In
a statement released on its website today, the Central Bank of Nigeria
CBN, has asked Nigerians seeking to buy forex for BTA, PTA, medical and
school fees but are being frustrated by any bank, to call this number
07002255226 to report such bank.
customers have complained that since the apex bank issued a directive
that banks should sell forex at N360/$1 to its customers (Read here),
some of the banks have refused their request for FOREX, saying they do
not have enough foreign exchange. CBN says this is a lie as the banks
have been adequately supplied with forex. Read the statement below
Information reaching the Central Bank of Nigeria (CBN) reveals that
some customers seeking to buy forex for BTA, PTA, medical and
school fees are being frustrated by some banks with the false claim
that the CBN is not allocating enough forex to them for BTA, PTA,
Tuition and Medical fees.
This claim is totally untrue. All banks have more than enough stock of
forex in their possession for the purpose of meeting genuine
customers’ demand for BTA, PTA, tuition and medical fees.
Indeed,
on a weekly basis, the CBN has been selling at least $80m to banks
for onward sale to their customers for these invisible items.
Members of the public seeking to buy forex for the above-mentioned
purposes are, therefore, advised to go to their banks and obtain their
forex.
Any customer who is not attended to within 24 hours for
BTA/PTA or 48 hours for tuition and medical fees should call
07002255226 or send an email to cpd@cbn.gov.ng, with the name
and branch of the non-cooperating bank.
Furthermore, no customer should accept to buy forex from any bank
at more than the CURRENTLY prescribed rate of N360/$1.
360L
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