CBN Should Mandate That All Dorm Accounts Be Closed For The Next 12 Months – Jide Obanikoro

Jide Obanikoro the honorable member representing Eti-Osa Federal Constituency at the House of Representatives Abuja has shared that the apex bank of the country CBN should mandate that all domiciliary accounts be closed for the next 12 months in order to see how to help the naira.

The son of Musiliu Obanikoro shared via his social media platform that the domiciliary account should be closed as a way to regulate the falling of the naira. He noted that people cannot go to the western world and open a foreign currency account. The Naira has continued to depreciate over the last few years and has become a source of concern to citizens in the country. His opinion has however earned him a lot of backlash across social media with many stating that this is not the solution to the problem but would only add to the issues.
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