On the surface, things appeared to be going smoothly, but all was not well in Naira-Land. Businesses were going under for it cost so much to carry out every single transaction in cash....
In short, King Cash was enjoying his paper throne but his people wanted something more.
The council of chiefs, known as the CBN, saw the hardship the king's rule was bringing on the people and had several meetings to find a lasting solution. After extensive consultations, they decided the best step was to break the monopoly of Cash's monarchy. That was how the Cashless policy came about.
The next day the town crier was sent around town to summon people to the village square for a very important meeting. When all were gathered, the head of the CBN, the Bashorun began the address.
"We are gathered here today because of the ugly turn our economy is taking. We all feel the pain of what's happening. The world is changing and we need to move with the times. As the CBN we cannot fold our hands while our people suffer. So after due consultations we have decided to adopt a Cashless policy in Naira-Land".
"Cashless ke? What is that?" The people asked.
"We have to stop the ghana-must-go culture of doing all business in cash", the Bashorun responded. He further explained that this Cashless policy would encourage the use of electronic transactions so that people would use less cash. He then listed the terms and conditions of the Cashless policy "Any questions?" he asked when he was done.
One by one people asked their questions; ranging from how to avoid the excess charges to the convenience of the scheme.
The Bashorun was quick to respond
"That is why we are blessed to have Otunba Quickteller here. Henceforth, he will handle all cashless transactions, bringing you ease and convenience." "So are we all in agreement?" He asked.
"Yes", the people chorused, amidst cheers.
At that same moment King Cash stormed into the arena. "What's going on here?" he demanded. "Oho, so you people have been holding secret meetings behind my back? I know everything. I am King and I will live forever!"
Otunba Quickteller stood up. "Enough. The people have spoken and we have chosen liberation from your stranglehold" he said.
"Yes, you may live forever, but your long reign as king is over. Take him away." He ordered.
"No" yelled Cash, as he was bundled away. "You can't do this. I have always ruled. This is preposterous. I am King. I WILL LIVE FOREVERRRRR"
It was jubilation all around as the people rejoiced. A new era had dawned and Naira-Land could finally catch up with the rest of the world.
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