The Central Bank of Nigeria (CBN) says it has not stopped the
allocation and sale of Foreign Exchange for purposes of payment
of school fees and settlement of medical bills overseas.
allocation and sale of Foreign Exchange for purposes of payment
of school fees and settlement of medical bills overseas.
In a statement by its spokesman, Ibrahim Mu’azu, the Bank urged
Nigerians to disregard any contrary information.
Nigerians to disregard any contrary information.
The apex bank claimed that despite assurances it had given, some
persons had continued to suggest that the Bank had stopped the
allocation of Foreign Exchange to Nigerians seeking to pay school fees
and medical bills overseas.
persons had continued to suggest that the Bank had stopped the
allocation of Foreign Exchange to Nigerians seeking to pay school fees
and medical bills overseas.
It further urged Nigerians to discountenance such misinformation.
The CBN also urged all genuine users desiring to obtain foreign
exchange for payment of school fees and settlement of medical
bills abroad to approach their banks with their requests
and appropriate documentation.
exchange for payment of school fees and settlement of medical
bills abroad to approach their banks with their requests
and appropriate documentation.
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