ACF counsels CBN to review cash withdrawal restrictions


The Arewa Consultative Forum (ACF) has said while it was in full support of the recent cashless monetary policy introduced by the Central Bank of Nigeria (CBN), it counselled the apex body to review the cash withdrawal restrictions.

It said the advice became necessary in view of the fact that the many people still carry out trade with cash.

Thus, ACF noted that it is afraid the consequences of implementing the new policy might have a reverse effect on the economy..

This was contained in a statement issued by the Secretary of General of the forum, Murtala Aliyu and made available to newsmen in Kaduna on Friday.

ACF noted that the decision by the Central Bank of Nigeria, CBN, to…

Source: Nigerian Tribune