CENTRAL
BANK OF NIGERIA
The
Central Bank of Nigeria (CBN) wishes to clarify to the general public that it
has NOT stopped the allocation and sale of Foreign Exchange for purposes of
paying school fees and settlement of medical bills overseas. The Bank therefore
urges members of the public to disregard any contrary information in respect
thereof.
Despite
assurance from the CBN, some persons have continued to suggest that the Bank
had stopped the allocation of Foreign Exchange to Nigerians seeking to pay
school fees and medical bills overseas. The Bank urges members of the public to
discountenance such misinformation.
All
genuine users desiring to obtain foreign exchange for the above mentioned purpose
are hereby urged to freely approach their banks with their requests and
appropriate documentation.
Ibrahim
Mu’azu
Director,
Corporate Communications
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