Many Of The Fees Banks Charge Customers Are Unique To Only Nigeria – AY Makun

Popular comedian and Nollywood actor, AY Makun has come out to question Nigerian banks over the numerous charges deducted from customers’ accounts.

He recently had his say via his social media page, and fans have been reacting.

According to him, the banks must be challenged over the charges they deduct from the account of many Nigerians, especially because they keep declaring massive each quarter despite Nigeria’s struggling economy.

AY added that it is time to demand accountability because many of these fees are unique to Nigeria.

His words, “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?”

WOW.

Nollywood is a sobriquet that originally referred to the Nigerian film industry. The origin of the term dates back to the early 2000s, traced to an article in The New York Times. Due to the history of evolving meanings and contexts, there is no clear or agreed-upon definition for the term, which has made it a subject to several controversies.

The origin of the term “Nollywood” remains unclear; Jonathan Haynes traced the earliest usage of the word to a 2002 article by Matt Steinglass in the New York Times, where it was used to describe Nigerian cinema.

Charles Igwe noted that Norimitsu Onishi also used the name in a September 2002 article he wrote for the New York Times. The term continues to be used in the media to refer to the Nigerian film industry, with its definition later assumed to be a portmanteau of the words “Nigeria” and “Hollywood”, the American major film hub.

Film-making in Nigeria is divided largely along regional, and marginally ethnic and religious lines. Thus, there are distinct film industries – each seeking to portray the concern of the particular section and ethnicity it represents. However, there is the English-language film industry which is a melting pot for filmmaking and filmmakers from most of the regional industries.