National Association of Nigerian Students (NANS) has joined the long list of Nigerian stakeholders that have condemned the new cashless policy championed by the Central Bank of Nigeria (CBN).
It described the policy as “insensitive and anti-people” policy designed to inflict more pain and hardship on Nigerians. It thus urged the CBN to suspend the policy within 72 hours or face unfriendly mass action from Nigerian students.
NANS President leadership in a letter dated September 23, 2019, and addressed to CBN Governor, Godwin Emefiele, said the new policy has heightened concerns and palpable fears amongst Nigerians as it affects charges on deposits and withdrawals above N500,000 and N3 million on individual and corporate accounts respectively.
They said they was disappointed with CBN for not realising the unbearable economic condition of Nigerians and consistent collapse of businesses due to unhealthy attitude of financial institutions.
The Government of Equatorial Guinea has restricted citizens from using mobile data to download and…
The Federal High Court in Abuja dismissed the case against individuals charged in connection with…
The member representing Oju/Obi Federal Constituency and Deputy Chairman of the House Committee on Army,…
The Sokoto State Government has raised alarms about the emergence of a new terrorist group…
The Federal Ministry of Education has formally addressed the suspension of Prof. Innocent A.O. Ujah…
Residents of Ukwonyo community in the Ufia axis of Ado Local Government Area, Benue State,…
