Reading about the policy now and then from various reports, one thing is certain that the Nigerians aren't pleased with the policy in anyway. Going by the policy, it goes to explain that a business owner will have to pay 10,000 - 15,000 naira on every 500,000 naira on ever deposit - withdrawal transactions carried out. Though CBN has tried to debunk such thought emphasising that the policy will only affect any extra cash paid/withdrawn above 500, 000 naira, that is, if a transaction of say 550,000 naira has been initiated then the charges will be implemented on just 50,000 naira since 500,000 naira is the benchmark.