CBN May Suspend The Cashless Policy – Reps

The cashless policy move made by the apex bank of Nigeria has suffered a setback following the stance of the lawmakers.

 House of Representatives
The House of Representatives has asked the Central Bank of Nigeria to suspend the planned cashless policy.
The House resolved to mandate the committee on banking to investigate the policy and report to the House in 4 weeks.
The decision followed a motion of urgent public importance moved by Benjamin Kalu.