everything will finally normalise and everyone will now smile at the end. Nigerians should remember the saying; "No pain, no gain"
True talk .....so r they going to create another alternative ???
My common sense senator, making sense indeed.
Aina
Murray Bruce it is a temporary measure to correct the dollar rate. It is not forever. This administration has already said before they can correct all the errors caused by the past administration, there will be difficult times which will not last for long before everything will finally normalise and everyone will now smile at the end. Nigerians should remember the saying; "No pain, no gain"
Murray Bruce it is a temporary measure to correct the dollar rate. It is not forever. This administration has already said before they can correct all the errors caused by the past administration, there will be difficult times which will not last for long before everything will finally normalise and everyone will now smile at the end. Nigerians should remember the saying; "No pain, no gain"
I love dis man God he always speak the truth
Murray Bruce it is a temporary measure to correct the dollar rate. It is not forever. This administration has already said before they can correct all the errors caused by the past administration, there will be difficult times which will not last for long before everything will finally normalise and everyone will now smile at the end. Nigerians should remember the saying; "No pain, no gain"
Stop telling us, you are of the law makers in the upper chamber while not fight for the poor Nigerians in the chambers than busy tweeting each time, just making my own common sense.
Mr Know it all is @ it again but this time around, I give him kudos.He's spot on
I wish I fit carry your brain put am on other Nigeria politicians.
#COMMONSENSE
*****achuka*****
He's right. The ban of ATM use abroad is really ridiculous. We understand that they want to relieve the pressure on naira but punishing everyone isn't the way to go
This man get sense. Please fight for the ordinary citizens.
Words from a wish man.
Ben my man. This has just made my sunday
Exactly my point too. Why is this govt making life difficult for citizens both here and abroad.
Well let's just say we need to close the economy and get our biafran brothers back to the creative table of the civil war era.if they could create the ogbunigwe then nothing stops them from providing farm equipments,moulds, generator and vehicle parts etc.bros before we had corn our chicken Ate something.lets go back to the basics.No pain No gain
Exactly my point too. Why is this govt making life difficult for citizens both here and abroad.
I support him on this.
It doesn't make sense at all. Other countries use thir ATM cards abroad, why should our stop? Does it even sound fair?
There are other economic decisions which can favour our country; as for this one, its a No! No!
Sincerely speaking the mind of Amadioha
When I tell people that buhari is a cretin they think I'm rude
This is the worst change ever... This administration is totally clueless
Heyyyy!!!!!!!! This will effectively kill ALL tech startups in Nigeria. Like me I use my GTB Naira debit card to pay for hostings, and now Buhari wants to kill my business after voting for him. God bless Sen. Ben Bruce for bringing this to light. But why will a government we elected for change a positive change want to kill us !!!???
I agree with Bruce on this one. This government is trying to make life difficult for us ooooooo. Just negodu
#troubleshooter
Murray Bruce, do u want solution or not? If you want solution then you have to pass through some hard times before the solution can come. When you have an injury and you go to the hospital, the doctor will apply iodine and give you injection that will pain you before you get relief. Buhari's administration has explained this before that there will be slight hard times in order to correct the problem but it is only for a short while. I dont know why Murray Bruce is just wailing and ranting here when he knows the truth. Dont come here and try to confuse Nigerians because i know that it is PDP's strategy. All i can say is; PDP try harder!
Murray Bruce, do u want solution or not? If you want solution then you have to pass through some hard times before the solution can come. When you have an injury and you go to the hospital, the doctor will apply iodine and give you injection that will pain you before you get relief. Buhari's administration has explained this before that there will be slight hard times in order to correct the problem but it is only for a short while. I dont know why Murray Bruce is just wailing and ranting here when he knows the truth. Dont come here and try to confuse Nigerians because i know that it is PDP's strategy. All i can say is; PDP try harder!
