Dr Okwara Udensi, MAN Chairman, Edo/Delta chapter, made the appeal during an interview with the News Agency of Nigeria in Benin on Friday.
“The banks should keep to their own obligations, we don’t want situations where the banks will hoard the foreign currencies and say they are yet to receive supply from the CBN,” he said. Emefiele made the disclosure while briefing journalists at the end of a two-day meeting of the Monetary Policy Committee in Abuja on Tuesday.
The CBN said that given the rent-seeking behaviour of the BDCs, the MPC decided with immediate effect to discontinue the sale of FX to the BDCs and allow the CBN to no longer process or issue new licences for BDC operations in the country.
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