Senate Postpones Debate On CBN Withdrawal Limits

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.

A member of the Committee, Senator Olubunmi Adetumbi, in a Point of Order told his colleagues that the report which was to be presented at Tuesday’s plenary had to be withheld because Sani is away APC 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.