Cash withdrawal limit: Arewa, Middle Belt youths back CBN - NEWS FRONTIER DAILY


Thursday, December 8, 2022

Cash withdrawal limit: Arewa, Middle Belt youths back CBN

Northern and Middle Belt youth leaders have endorsed the new policy of the Central Bank of Nigeria (CBN) on the new cash withdrawal limits for banks and financial institutions.

The groups expressed the conviction that the policy will help the nation to achieve credible elections in 2023, economic growth and aid the anti-corruption fight.

The Northern youth leaders who gathered in Abuja under the auspices of Arewa Consultative Youth Movement and Middle Belt Youth Forum were led by the Co-Convener, Comrade Godwin Meliga.

In a communiqué released to journalists after the meeting, Meliga hailed president Muhammadu Buhari and the CBN governor, Godwin Emefiele for the new policy.

The communiqué read, “We are glad to inform Nigerians and friends of the nation that Arewa and Middle Belt youths have endorsed this new well thought-out policy of the CBN.

“We have no doubt that the new policy will help the nation achieve credible election and economic growth as well as aid the fight against corruption.

“In endorsing this policy, we are mindful of the fact that politicians who specialize in vote buying are mobilizing and plotting day and night to discredit President Muhammadu Buhari and the CBN Governor, Godwin Emefiele, over the policy.

“But Northern and Middle Belt Youths are hailing Buhari and Emefiele because we know and believe that the policy was formulated in public interest.

“In the long run, it is clear that this policy will fight vote buying and money laundering and expectedly, the corrupt ones among us will not like it to succeed.

“We therefore call on Nigerians to be wary of those who are bent at ensuring that they stop the policy for their selfish interest.

“As youths, we are watching. We will not hesitate to name and shame those who have resolved to stop the policy by all means.”

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