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CBN says Banks are sabotaging it forex policy

The Central Bank of Nigeria goes tough against commercial banks sabotaging Federal government forex policy. This was disclosed by the Director of Corporate Communications, CBN who advised the general public that CBN is providing dollars for 100 percent of genuine applications for PTA/BTA, Medical and Tuition for customers of all Banks. But some banks are still claiming that they don’t have dollars. Consequently, CBN is sternly looking at recent actions of the related Banks as potential economic sabotage.

CBN has asked Nigerians that anyone who has submitted application through any Bank branch and if within 24 hrs does not get allocation for PTA or BTA and 48hrs for Medical and Tuition pls contact CBN Consumer Protection Department through the details below providing name of Bank and branch..

Phone: 07002255226

Email: cpd@cbn.gov.ng

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