CBN’s proposed N1,500 ATM card issuance fee sparks backlash from Nigerians, financial experts

Economists and bank consumers criticize the Central Bank of Nigeria's proposal to increase the ATM card issuance fee to N1,500 from N1,000. Dr. Uju Ogunbunka described the feedback deadline as too tight, making meaningful responses difficult. Professor Godwin Oyedokun also expressed concerns, stating that this increase could further burden consumers and threaten financial inclusion.