Limits on cash withdrawals have been set by the Central Bank of Nigeria; they will go effective on January 9, 2023. According to the memo:
The maximum cash withdrawal over the counter by individuals and corporate organisations per week shall henceforth be N100,000 and N500,000 respectively. Withdrawals above these limits shall attract processing fees of 5% and 10%, respectively.
2. Third-party cheques above N50,000 shall not be eligible for payment over the counter, while extant limits of N10,000,000 on clearing cheques still subsist.

3. The maximum cash withdrawal per week via Automated Teller Machine shall be N100,000 subject to a maximum of N20,000 cash withdrawal per day.
4. Only denominations of N200 and below shall be loaded into the ATMs.
5. The maximum cash withdrawal via the point-of-sale terminal shall be N20,000 daily.

Although this action appears strict, it will assist prevent money laundering and vote-buying in the general election of 2023. What do you think about this?

https://veegil.com/topic/639084d61fd3566303364a61

Thiefnupoo in the mud. Vote buying is the only option he had.