Seun Kuti Calls Out Nigerian Bank Abroad Over Requirement to Open an Account: “Dem Say Na £50,000”
- Nigerian Afrobeat superstar Seun Kuti shared his disappointment with a Nigerian bank in London
- The Saxophonist narrated how he was bounced out of the bank premises because the £10,000 he had was not enough to open an account
- Boldly calling the bank's name, the activist slammed them for not being considerate about the country's economic state
Nigerian Afrobeat superstar Seun Kuti shared his anger over his experience with a Nigerian bank in London.
Seun Kuti revealed that he wanted to open a bank account in the foreign country after he realised he had £10,000 (about N22m) on him.
Source: Instagram
He decided to patronise an African/ Nigerian bank, but he was shocked to learn that the minimum amount required was £50,000, which is approximately N106m.
"I go GTB for London. Dem say if I no get £50,000, I no fit open account," he said.
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Disappointed by the incident, the activist recounted how he walked out of the bank hall in shame. He further criticised the financial body for its high demands from Nigerians, juxtaposed with the country's economic situation.
Seun noted that the event took place in the presence of his manager and friend, who laughed at him for thinking that his £10,000 was more than sufficient to open a foreign account.
Watch him talk below:
Seun Kuti's video sparks debate
Legit.ng compiled the reactions below:
@DiabloChaze:
"Regardless of how funny this looks, it’s absolutely appalling to hear they requesting £50,000 just to open an account? That's exploitation, not banking. African financial institutions should empower, not extort, their own people."
@QUEENOFDBLUES1:
"If he can not open the account, he should go and warm Eba and chop abeg."
@naijaconectblog:
"Our grandparents..na inside ground they saved their money that time."
@damola_ade77:
"He made a very valid point, the bank was opened mainly for money laundering. Keyword:- mainly."
@Josef_oti:
"Depends on the account tho! Maybe their talking about premium account which is the equivalent of platinum account in Nigeria. It’s banking system in the western world not a GTB thing."
What you need to know about Seun Kuti
Oluseun Anikulapo Kuti popularly known Seun Kuti, is a Nigerian musician, singer and the youngest son of Afrobeat pioneer Fela Kuti.
He was born on 11 January 1983, Seun leads his father's former band Egypt.
He became interested in music at the age of five, by the time he turned nine, he had started playing with his father's band, Egypt.
Fela Kuti died in 1997 and Seun Kuti took to the role of leading Egypt.
Samklef compares Seun Kuti to his father
Samklef made a comparison between father and son and advised Seun to stop living off his father's glory.
He explained that Fela's father was a clergyman and that the late musician created his legacy without living off his father.
He slammed Seun by calling him a fool and vowed not to stop disrespecting him until he stopped calling out others.
Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.
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Source: Legit.ng
Chinasa Afigbo (Editor) Chinasa Afigbo is a pop culture/music journalist and content writer with over four years of experience in other mainstream media organisations, including Vanguard Media and Guardian Life. She holds a degree in Information Management Technology from the Federal University of Technology, Owerri (FUTO). She also moved on to pursue courses in writing & media communications. Chinasa has also been published in other Intl journals, like The African Report. Reach her at: chinasa.afigbo@corp.legit.ng.
Ezennia Uche (Editorial Assistant)
