General Protected: Cheques or ATM Provisio Digital TeamApril 11, 2021066 views Why We Looked Into This? »👀 Are older people likelier to use cheques than younger people? What has been the effect of the cashless policy on the mode of payment by Nigerians? ‘Who still uses cheques (in Nigeria) these days?” A business analyst asked, in response to a circular from the Central Bank announced that old cheque books will cease to be accepted at the clearinghouse due to a new policy. What mode of payment is preferred by each age group? The Use of ATMs in Nigeria: Ten Year Review (2010 – 2020) View this post on Instagram A post shared by Provisio Digital (@provisiodigital) The Use of Cheques in Nigeria: Ten Year Review (2010 – 2020) View this post on Instagram A post shared by Provisio Digital (@provisiodigital) Changes in Cost of Elections Since 1999, the cost of conducting elections has increased almost ten times. In 2011, INEC stated that it captured the data of 73.5 million eligible voters in just three weeks. Similarly, election costs have increased due to staggered elections. INEC estimates that there will be about 100 million voters in 2023 and has proposed 305 billion naira for the 2023 elections. This is an average of 3,050 naira per registered voter. A percentage change in the costs spent in spending elections reveal a -11% drop in costs while in 2019, there was a 122% increase in costs. Staggered elections, reruns, court cases, voters’ register update, inflation and production of certain election materials outside Nigeria could account for increase in these costs (direct and indirect costs). This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. How do you feel about this topic? +1 0 +1 0 +1 0 +1 0 +1 0 Facebook Twitter Email Telegram