The House resolved to mandate the committee on banking to investigate the policy and report to the House in four weeks.
The decision followed a motion of urgent public importance moved by BENJAMIN KALU.
The Central Bank of Nigeria had directed that cash deposits and withdrawals from individual bank accounts are to attract addition charges.
In a circular to all deposit money bank, the Director, Payments System Management Department at the CBN, SAM OKOJERE, said henceforth three percent processing fees would be paid for withdrawals and two percent for deposits of amounts above five hundred thousand naira for individual accounts.
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