A former aide to the former Presidents Obasanjo and Jonathan Doyin Okupe has advised the Nigerian government to stop banks in the country from selling recharge cards.
Mr.Okupe believes that by selling recharge cards, banks are participating a lot in the already high rate of unemployment in the country.
In his tweet, Mr. Okupe noted that the recharge card business is cost about N10 billion per day and is able of providing jobs for about 5 million youths nationwide.
Govt must stop Banks from selling of recharge cards,” he said.
“This business is worth about N10B/day and can provide jobs for 5m youths nationwide and reduce unemployment.
“Banks should not be in the retail business where they strangulate small individual traders. The government must protect MSMEs,” he said.⊇