A new clearing policy for funds transferred to accounts among banks in the country might affect the smooth resumption of educational institutions across the country as the new academic calendar opens next week in most states in Nigeria. Saturday Vanguard investigation in the Federal Capital Territory reveals many of the parents and guardians who remitted their children and wards’ tuition and other fees through banks other than the banks where their own accounts are domiciled are likely going to have their dependants returned home if they try to resume with the others earlier than on Monday.
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