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Anambra State Governor, Chukwuma Soludo, speaking at APGA NEC meeting after his appointment as the party's national leaderThe 36 governors in Nigeria have resolved to set up a six-member committee led by the Anambra State, Governor Charles Soludo, to engage the Central Bank of Nigeria in addressing issues pertaining to the country’s monetary management and financial system.
The NGF in a communiqué issued on Saturday signed by the its chairman, the Sokoto State Governor Aminu Tambuwal, noted that the recent NFIU advisory and guidelines on cash transactions were outside the NFIU’s legal remit and mandate. Following pressure from Nigerians and lawmakers, the CBN revealed a revised upward in its cash withdrawal limit, saying individuals can now withdraw N500,000 cash weekly while corporate firms can withdraw up to N5 million cash across all channels comprising Automated Teller Machines and Point Of Sale terminals.The NGF said the CBN governor, Mr Godwin Emefiele, briefed it on the naira redesign, its economic and security implications, including the new withdrawal policy.
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