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House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit (30369 Views)

Stop Payment To MDA's Till Further Notice, Tinubu Orders CBN / Naira Redesign: Banks’ Cash Withdrawal Limit Is Illegal – Supreme Court / House Of Representatives Orders CBN To Suspend Cashless Policy (2) (3) (4)

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Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Babastrong(m): 5:18pm On Dec 08, 2022
[quote author=Enemyofpeace post=119003466]As e no favour them and their friends. Awon were!




200k for the winner .
What was the name of the bread Jesus used to feed 5000 people in the Bible � ?[ It's bugan. Lol.]
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by eebraa(m): 5:19pm On Dec 08, 2022
They have plan to buy votes in 2023 that's why they are against this policy. This policy doesn't stop you from doing your business transactions. It just has to be online!! We must adopt the cashless policy by fire by force

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by delpee(f): 5:19pm On Dec 08, 2022
Do they have the power to do that?
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by GboyegaD(m): 5:19pm On Dec 08, 2022
Righteousness2:
They know what they are doing.
It's all about the drive towards a Globalist Central bank Digital Currency. (CBDC)
Unfortunately over 70% of Nigerians know little or nothing about these things.

They are testing the ground to see reactions towards a Globalist CBDC.
Over a 100 Nations in the world are test running same right now.
Great reset/New world Order things.

Very soon it will be Enforced.
If you know you know.

Please mention 5 of these countries.
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Babastrong(m): 5:21pm On Dec 08, 2022
[quote author=Bluntguy post=119001877]
They are both more sensible than Tinubu and you urchins.[ Kikiikiki. Sensible man in dss custody. May your sense takes you to where nnamdi kanu is now.]
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Enumerator(m): 5:21pm On Dec 08, 2022
cheesy
dawnomike:
I agree to the fact that it will affect we Nigerians. But, it should not be reversed till after the election
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by ello29(m): 5:21pm On Dec 08, 2022
oshozondii:


https://community.thenationonlineng.net/forum/breaking-house-of-reps-orders-cbn-to-suspend-new-cash-withdrawal-?xg_source=twitter

It's a good policy and in no way affect start up or small businesses. CBN WILL HAVE SET 10 AND 30K
EVERYBODY GO CASHLESS AND LIMIT THE PHYSICAL CASH CIRCULATION. PEOPLE SHOULD MAKE USE OF THE E NAIRA WALLETS
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by id911(m): 5:22pm On Dec 08, 2022
delpee:
Do they have the power to do that?

Nope, CBN is autonomous.
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by daygee12: 5:23pm On Dec 08, 2022
Righteousness2:
They know what they are doing.
It's all about the drive towards a Globalist Central bank Digital Currency. (CBDC)
Unfortunately over 70% of Nigerians know little or nothing about these things.

They are testing the ground to see reactions towards a Globalist CBDC.
Over a 100 Nations in the world are test running same right now.
Great reset/New world Order things.

Very soon it will be Enforced.
If you know you know.

U are too backward
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Mckandre(m): 5:24pm On Dec 08, 2022
I agree with CBN, 20k per day is good for groceries, if u must purchase something above that amount ;traceable means like bank transfer should be used in such purchases incase of anything that arises afterwards. I stand with CBN gidigba,this will only affects criminals and money launderers.

3 Likes

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by famouscargo4u: 5:25pm On Dec 08, 2022
bjdon:
They have no power to do that, unless they amend the relvevant legeslation that gives CBN autonomy in monetry affairs

Ṣee you, they have the power to overrule CBN actions

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Righteousness2(m): 5:27pm On Dec 08, 2022
GboyegaD:


Please mention 5 of these countries.
Canada, Australia, India, Brazil, USA, China, etc
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by BlackMan6969(m): 5:27pm On Dec 08, 2022
Mrp44:
POS operators would cash out big time
How would they, when they only have 20k to sell?

