Reps urge CBN to suspend increase in ATM withdrawal charges

The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend its directive increasing ATM withdrawal charges.

This resolution resulted from a motion on urgent national importance moved by Marcus Onobun representing (Esan Central/West/Igueben Federal Constituency of Edo State on Tuesday.

Mr Onobun said that additional ATM withdrawal charges would further limit Nigerians’ financial inclusion by discouraging low-income earners from accessing banking services.

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