Lawmaker Obanikoro To CBN: Close All Domiciliary Accounts For 12 Months To Save Naira

A House of Representatives member, Ibrahim Obanikoro, representing Eti-Osa Federal Constituency, Lagos State, has called on the Central Bank of Nigeria (CBN) to close all domiciliary accounts for the next 12 months.

Ibrahim B Obanikoro wrote:

“I am not the CBN Governor but at this moment, I’m of the opinion that CBN should mandate that all dorm accounts be closed for the next 12 months. Let’s see the effect on the Naira. After all you can’t go to any of the Western world and open a foreign currency account. Your opinion.”

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