C.B.N Withdrawal Limits: Senate Postpones Debate

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The Senate has postponed its debate on the cash withdrawal policy by the Central Bank of Nigeria (CBN) till Wednesday, December 14, 2022.

This is because of the absence of the Chairman of the Committee on Banking and Finance, Senator Uba Sani, who is away attending the All Progressives Congress (APC) presidential rally in Kaduna.

Responding, Senate President Ahmad Lawan, appealed to lawmakers to be patient as the findings of the Committee will be unveiled within 24 hours. Uba is also expected to brief his colleagues on the outcome of the screening of Edward Adamu and Aisha Ahmad as deputy governors of the CBN.

However, another lawmaker, Senator Muhammed Bulkachuwa warned that the Senate should not sweep the issue under the carpet because of the significance of the policy.