Six lessons from cashless crisis in Nigeria

Cashless
  • By, Adetutu DEBOLA-Adesanya

Some time ago, I shared some thoughts on what the cashless/scarcity season taught me. The season is thankfully over but the lessons will stay with us for all times. 

Let’s look at some of them:

1. Relationships: Deliberately going all out to have a good relationship with people is for the benefit of all. I see friends, family, church members and neighbours empty their purses for the sake of others. Not everyone has this as their testimony. 

Choose to say hello to that woman down your street, smile, and be friendly and hospitable. All these are daily investments that pay off later.

Read Also: Cashless banks 

2. Character counts: If you have integrity, you keep to your words, honest and straightforward, it was a season where people gave you their goods or offer you services for later payment. Those who are not truthful and credit-worthy had it really tough. 

3. This is a dress rehearsal: A time is coming upon the earth when people will not be able to buy and sell without a mark or code. It’s going to be worse than this. 

Amend your ways because I don’t know anything that would be as tragic as being left behind. 

4. Frivolities versus necessities: The season helped people not to have cash in hand to do all the extracurricular wasteful activities they used to do. When you have little cash then, you seat round the table with the board (with yourself or family members) to really look through your shopping list.

5. Every penny was important: Having even the smallest denominations then was like some foreign currency. 

Someone gifted me an N1000 note one of those days and it felt like N20,000!!

It’s also important to know that we ought to always be there for one another. You do your best to reach out to people whenever you can. 

6. The culture of spraying cash at events was impossible. Events are being cancelled or rescheduled. 

We need cash in hand to do a lot of things, however,  I trust that we will not forget in a hurry everything the season brought to us. we have to choose to take things very easy and live one day at a time not seizing any opportunity to enrich yourself while others suffer and cry. 

I love you. 

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