Well let's just say we need to close the economy and get our biafran brothers back to the creative table of the civil war era.if they could create the ogbunigwe then nothing stops them from providing farm equipments,moulds, generator and vehicle parts etc.bros before we had corn our chicken Ate something.lets go back to the basics.No pain No gain
True
I luv dis man die kaii
Lib freak
This man is using style to run for presidency.
they just want us to be in the 19th century........it God go win
Mr.Ben thumb up
kelv.I.am
This ban is so stupid that I wonder how this people reason imagine a government trying to tell me how n when to use my money. All I c in this govt is they hv stolen wat belongs to God n he has turn his back against them which causes them to make silly mistakes that will destroy them n their gangs!!! Buhari is taken Nigerian to d Sea which we crossed long ago
He is right. CBN what's to crush Nigerians, I don't understand anymore. They are fighting corruption but we the masses are ones suffering it the most #PunishPoliticiansNotNigerians!
Yeah, this is definitly common sence...
#aminlovewithlinda...
Senator ben is on point
This man be buying the minds of Nigerians
Time for Buhari to go,stupid Nigerians,you see whom you voted to power,that bastard man deserve his ass whooped,I will like to see him out of power,he is an asshole,why punish ordinary Nigerians for the crimes of politicians?If you Nigerians dont wake up and demonstrate about this,soon internet will be banned right in front of your noses,stupid country!
Buhari is a local man!
Using kano tactics to rule nigeria! Ban ATM abroad? are these ones ok.?
Linda merry Xmas,be forming saint and gud girl,do u remember wen I sent u a mail early November when we were being slowly killed in firstbank? U were waiting for u to pay u before u could publish my story. Was dat an advert? Yet u claim not to take money for stories. Shame on u! I sent u reminders yet u kept mum. D blood of d pple will still curse u out. Happy new year in advance if it's possible
You can't but love this man. Perfect response!
OKORO UPGRADED
Bruce my man
This present FG is a disappointment.. It's like all of them in the FG has fish brains.. Why ban credit card?!! Why???😁😁😁
Yes! Mr common sense!
!brightosman aka fake phyno .#gerarahere
OK,but can we make use of it in oda African countries?
#needanalibitojoinmetastethenewgeishasardine
My own annoyance with this man is that his whole noise making is on twitter
#It WiLL oNLy gEt beTTer
#iT MuSt eNd IN pRAisE
Hmmmmm
Since centuries ben murray bruce you've been making adequate use of this 'common sense' that most of our leaders don't want to use
The commercial banks have placed a ban on use of the debit and credit cards even before Jan 1st 2016. A large number of Nigerians have been embarrassed and stranded abroad due to this new policy that was not thought through before inception. A lot of us got to know after leaving the country on vacation and we had to call the banks because the cards were being declined after it had been used and accepted prior. This is only punishing the common masses. The big shots do not feel this. They have millions outside the country already.
I agree wit u in totality
Spot on Ben...
He got some point but some country do dat na and I understand federal govt in dia own way 2 datz y I support d FG #sneh
Enter your comment...Most u react on everytin, Mtcheeeeeeew
we ain't seen nothing yet,this government is gonna be an all talk and no work government, confused people,they never think before doing anything, they will say it is also to fight corruption shebi,corruption blabbing loafers.
How will my parents send money to me? What's wrong with this useless country.
Honestly If I swear for this pple...it will work.
On point.
Olly
The CBN is really creating more problems for Nigerians.
Well said... This CBN governor no get brain
I support u whole heartedly on dis move my senator..#commonsense senator.....other senators no get commonsense @ all.
This time I agree with you that he had finaly made common sense
I support u whole heartedly on dis move my senator..#commonsense senator.....other senators no get commonsense @ all.
Well spoken....you speak the mind of the common Nigerian men.
I hope CBN will listen.
#CommonSence over there .
But did CBN really think of the aftermath before taking such decisions?
#SayNoToATMBan
All Iz Well!!!
Well spoken....you speak the mind of the common Nigerian men.
I hope CBN will listen.
Sen Ben pls help us tell them o. After suffering to get the BVN,they re still coming up with more tactics to punish the ordinary man. #punishpoliticiansnotNigerians!
Sen Ben pls help us tell them o.After suffering to get the BVN,they re still coming up with more tactics to punish the ordinary man. #punishpoliticiansnotNigerians!
