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Nairaland Forum / Nairaland / General / Politics / House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit (271 Views)
Naira Redesign: Banks’ Cash Withdrawal Limit Is Illegal – Supreme Court / House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit / Buhari: “Why I Ordered CBN To Stop Forex For Food Import” (2) (3) (4)
House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by Interfaceupdate(f): 3:30pm On Dec 08, 2022 |
The House of Representatives has asked the Central Bank of Nigeria (CBN) to halt the implementation of the new cash withdrawal policy slated for January 9, 2023 pending compliance with the provisions of the Act establishing the bank. The House also summoned CBN Governor Godwin Emiefele in accordance with the provisions of the Central Bank Act to brief the Chamber on several policies of the bank in recent times. There was anger in the House on Thursday as members took turns to condemn the new cash withdrawal policy, saying it will grossly affect small businesses and the economy since most rural communities don’t have access to banks. However, following a point of order raised by Mark Gbillah on the provisions of the Central Bank Act, the House directed the CBN Governor to appear before the House on Thursday, December 15, 2022 to brief the House on why the policy should be allowed to stand. |
Re: House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by DSC7: 3:33pm On Dec 08, 2022 |
No going back on the withdrawal limit.... Buhari have spoken and so shall it be... Looters are about to be exposed and disgraced.. 1 Like |
Re: House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by kingsways: 3:34pm On Dec 08, 2022 |
It should not be suspended ANYBODY THAT SAYS IT SHOULD BE SUSPENDED IS CROOK ALMOST ALL CORRUPTION AND CRIMINALITY IN NIGERIA HAPPEN IN CASH 1 Like 1 Share |
Re: House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by FrancescoFarino(f): 3:34pm On Dec 08, 2022 |
looters will like this new development. |
Re: House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by ganisucks(f): 3:35pm On Dec 08, 2022 |
Interfaceupdate: Clowns. All of them will cry on election day. President Obi must have his majority in the house. No retreat no surrender. 1 Like |
Re: House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by Anambra1stSon(m): 3:36pm On Dec 08, 2022 |
Tinubu men are fighting back ![]() ![]() |
Re: House Of Reps Today Ordered CBN To Suspend New Cash Withdrawal Limit by joyandfaith: 3:45pm On Dec 08, 2022 |
Interfaceupdate: So that they would still have money to distribute to people during festivals and elections. Useless people. Cbn Governor shouldn't honour the invitation. |
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