The governor of Adamawa, Ahmadu Fintiri, has claimed that the political class is the target of the Central Bank of Nigeria’s (CBN) new cash withdrawal limit policy.
The CBN set restrictions on weekly cash withdrawals for both private citizens and businesses on Tuesday.
The new rule, which CBN claims would go into effect on January 9, 2023, aims to lessen the amount of actual currency that is in circulation and promote more electronic-based transactions.
However, Fintiri stated that it was obvious that Emefiele’s strategy was directed at the political elite when appearing at a campaign event in the state’s Kala’a, Hong local government area on Friday.
The governor also said having lost out in his bid to join the political class, Emefiele chose to hunt politicians.
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“What is breeding poverty? Economic policies. Look at the one that is about to be implemented by the Central Bank which would further throw the country…
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