Well spoken...
Sen Ben pls help us tell them o.After suffering to get the BVN,they re still coming up with more tactics to punish the ordinary man. #punishpoliticiansnotNigerians!
I love this man.
eme.eunice@yahoo.com
Where are they suffering the masses?
For once he made a lot of common sense. The restrictions will hurt the economy most of all.
I really dont know how far this will go as there's already a limit to cash one can travel with! At this point just like senator Ben Bruce said that it could have been better if ordinary average business people that survive one way or the other through transactions online could be considered before concluding on such.
Yes punish only politicians and not the innocent Nigerians. Thanks
this sense is not common...this is the best he has made so far... proud of this man for once
Well said
Mr Senator is on point...happy sunday
If only GMB would reason like this I'm sure students schooling abroad wouldn't have to worry about how they'll survive from Jan. 1st 2016. As some have already started tasting this bitter pill.
Enter your comment...onye ka oga abu oburu asi ya gba nkiti! Its guinness malt all d way.
Well said Mr Ben but hw many is ready to listen to this. as matter of fact the is a serious issue and have to be tackled b4 it gets out of hand, cbn can't they have other means of tracking funds from this politicians Dan this.
I don't know where we are going with this decision. Back to analog or what. OK ooo
Gbam
Agreed with yr view sir
LindaAssistantBf
I think this is a total disconnect from the world of business, they need to rethink. We are actually experiencing difficulty withdrawing from ATM already in some parts of South Africa.....#just be just#
Okooo,we've hrd you,oga ben thank you 4 your support,nnanu patriotic nigeraian
Comment by a naija mode
True talk! How thus buhari and his team want to improve on the nation revenue. All nigerians are not thievies,buhari shd not see himself as the most righteous neither a saint. The idea is BABANLA NONSENSE! All over the world dollar is accepted its only buhari regime in 21st century use of dollar stopped in nigeria and no specific limit to travel outside nigeria and coming to nigeria. We do not see hardship, we need better economy direction that will favour the the masses. Its only those who don't have anything reasonable doing that will be happy with these economy nonsense of buhari.
Selfless service senator that cares for his people. #GodBlessYou
Sometimes, I like Buhari and at other times am confused why I liked him. Sometimes acts like he is a true democrat and before that time expires, the military blood flows where the democracy blood is trying to gush from. Nna, I am speechless.
Well said
Me like the senator. He lowkey says it as it is..big ups
Word that!
1. This can't work of Cox. How do they transact outside the country?
2. the best policy would be to create a withdrawal limit.
3. #MYOPINION#
this man sha
This is really common sense! Emefielle, be careful of the policies you try to implement because if Nigerians pray for you, you won't last one more month on that seat. If you don't know what you are doing, pls gerrarahia me mehn!
You are a hypocrite. Reach out to your fellow senators who oversee the CBN & give them this input.stop going on social media to be holier than thou. Common sense ko! You didn't have common sense when GEJ was in power. Abi na harmattan blow the common sense enter your head?
NA THEM SABI, INSTEAD OF THEM TO FOCUS ON BETTER CHANGES..
AUNTY LINDA....
Social media senator
thanks Sen.Ben Murray ,you always keep it real
Atleast someone is thinking
well said
It's really so crazy. I don't know what's happening in Nigeria again. Let's get ready for the worse. God will help us.
Pls its not a wise one. Linda pls help us the student studying abroad. These banks dont allow us withdraw and when they do they extort from us. Imagine 100dollar charge to witdraw 50k. Please they should do something
He's right...this is unfair and unjust.I am currently studying in India, and they charge us 10000 naira per withdrawal with Nigerian Atm.I depend on my mother for my school fees and upkeep and if they ban the use of foreign Atm abroad what will me and my colleagues over here do?how are we going to survive?the government should please use common sense while implementing stupid laws..#signing out#
Campaigning for 2019 ehh?? Good job but better find urself another party if u wanna lead
Lol this man is gangster.. NYC talk though
I am a banker and truth be told it's not the wisest decision by CBN regardless of our low earnings in forex which has made it quite difficult to settle intl card transactions giving the high demand since banks can no longer accept fx deposits. I still think it's a backward step for us as a country. They could have tried to further reduce card spend limit per person instead of this proposed outright ban
And he's making a lot of sense! Was this decision not thought through? Where are the technocrats?
