The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Featured

No Going Back On Cash Withdrawal Limits, NFIU Tells Govs

Next Edition by Next Edition
January 22, 2023
in Featured
No Going Back On Cash Withdrawal Limits, NFIU Tells Govs
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Nigerian Financial Intelligence Unit has said it will not reverse the cash withdrawal limit guidelines it issued earlier this month regarding financial operations of the three tiers of government in Nigeria.

The NFIU issued the statement in reaction to its meeting with the governors of the 36 states of the federation who had sought its understanding to reconsider or tinker with the cash withdrawal guidelines.

You might also like

Sallah: Sultan Tasks Leaders On Unity, Commitment To Nigeria’s Challenges

Uwais: Nigeria Lost a Phenomenal Jurist – Tinubu

A’Ibom: Gov. Eno Finally Dumps PDP, Joins APC

The Nigeria Governors’ Forum (NGF) had faulted the recent directive by the NFIU directing banks from executing demands for cash withdrawals from all public accounts.

READ ALSO: Police Rescue 2 Of 6 Pupils Abducted In Nasarawa State

The NFIU, on January 5, directed banks in the country to stop executing demands for cash from public accounts, as well as payment of estacodes and travelling allowances, effective March 1, 2023.

But in a statement signed by its chief media analyst, Ahmed Dikko, the NFIU stated that  it had given enough time for all entities in the country to withdraw cash above the approved daily limit and it was no longer in the interest of the country and its citizens to continue to indulge in such violation.

According to the statement,  the director of the NFIU, Modibbo Hamman Tukur, had said at the end of his meeting with the governors that the agency was, however, ready to cooperate with the six-man committee set up to work with it.

Modibbo said, “We acted within our functions and the law. We issued the guidelines to control the barrage of investigations we saw coming. Our guidelines are meant to help the governors not to fight them or any public servant.” (Daily Trust)

Tags: Bankfinancefinancial intelligencenaira redesign
Next Edition

Next Edition

Recommended For You

Muslims’ll Not Be Provoked To Take Up Arms – Sultan

Sallah: Sultan Tasks Leaders On Unity, Commitment To Nigeria’s Challenges

    The Sultan of Sokoto and President-General of the Nigeria Supreme Council for Islamic Affairs (NSCIA), Alhaji Sa’ad Abubakar, has called on Nigerian leaders to unite and...

Alt="President Bola Ahmed TINUBU"

Uwais: Nigeria Lost a Phenomenal Jurist – Tinubu

    President Bola Tinubu said Justice Mohammed Uwais, former Chief Justice of Nigeria, who died on Friday at 89, was a phenomenal jurist and statesman who served...

PDP Governors Celebrate Gov. Eno @ 60

A’Ibom: Gov. Eno Finally Dumps PDP, Joins APC

  Gov. Umo Eno of Akwa Ibom on Friday finally dumped the Peoples Democratic Party (PDP) and joined the All Progressives Congress (APC). Eno, speaking at the banquet...

Northern Group Seeks Senators’ Support For Akpabio

Sallah: Akpabio Celebrates With Muslims, Urges Peace, Patience

  As Muslims across Nigeria and around the world celebrate the joyous occasion of Eid-ul-Adha, President of the Senate, Senator Godswill Akpabio, GCON, has extended his warm felicitations...

Next Post
2023 Elections: More Women In Politics Key To Peace Building – Jerusalem Dep. Mayor

2023 Elections: More Women In Politics Key To Peace Building – Jerusalem Dep. Mayor




Related News

Mali: Mass grave discovered as security crisis deepens

Mali: Mass grave discovered as security crisis deepens

Our Govt Will Serve Lagosians, Sanwo-Olu Assures

Our Govt Will Serve Lagosians, Sanwo-Olu Assures

At last, the Nigeria Police Force on Thursday carried out its “further” probe of the Senate President, Bukola Saraki, over his alleged involvement on April 5, Offa, Kwara State robbery incident. The interrogation was, however, not held in any of the offices of the police force, but in the office of the Senate President at the Senate. This was made known by Saraki’s media aide, Olu W. Onemola, on his twitter handle, @OnemolaOlu. He said during the probe, Saraki reiterated his earlier statement that he had nothing to do with the robbery incident. The tweet reads: “Further to the invitation to the Senate President, Dr. Abubakar Bukola Saraki, by the Police on July 23, 2018, and his written response to them on July 24, 2018 on why he could not see them that day — today at about 1:40pm, the Senate President met with a team of investigators on the Offa Robbery case in his office. “Dr. Saraki used the opportunity to reiterate the fact that he has nothing to do with either the robbery incident on April 5, 2018, or any other criminal activity.” It would be recalled the Saraki had expressed apprehension over his safety in the custody of the police where he had been invited. The Inspector General of Police, Ibrahim Idris, had on Monday, sent a letter to Saraki to appear before the police 8.00 a.m. on Tuesday. But in a reply dated July 24, Saraki said the police personnel who needed further clarification on the alleged role he played in the robbery case should rather visit his office. The Senate President said his concern over his security was based on the harassment and threat which he suffered on Tuesday when police allegedly laid siege to his house in Abuja. He said in addition, President Muhammadu Buhari had directed that as a respect for the Office of the Senate President, in case of any request for further information, the necessary personnel should be sent to his office or that a written response should be obtained from him. Saraki’s letter reads in part: “As you are aware, the Deputy President of the Senate was unable to leave his residence this morning to preside over the Senate having been prevented from doing so by security agents. If he had been able to preside over the Senate, I would have honoured your invitation. “The absence of both presiding officers would have voided the sitting of the Senate. This would have been damaging to national interest, particularly in the light of very important legislative matters that needed to be addressed in view of the imminent recess of the National Assembly. “These included consideration of the Electoral Bill which was incidentally passed today. You will recall that Mr President had earlier directed as a courtesy to this office that in the event of any request for further information from me, you should either send your personnel to my office or obtain a written response from me. “I need to place on record as well, that following the incident of being harassed and threatened at my residence by the police early this morning, I’m deeply concerned over my physical security. I request you therefore, to please assign your personnel who need information on this matter to meet me in my office immediately after plenary, today or tomorrow or at any other day at your convenience.”

Offa robbery: Police grill Saraki in his office




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited