CBN Governor Emefiele

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has apologised to bank customers for the inconveniences the newly introduced cashless policy will cause.

Eye9ja reports that that the CBN governor rendered the apology at the end of the Monetary Policy Committee (MPC) meeting in Abuja, Nigeria’s capital on Friday.

He made this known while reacting to a question seeking his response on the push back from Nigerians over the return of charges on deposits and withdrawals beyond a certain threshold.

According to CBN governor: “I sympathize and regret inconvenience cashless policy will cause bank customers.”

The CBN governor maintained that despite the apology, the CBN cashless policy will progress as announced and gave reasons why it will continue.

Emefiele also spoke on the controversial judgment debt of $9.6 billion awarded to P&ID, saying that “by the grace of God there is no threat to the reserves…..and we have received presidential approval that those indicted should be prosecuted.”

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