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Ofadaman(m): 5:28pm On Dec 08, 2022
LoL the weyrey don't know how to take their money out of the bank again, bastard theives

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Nobody: 5:28pm On Dec 08, 2022
BeardGangJnr1:
Nigeria is honestly not ripe for such policy,
We have a very poor network.... imagine doing transfer and the money Hangs....
The literacy rate in Niagara is so poor...many pipo (Market women to be precise) can't be able to execute a transfer using Mobil banking app or ussd.

No one is born literate.
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by RestructureNig3: 5:29pm On Dec 08, 2022
caduli:
grin

If you know you know

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Handsum64: 5:29pm On Dec 08, 2022
Interest of the masses indeed
Criminals
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Cmanforall: 5:31pm On Dec 08, 2022
Okoroawusa:
This lawmakers no sabi law o! You can only summon the CBN governor but you can't suspend anything. The CBN is an autonomous entity.
Check the credible of people there as 'lawmakers'

Some of them are law breakers
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by NaijaCover(m): 5:32pm On Dec 08, 2022
Hmmmmm
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by BeardGangJnr1(m): 5:33pm On Dec 08, 2022
RenerdLiam:


No one is born literate.
No one is disputing that,
Imagine I'm supposed to pay school fees of let say 120k via remitta
And I need to print receipt and other stuff... which is provided in the bank....tell me how will that be possible

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by victooman: 5:33pm On Dec 08, 2022
eebraa:
They have plan to buy votes in 2023 that's why they are against this policy. This policy doesn't stop you from doing your business transactions. It just has to be online!! We must adopt the cashless policy by fire by force
you are a stupid fool l swear,, you think Nigeria start and ends in ur locality? a very poor and useless policy that will cripple a lot of Businesses and send a lot of people into abject poverty is what u are supporting because u are against tinubu presidency,,, l am a stunt Obi supporter but l dont see anyway this policy will affect the elite,, we are not ripe for this cashless policy,, stop comparing us with uk and other developed countries,,, tinubu will even pay more than 10 percent charge if he want to buy votes,, some of u are too local and occupy with ur environment that u dont even understand the level of illiteracy and poor Network provider in this country,, Nigerians are suffering,, most people controlling this small businesses u want to eradicate are poor hopeless graduates ur country fail in all spheres,,think about them when coming online to spit trash.

5 Likes 2 Shares

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by justmondris: 5:34pm On Dec 08, 2022
They are clueless. I support the policy.
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Bobbiee: 5:36pm On Dec 08, 2022
It's only crooks that are against this

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by sukar886: 5:37pm On Dec 08, 2022
Criminals ,it won't work, I support buhari for this one .. una go hear am

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by ATEAMS: 5:37pm On Dec 08, 2022
Piiiipull will start selling money... On code

1 Like

Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by franugo(m): 5:38pm On Dec 08, 2022
Righteousness2:
They know what they are doing.
It's all about the drive towards a Globalist Central bank Digital Currency. (CBDC)
Unfortunately over 70% of Nigerians know little or nothing about these things.

They are testing the ground to see reactions towards a Globalist CBDC.
Over a 100 Nations in the world are test running same right now.
Great reset/New world Order things.

Very soon it will be Enforced.
If you know you know.

You really need to get more sense bro
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Pootle: 5:40pm On Dec 08, 2022
PotatoSalad:

You're an overgrown idiot.
Please face your religion and leave financial matters for the experts.
Abi when it's enforced, you'd stick to cowries and trade by barter?
Don't be foolish

grin grin grin abeg leave NL resident clergyman o grin grin grin
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Nobody: 5:42pm On Dec 08, 2022
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by symbianDON(m): 5:43pm On Dec 08, 2022
Mrfixiit:
20k withdrawal limit is too small. 50k should have been better
still too small. What's the value of 50k today
Re: House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit by Funmiking(m): 5:43pm On Dec 08, 2022
Writer01:
So if I have 50k there na and I won't to use it for my important stuff this is the story they will be saying, you are not sure

And" contact me for your academic assignment WhatsApp me



This is why you should have more than one bank account in different banks, where you can easily spread out your withdrawal.

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