The House of Representatives on Thursday has directed the Central Bank of Nigeria to suspend all move on the new charges placed on Nigerians under its new cashless policy, with immediate effect.
Central Bank of Nigeria had announced an increase in charges on withdrawals and deposits exceeding N500,000, however, in a plenary session, the Lower House ordered the apex bank to suspend the policy until appropriate consultations have been concluded.
This move was affirmed and confirmed via a series of tweets on the official Twitter handle of the House of Representatives.
The tweets read:
https://twitter.com/NGRSpeaker
