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No Nigerian Needs More Than N100K Cash Weekly — Reno Omokri

No Nigerian Needs More Than N100K Cash Weekly — Reno Omokri | Daily Report Nigeria

Former presidential aide, Reno Omokri has expressed support for the recently imposed cash withdrawal limit by the Central Bank of Nigeria.

Reno, reacting in a tweet to the criticism that has trailed the policy noted that there is no Nigerian that needs more than N100K cash weekly.

He added that other than paying for transport fares or buying groceries, everything can be done cashless.

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Recall that the CBN recently restricted the maximum cash withdrawal over-the-counter (OTC) by individuals and corporate organizations per week to N100,000 and N500,000, respectively.

He tweeted;

“There is no Nigerian that needs more than ?100k cash weekly. Other than paying bus conductor or buying groceries, everything can be done cashless.

“It is kidnappers, bandits and sexual bandits (urgent 2k girls) who are fighting this policy using political godfathers

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