Nigerian govt issues nine-month ultimatum to those keeping dollars outside banking system

The Federal Government has issued a nine-month ultimatum to individuals keeping dollars outside the banking system.

If brought in now, the Nigerian government assured that there will be no penalty; there will be no taxes, and there will be no questions regarding the lodgement provided they are not proceeds of crimes

The Finance Minister and Coordinating Minister of the Economy, Wale Edun made this known while briefing journalists on Thursday after the National Economic Council (NEC) meeting in Abuja.