
Renowned comedian and actor AY Makun has stirred conversations online after questioning the numerous deductions imposed by Nigerian banks on customers’ accounts. His concerns, shared on social media, have resonated with many Nigerians who feel burdened by excessive bank charges.
On March 31, 2025, AY took to X (formerly Twitter) to challenge the financial sector, raising concerns about the staggering profits declared by banks each quarter despite the country’s struggling economy. He demanded transparency and accountability, urging Nigerians to scrutinize these deductions.
“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?” he wrote.
His statement quickly gained traction, sparking mixed reactions across social media. While many Nigerians echoed his sentiments, lamenting unexplained deductions and unfair banking practices, others questioned why he was only speaking up now. Some pointed out that these charges have long been a source of frustration for everyday citizens.
The discussion has reignited calls for financial regulatory bodies to intervene and review banking policies that permit excessive fees. With AY’s voice amplifying the concerns of countless Nigerians, the debate on bank charges continues to gain momentum.