In a bid to halt what it says are unjustified
charges, the House of Representatives has urged banks to immediately stop the
planned introduction of N100 monthly maintenance fee on ATM Cards.
The lawmakers also mandated its committee on Banking
and Currency to investigate all approved bank charges on all accounts and
compliance by banks and report back to the house.
The Governor of the Central Bank of Nigeria and
other relevant authorities are asked to urgently look into the issue.
The lawmakers say if this maintenance fee is
introduced, it will cause untold hardship on bank customers.
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