Cash withdrawal limit: House of Reps demand investigation into Naira scarcity

  • Amid economic hardship, Nigerians battle with naira scarcity ahead of the Christmas and New Year celebrations
  • The House of Representatives has expressed concern over the persistent cash shortage in commercial banks nationwide
  • The House in a fresh motion, urged the Central Bank to act swiftly to ease the hardship caused by the shortage of naira

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

Amid a severe cash crunch, the Nigerian House of Representatives has demanded an investigation into commercial banks and point-of-sale (PoS) operators, urging the Central Bank of Nigeria (CBN) to urgently address the growing naira scarcity.