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The position taken is that the CBN Governor must seek clearance from the President of Nigeria to go after the DSs. The matter is now being raised in the UK House of Lords and institutions abroad, showing interest in the independence of the CBN. Section 1 of the CBN Act states that the CBN is an independent body, with the only exception being in certain instances where clearance from the President is required. The CBN Governor mentioned that the cash withdrawal thresholds are not rigid and may be reviewed as needed.