The House of Representatives is urging the Central Bank of Nigeria to designate banks to handle the payment of school fees for Nigerians Studying Abroad.
This is in a bid to address the scarcity of foreign exchange and its effect on the foreign transactions.
This resolution came by the way of a motion sponsored by House of Rep Member, Musa Adar and supported by 76 Lawmakers.
The Central Bank is expected to collate a comprehensive data bank of all Nigerians Studying Abroad so that the required Foreign Currency can be released to their parents at CBN rate.
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