Nigeria List Withdrawal Guidelines For Government Accounts 

The Nigerian Financial Intelligence Unit is set to announce new guidelines on cash withdrawals from all government accounts on Thursday, January 5, 2023. <br />The Director and Chief Executive Officer, NFIU, Modibbo Tukur says because of the consistent devaluation of the naira and the introduction of a new naira policy, section one of the Money Laundering Prohibition Act is automatically activated. <br />Tukur further stated that most cash withdrawals from government accounts including payments for estacode are often more than the cash withdrawal limit provided by the Money Laundering Act. <br />He says this exposed innocent public servants to be liable to imprisonment.