FG don ban cash withdrawals from public accounts
Di Federal Government wan stop cash withdrawal from all public accounts with immediate effect.
In place of cash withdrawals, public officers go open domiciliary accounts in foreign and local currencies ahead of di commencement of di new policy, di new Naira withdrawal policy wey Central Bank of Nigeria, CBN announce.
Director/Chief Executive Officer, CEO of Nigerian Financial Intelligence Unit, NFIU, Modibbo Tukur,for statement, yesterday, give di new directive for parley with di Chairman of Independent National Electoral Commission, INEC, Prof. Mahmud Yakubu, for Abuja.
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Di statement by di NFIU Chief Media Analyst, Ahmed Dikko, yarn say di introduction of di new policy dey necessary following di consistent devaluation of di Naira and di introduction of a new Naira Policy, wey automatically activate Section 1 of di Money Laundering Prohibition Act.
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