By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SpeedUp9ja
  • Home
  • Music
  • Video
  • News
  • Health
  • World
  • Nigeria
  • Politics
  • Entertainment
Reading: CBN cash withdrawal limit will help economy, Masari say
Share
Sign In
Notification Show More
Latest News
Aslay – Inauma (Music)
Hip-Hop
King Perryy – On God (Music)
Music
Jinmi Abduls – Saro (Music)
Music
Praiz – Mission (Music)
Music
D Jay – Morning Stress (Music)
Hip-Hop
SpeedUp9ja
  • Music
  • Nigeria
  • Entertainment
  • Contact Us
  • Hip-Hop
  • Politics
Search
  • Categories
  • Entertainment
  • Music
  • News
  • Video
  • Bussiness
  • Africa
  • Politics
  • Nigeria
  • World
  • Health
  • Insider
Have an existing account? Sign In
Follow US
Copyright © 2022 SpeedUp9ja. All right reserved
- Advertisement -

CBN cash withdrawal limit will help economy, Masari say

Aminu Masari, on Saturday voiced support for the Central Bank’s policy limiting daily cash withdrawal saying “it will help the economy.”

Last updated: December 10, 2022 at 10:00 PM
By SU9 staff 2 months ago Add a Comment
Share
Governor Aminu Masari of Katsina StateGETTY IMAGES
SHARE
- Advertisement -

Amidst resistance by lawmakers and some economic experts, the Governor of Katsina state, Aminu Masari, on Saturday voiced support for the Central Bank’s policy limiting daily cash withdrawal saying “it will help the economy.”

Masari spoke to journalists after a meeting with the President, Major General Muhammadu Buhari (retd.), in his hometown of Daura.

More Read

Peter Obi visits Southern Borno
2023 elections: Peter Obi Pay surprise visit to Southern Borno
Atiku backs US visa ban on election riggers 
Prof Ikonne: Abia PDP can conduct fresh primary, INEC say

Asked why state governors have remained mute about the policy, Governor Masari said, “What is wrong with it except one who stockpiles millions in his house and is afraid to bring it.

“It will help the economy. Now, all the money has not been in the banking sector. The central bank governor said that they have mopped over one trillion naira into the banking sector which was stashed in soakaways and other places.

“We believe that by the end of the transition to the new currency, the remaining trillion will be back in the banking sector. I think it is very good for the economy.”

- Advertisement -

Masari said he visited Buhari “to find out how he is coping with his two or three-day holiday here in his hometown in Daura, Katsina State. So it’s essentially a private visit.”

The former speaker of the House of Representatives boasted that the All Progressives Congress will have more votes than ever because they have worked and empowered Nigerians.

He said “Well, I think it will expect more votes for APC here in Katsina state. APC has performed well at the national, state and local government. We have done well in Katsina sSate, we have been able to touch the lives of millions of people in Katsina State, we have been able to have a presence in all the 361 wards of the state and the social intervention has cut across all of Daura.

- Advertisement -

“You have seen the Federal Government’s presence in terms of the federal university, in terms of zonal hospital, in terms of federal polytechnic and many projects of urban renewal, urban development here in Daura and the surrounding communities.

“So APC has delivered in Katsina State and certainly come 2023 elections, Katsina State will be for APC.”

- Advertisement -

On security in the state, the governor said, “We are making considerable progress. The president has given marching orders for security agencies and we at the state government level have been providing all the logistics needed as much as we can to the members of the security agencies.

“So from the report I have last week, there was a drastic drop in terms of kidnapping and cattle rustling. Luckily enough, what we are having now is mainly kidnapping and some rustling of animals.”

He revealed that although the military had covered considerable grounds, a few bandit enclaves still exists in the state.

“We don’t have the kind of bandits attacks we use to have. So we are progressing but we are seeing some remnants, they are not Boko Haram but islamists from other West African countries in one or two local governments and we are dealing with the situation,” he said.

You Might Also Like

2023 elections: Peter Obi Pay surprise visit to Southern Borno

Atiku backs US visa ban on election riggers 

Prof Ikonne: Abia PDP can conduct fresh primary, INEC say

Prof Ikonne: Obi mourns PDP governorship candidate, postpones presidentially rally

Prof Uche Ikonne: Atiku grief over death of Abia PDP candidate

- Advertisement -
TAGGED: Aminu Masari, cbn

Sign Up For Daily Updates

Stay Updated! Get the latest breaking News & New Music delivered straight to your inbox for free.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
SU9 staff December 10, 2022
Share this Article
Facebook Twitter Whatsapp Whatsapp Reddit Email Copy Link
Previous Article FG must address rights violations to curb ‘Japa’ – IHRC
Next Article Delta win National Sports Festival
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Recent

Aslay – Inauma (Music)
Hip-Hop
King Perryy – On God (Music)
Music
Jinmi Abduls – Saro (Music)
Music
Praiz – Mission (Music)
Music

Follow Our Social medias

230k Followers Like
4.7k Followers Follow
28.3k Subscribers Subscribe

Recommended for you

Peter Obi visits Southern Borno

2023 elections: Peter Obi Pay surprise visit to Southern Borno

Atiku backs US visa ban on election riggers 

Atiku backs US visa ban on election riggers 

Ikpeazu suspends PDP campaign over gov candidate’s death

Prof Ikonne: Abia PDP can conduct fresh primary, INEC say

Ikpeazu mourns late Abia PDP gov candidate

Prof Ikonne: Obi mourns PDP governorship candidate, postpones presidentially rally

- Advertisement -

Trending Today 🔥

Twitter leak exposes 235 million email addresses from hack

PDP declares work-free day for Atiku’s Anambra visit

Inspector General of Police, Usman Baba

Nigeria Police launches official website for stolen cars report

Shoppers are pictured at a supermarket in Urumqi, in China's northwestern Xinjiang region, following the easing of Covid-19 restrictions in the city, Dec. 5, 2022.

China loosens COVID restrictions after protests rock the country

Boeing's last 747 rolled off the assembly line.

End of an era as final Boeing 747 rolls off assembly line

D’banj Name govt officials involved, Tweeps tell ICPC

Blaq Jerzee ft. Gyakie – Right Here

2023 election: Bishop Oyedepo reveals what Nigeria needs as Peter Obi storms Shiloh

INEC raises concern over thousands of unclaimed PVCs in Anambra

Singer D’banj arrested, detained over alleged embezzlement of public fund

- Advertisement -
SpeedUp9ja

We influence 20 million users and we are number one News, Music, Entertainment and Political news website in Nigeria. best Music Trends, New music videos, Celebrity Gists and international news headlines

Categories

  • Entertainment
  • Bussiness

Quick Links

  • Advertise with us
  • Privacy Policy

Copyright © 2022 SpeedUp9ja. All right reserved

speedup9ja logo speedup9ja logo
Welcome Back!

Sign in to your account

Register Lost your password?