Friday, 7 October 2016

House Of Reps Speaks On ATM Charges

Image result for Nigerians at an ATM 

Speaking on the motion which was supported by most lawmakers in the house

    The House of Representatives, on Thursday mandated its committee on banking and currency to investigate the illegal and indiscriminate automated teller machines charges by commercial banks in the country. 

    The House of Representative observed that the banks are not complying with the directive of the Central Bank of Nigeria on ATM withdrawals. 

    The lawmakers in the house also wondered why banks are not being penalized and sanctioned for these illegal practices. 

However, the committee is expected to report back to House in four weeks.

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