Well he's said the truth.. This buhari and his policies is slowing becoming an autocratic system with stupid laws...
Exactly. Dis ban annoys me daily. I hope sth is done fast b4 it is implemented. After all wen Dollar was 140 we cld stI'll use our debit cards abroad and travel with as much money as 10000 dollars. Buhari nd CBN stop suffering Nigerians.
Well spoken sir!
Seriously what's wrong with this government? Why all this? Am tired of Nigeria as a country. God this country. It's leaders and it's citizens need help.
*LIB JUDGE*
Wow! God bless you for this post.
For the very first time, i agree with you.
U did sir....since the malam came everyfin changed....mama mmadu bu garri stopp punishing us.....
It is absolutely NOT wise decision please. how could they possibly think of it in this era of technology. our law makers take note.
Nice one ben
This government need to borrow sense pls
Without common sense or wisdom, we take 1 step forward and 10 steps backwards.....
Hmmm...I think Ben Murray should be made a technical adviser to Mr President cos he's always talking sense in everything. This is no jokes please.
May God richly bless you more .. Sir....hmmm
Very very badt, but how will a man be does(lolz). Anywayz,they should try and sort things out for the ordinary entrepreneurs like Us. They should only face those with ill gotten wealth that can obviously buy a state.
I can't but agree with Sen Ben Bruce on this. Banning Naira debit card use abroad is further going to cause untold hardship on Nigerians in diaspora, especially the students.
very well said.
Mr Ben, can you take this to the senate house and have a debate there with your colleagues.
You always sound like a broken record, seeking unnecessary attention on social media.
They don't think about the common people plenty of the times.. it's showing again now #punishpoliticiansnotNigerians
Ma broda I wonder where this country is going to.. Anyway let's sit n enjoy d change
Oh hw i love Ben Bruce... # perfect sense
blissfella77@yahoo.com
I guess this CBN people are really stupid, how can they ever think of such! to ban ATM card use abroad is total madness! gosh!!!!
This is the only political pushing/carry Nigerians along and in front.
Always making valid points
For the 1st time I would want 2 agree with you....
#sips orijin#
#Linda about to hit one million followers on Twitter#
This is d first time Ben is making sense to me, Ban d use of ATM cards abroad for Politicians nd their families
I cannot but agree with Mr Bruce. That's a very common sense argument. Mr Bruce is well exposed, unlike some of his colleagues in the Senate.He is a genuine person. Its high time so.done spoke for the common hardworking people of Nigeria..
I support Mr Bruce views. He is speaking for the majority of hardworking Nigerians. His argument is a commonsense argument.I hope this ATM matter is temporary because it's anti-business.
I cannot but agree with Mr Bruce. That's a very common sense argument. Mr Bruce is well exposed, unlike some of his colleagues in the Senate.He is a genuine person. Its high time so.done spoke for the common hardworking people of Nigeria..
this man is always talking sense..why can't we have more visionaries like him in Nigeria..www.Standontech.com
Hmmmmmmmmmm
I agree with the senator. Such policy decision should be targeted to PEP & High risk customers
Real common sense senator bruce
Nawa o! We don enter o!
Good point,people in high position just sit in their offices and be dishing out unneccesary policies wtout considering d effect on the mercies.I pray they change it their mind.
Good point,people in high position just sit in their offices and be dishing out unneccesary policies wtout considering d effect on the mercies.I pray they change it their mind.
Mr senator dos points of urs r very correct. CBN shud considers nigerian wit SMSE
Please sir inform them. Punishing de average honest Nigerian because of the scrupulous activities of politicians is quite unfair. They should find a way to control funds being stolen and not make us feel like we are in de dark ages. I'm beginning to dislike my lovable country despite the hardship endured.
