Ben Murray Reacts to CBN Decision to Ban Nigerians from Using ATM

Senator Ben Murray Bruce has reacted to the
Central Bank of Nigeria’s decision to ban Nigerians
from using their debit and credit cards abroad.
Reports about the planned ban came to light few
days ago when BBC quoted a source as saying
that the CBN will from January 1st 2016 stop
foreign purchase via the use of credit or debit card.
The decision is reportedly part of the government’s
effort to try to stem the flow of foreign exchange
out of the country.
The CBN has also reportedly written to various
commercial banks about this decision while some
banks have also notified their customers, saying it
is a temporary measure. Sen. Ben Murray-Bruce
however thinks this decision is not a wise one. His
reaction after the cut…

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