AY Raises Alarm Over Excessive Banking Fees in Nigeria

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On his X handle, AY posted, “Where do banks get the trillions they declare as profits every quarter, even in a struggling economy? The small charges and debits on our accounts need to be challenged. Many of these fees are unique to Nigeria. Why is that? #BankingFees #Nigeria #Transparency #Shalom.”

Popular comedian and filmmaker, Ayo Makun, also known as AY, has raised concerns about the excessive service charges imposed by Nigerian commercial banks. He questioned how banks in Nigeria can report trillions of Naira in profits each quarter, even in the midst of a struggling economy. The actor pointed out that some of these service fees are unique to Nigeria, emphasizing that they should be scrutinized and challenged.

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