God bless you Sir, this was exactly my thots too. I have a brother studying in Florida n our only means if transferring money is just by this means. you can imagine u going to d bank n all they could say is to send d money thru money gram can u imagine that meanwhile u will b charged to do so its to sure d CBN governor is thinking n acting backward if he does not know what to do let him ask d governor what to do not this dum as LAW. What was d use of letting them register For BVN outside d country with $45 charges n majority had to fly down to d 3 centers giving to them. What a crazy change from d CBN Governor.
My Name is Mimi Obi. #ItsjustcommonsensetodotheneedfulanddontpunishtheaverageNigeransandParents#
Enter your comment...well said Mr Bruce this Govt is all out to frustrate the poor masses
That's unfair!
U right o, person like mi go suffer be that if I cant access my money abeg o.linda post o
U right o, person like mi go suffer be that if I cant access my money abeg o.linda post o
I respect you for this sir.God bless you. Yuo really make sense. What are the other law makers doing about this or do they agree with the stupix decision from cbn governor. When it is money sharing all of them will agree together. But this is one of the reason why we voted them inn.all the law makers should stop this senseless decision from the cbn governor because I know the man doesn't know what hs is doing anymore.he just have to be stopped.
He made sense.
I'm beginning to like this man.
That made a lot of sense Bruce
This is bad real bad micheal jackson, now I'm a real men joe jackson.
Crayice7@gmail.com
For the first time ever, this dude is talking #common sense.
Lol my bayelsa man
Funny but true
Punish politicians not us ordinary people #is dis social media bill via backdoor#. This buhari led government is really crippling Nigeriana . Wtf
It seems the present CBN Governor is just too clueless and is bent on punishing ordinary Nigerians with his policies. Which kind school the man go Sef?
Ride on ben bruce..tell them ohh..they are confused
~make I go take one bottle of beer~
Exactly!!! Why punish innocent people for nothing pls this is not the way forward at all this is a wrong change we need to move forward not back ward pls
He's truly right, I wonder what's d use of the BVN.
Linda this the most wicked thing a government can do to its citizens, I was in New York last week I went to use the ATM machine and was told,i had exceeded my daily withdrawal limit,it was shocking,thinking it was GTB's normal nonsense, only for me to call GTB customer care and they told me that,the central bank of Nigeria had banned the use of naira ATM abroad without notice and back dated the law without notice, that one couldn't even withdraw 300 dollars a day and one thousand dollars a month anymore. This law affects mostly the masses,it won't even affect the rich/politicians, because they all have platinum/black cards they can use. My question is, why is Buhari causing us so much hardship? These currency exchange policies affect only the average Nigerian, as a hardworking businesswoman,i was terribly embarrassed and humiliated as I became stranded and could not pay my hotel bills or buy food, my sister couldn't pay for a life saving emergency surgery,had to start looking for Nigerians to help us,it was humiliating to be at everyone's mercy, right now I hate this present government that I voted for.
God is watching
i agree with him
Bless ur Soul Ben.
Hmmmm
Preach it Mr. Bruce ......
I agree that he has just made com mm on sense!
If only he could make this much noise on the Senate Floor instead of on Social media
Clearly stated...#punishPoliticans notNigerians
I don dey lik dis guy....
#lobatan!!!
And this sir, is common sense... Na wa for CBN, Yh, we all want a better Nigeria but we need to be sensible about it.
POSITIVE
Gradually Nigeria is turning from democracy to dictatorship...
Good man. God bless u
APC will give us Sharia banking for sure .Every Thing is changing !!!!!!!!!!!!!!!!!!
Punish politician not Nigeria... nice write frm @Ben Murray bruce# God bless Nigeria
Punish politician not Nigeria... nice write frm @Ben Murray bruce# God bless Nigeria
Saint Murray Bruce...diz politicians go curse u oo
Instead of getting behind this man to support his claims... These bastards would say he's a talkative
Sen ben murray bruce thank you for educating those illiterate
Instead of getting behind this man to support his claims... These bastards would say he's a talkative
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