In a compelling New Year message from the Taraba State chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), a pressing call to the Central Bank of Nigeria (CBN) and commercial banks reverberates. The message, delivered in Jalingo by AMMBAN’s state chairman, Bulus Audu Daniel, highlights the crucial need to tackle the persistent challenges of cash scarcity and fraud that continue to afflict the nation.
Emphasizing the pivotal role played by the association in bridging financial disparities, particularly in rural areas, Daniel underscores the imperative for a collective effort to address the financial needs of the population and combat the high ratio of unbanked individuals. Moreover, the association expresses deep concern over the financial hardships endured by its members in 2023, attributable to the implementation of the cashless policy and subsequent cash scarcity that markedly impacted the economy.
AMMBAN urges a harmonized approach, advocating for collaboration and teamwork among stakeholders to drive much-needed change. Moreover, Daniel stresses the importance of members adhering to ethical standards, professionalism, and safety protocols in their operations.
This clarion call from AMMBAN resounds not only across Nigeria but also echoes the universal struggle against financial exclusion and malpractice, resonating with audiences globally. As the world grapples with economic disparities, security concerns, and technological advancements, the imperative for inclusive and secure financial systems unites us all. AMMBAN’s message stands as a compelling testament to the ongoing quest for financial integrity and accessibility, serving as a call to action for institutions worldwide.
