Read Ben Murray-Bruce's reaction to CBN's ban of ATM use abroad

Senator Ben Murray Bruce has reacted to the

Central Bank of Nigeria's decision to ban

Nigerians from using their debit and credit cards

abroad. Reports about the planned ban came to

light few days ago when BBC quoted a source as

saying that the CBN will from January 1st 2016

stop foreign purchase via the use of credit or

debit card. The decision is reportedly part of the

government's effort to try to stem the flow of

foreign exchange out of the country.

The CBN has also reportedly written to various

commercial banks about this decision while some

banks have also notified their customers, saying

it is a temporary measure. Sen. Ben Murray-

Bruce however thinks this decision is not a wise

one. .