Banks told to stop selling recharge cards
Nigerian government has been advised to stop banks in the country from selling airtime or recharge cards.
Doyin Okupe, a former aide to former Presidents Olusegun Obasanjo and Goodluck Jonathan, believes that by retailing recharge cards, banks are contributing to the already high rate of unemployment in the country. In a tweet, the former presidential aide pointed out that recharge card business is worth about N10 billion per day and is capable of providing jobs for 5 million youths nationwide.“This business is worth about N10B/day and can provide jobs for 5m youths nationwide and reduce unemployment.
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