Naira Scarcity: Commercial S3x Workers Count Losses, Decry Low Patronage

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Due to the scarcity of the Naira notes, some commercial s3x workers in the Federal Capital Territory (FCT), have lamented about low patronage in their business.

Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, said the scarcity of the notes was a threat and had crippled their businesses.

They said that although the currency swap policy was commendable, the current mode of implementation was a challenge to their business.

One s3x worker, said her customers had reduced drastically due to the current ‘no cash syndrome’.

She described the development as both frustrating and slow for the business.

”The business is no longer booming like before because there is no cash anywhere.

”Some of my customers will come and after negotiations, they will ask if I have an account so they can transfer the money to me.

”When I give them the account number, they will press their phones and tell me that they have transferred some money.

”The worst part of it is that you will see their own alert in their phones but most times you will not get your own alert.

”They will want you to start the service immediately without you getting an alert and when you refuse, some of them will start making trouble.

”Infact, there is one of my colleagues that a customer sent a transfer alert to but up till now, the money is still pending but she has serviced the man,” she said.

Another s3x worker, a university dropout, said many of her colleagues in the business had left temporarily due to the current cash crunch.

She said the development had caused customers who had little cash at hand to pay ‘next to nothing’ for their services.

”Clients who have cash will price you as low as N1,500 to N3,000.

”When you refuse, they will tell you that the amount is the only cash they have on them and because I need cash, I will be forced to accept the price.

”Even the Point of Sale (PoS) agent where we usually direct our customers to get money has suddenly ran out of cash for the past two weeks.

”I think this policy is a good one because it is meant to curb crime but the banks are not implementing it well,” she said.

Another s3x worker, Tracy Ehigbere, appealed to the authorities concerned to urgently address issues around the currency swap policy.

NAN reports that some of the mammy markets and brothels visited along FCT satellite towns which usually witnessed beehive of activities were deserted. (NAN).