Can you feel the change happening? US dollar and Foreign currencies now available at banks at the official exchange rate of 197 to a dollar, etc. Yes, just show them your VISA and Flight Ticket and you'll get yours, easy.

BTA is $5,000 while PTA is $4,000 quarterly. You have your quarterly allocation and should you need to travel again within the period under review, you still have the remainder waiting for you (Except for Pilgrim and Hajj customers of course).

Do not forget that students can still make payments to schools in foreign currency using their domiciliary accounts.

Trust me, the reforms are happening. This is change!

Good development.

With a clause i guess

more xplanation,pls...

interesting

eluquenson:
With a clause i guess

Without the clause, the system will be bastardized. I even heard that people were rushing to neighboring countries to go and get visa stamped on their passports so they can come and exploit the system. You'll see people process dubai visas for the soul purpose of collecting dollars from banks

If only this kind of policy was available during GEJ's time, I wonder how political criminals would've laundered their loots. They would've had such currencies in the local money inside their houses, with fear that currency would change gradually and they'll be caught coming to exchange it, lol

socialmediaman:
If only this kind of policy was available during GEJ's time, I wonder how political criminals would've laundered their loots. They would've had such currencies in the local money inside their houses, with fear that currency would change gradually and they'll be caught coming to exchange it, lol

.now that GEJ has gonewhat will happen?

IbokUtoroh:

The change is happening in any case. They'll now have such money remain in Their houses till either armed gangs visit and have a taste of it or EFCC and other agencies catch wind of it eventually. They better take the offer from corruption advisory committee and return those, naija is no longer safe haven

nice policy.