Central Bank of Errors

Central Bank of Errors

Central Bank of Errors

Fifty Naira extra for use of the POS

Another fifty Naira for stamp duty

And a further fifty Naira

For use of the mobile app

 

Why are they taking my money

In tiny bits and fractions

My savings  is depleted

In the name of cashless

 

You pay to save cash

And pay more not to carry cash

What do they really want

Cash, cashless or paper cash

 

Cashless policies today

Thoughtless policies tomorrow

Yesterday it was Treasury bills

Or is it Open market operations

 

Buy, sell or no transactions

Everyday a new directive

Neither thought through

Nor thought well

 

Like a man who speaks big grammar

Whilst visiting his in laws

Needing further communication

To clarify the communication

 

What’s the point really

Seemingly Communicating polices

Without communication the policy

Or is it just for fun

 

Are we excluding private investors

From participating in Treasury bills?

Or excluding local investors

From accessing the OMO

 

Speak in clearer terms

That needs no further clarifications

Our CBN of errors

Every day a new error

 

Banning unbanning

Funding and unfunding

A policy for the day

Another for the night

 

And the economy bleeds

And the market suffers

From the comedies of errors

Our central Bank of errors

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