AMMBAN Petitions Buhari, NASS over CBN Policy on Cash Withdrawal Limit

The group who petitioned President Muhammadu Buhari and the National Assembly over the planned policy, called for suspension of the policy to save 1.4million bank agents from losing their means of livelihood.

The POS operators in a petition written under the aegis of Association of Mobile Money and Bank Agents in Nigeria ( AMMBAN) and dated 16th December , 2022, specifically requested an upward review of the maximum withdrawal limit to N500, 000 weekly for individuals and N3m for corporate organisations.