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More reactions trail CBN’s new policy on cash withdrawal

By Wikkie Idakwo

2 months ago
in Headlines
Central Bank of Nigeria

Central Bank of Nigeria

The new policy of the Central Bank of Nigeria limiting daily cash withdrawals by individuals and corporate organizations has continued to generate reactions from a cross-section of Nigerians. In Jos, the Plateau state capital, most respondents say the timing is not right.

This new policy of the central bank has been met with mixed feelings. While some people are optimistic about a better economy, others are concerned that the poor masses, especially those at the grassroots, will not have it easy.

Also Read: Some senators kick against CBN policy of N100,000 withdrawal per week

They say there is a need for more awareness and sensitization about the new policy and called on the CBN to go back to the drawing board and re-strategize.

While most Nigerians are still wandering and waiting to see how this new policy will unfold, it is hoped that the CBN will ensure that all stakeholders are carried along.

Editor: Ena Agbanoma

Source: AITNEWS
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