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NANS Raises Alarm Over Scarcity of Forex For Nigerian Students Abroad


The National Association of Nigerian Students (NANS) is concerned that Nigerians studying abroad are being frustrated due to the scarcity of Form A to procure foreign exchange for their transactions.

 

The NANS National Vice President, External, Comrade Akinteye Afeez, therefore appealed to the Central Bank of Nigeria, to probe how commercial banks in the country are giving out the form for people to get forex.

 

Afeez noted that Nigerian students abroad were being exposed to embarrassment and suffering, and urged the apex bank to be more proactive in checkmating the activities of commercial banks in the abuse of the Form A option and the ridiculous rate of Forex.


He called on Nigerian students studying abroad to always speak out as soon as issues like that crop up.

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