CBN Governor, Godwin Emefiele, Apologises To Nigerians, Shakes The Entire Nation, Today

By Post-Nigeria: September 20, 2019 18:05

CBN Governor, Godwin Emefiele, Apologises To Nigerians, Shakes The Entire Nation, Today

The Central Bank of Nigeria, CBN, has apologised to Bank customers, for the inconveniences the newly introduced cashless policy will cause.

The CBN Governor, Godwin Emefiele, rendered the apology at the end of the Monetary Policy Committee, MPC, meeting, in Abuja, when he was asked for his reaction to the push back from Nigerians, over the return of charges on deposits and withdrawals beyond certain threshold.

According to him: “I sympathise and regret the inconveniences the cashless policy will cause Bank customers.”
Despite the apology, he insisted that the policy will progress as announced, and gave reasons why it will continue.

Speaking on the controversial judgement debt of $9.6 billion, awarded to P&ID, the CBN Governor maintained that, “by the grace of God, there is no treat to the reserves… and we have received Presidential approval that those indicted should be prosecuted”.
At the end of the meeting, the MPC retained interest rates at 13.5 percent, as well as other parameters.