Tuesday, 22 November 2016

We will go against any move to jail Nigerians for keeping foreign currencies at homes -CBN Governorreign



The Governor,Central Bank of Nigeria (CBN), Godwin Emefiele, has said CBN will resist any   review of the country’s laws seeking to enact a law to jail Nigerians keeping foreign currencies in their houses.

Premium Times reports the governor saying “There is nothing in the current or extant foreign currency regulations that says people should be jailed, or their foreign currencies confiscated. I advise people to stop listening to rumour mongers and go about their normal businesses.”

Despite the fact that he stated the bank was once conscious the Nigerian regulation Reform commission was once because a overview of the exchange rules, as part of its routine duties, he mentioned the CBN was once yet to be instructed of the extent of the undertaking.

 “The CBN has now not been contacted by using the commission. But, whether or not or not it does, i am announcing here categorically that if we are contacted, or every time it turns into an hassle for dialogue, we will propose in opposition to a clause that forbids people from preserving their dollars, if they imsist  to, We will  oppose any regulation that says humans must be jailed for maintaining overseas currencies,”Mr Emefele stated.




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