Ban on cash withdrawals from public accounts not to fight Govs – NFIU

The NFIU, made this known in a statement at the weekend by its Chief Media Analyst, Ahmed Dikko, hours after the Nigerian Governors’ Forum (NGF) faulted the January 5, 2023 announcement by the NFIU, directing banks to stop executing demands for cash from public accounts from March 1, 2023.

“The recent NFIU Advisory and Guidelines on cash transactions were simply outside the NFIU’s legal remit and mandate,” Governor Aminu Tambuwal-led NGF said in a statement.