Forex crisis: FG gives Nigerians 9 months to deposit dollars in bank

Forex crisis: FG gives Nigerians 9 months to deposit dollars in bank …C0NTINUE READING HERE >>>

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed a new government policy that would permit Nigerians who currently hold dollars outside the formal banking system to bring those funds into the financial system.

Edun said such individuals have a nine-month grace period to comply with the directive without attracting legal liability or financial penalties.

The Finance Minister spoke after the National Economic Council meeting, chaired by…

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