“Applications for medicals, school fees, BTA and PTA, and SMEs will continue to be processed through deposit money banks.”
He also requested that law enforcement agencies work with whistleblowers to solve crimes and retrieve stolen monies.
He said that there was a need to focus on the increasingly topical issue of debt management.
The bill was sponsored by Sen. Gobir Abdullahi (APC- Sokoto).
The Monetary Policy Committee had raised the MPR from 17.5 per cent to 18 per cent at its last meeting in March.
Mr Buhari’s request was contained in a letter addressed to Senate President Ahmad Lawan and read at the plenary on Wednesday.
CBN has announced the revocation of the licences of 132 microfinance banks, three finance companies and four primary mortgage banks across the country.
The president described the feat as a significant milestone for Nigeria’s economy and the downstream petroleum products market in the entire African region.
The upper chamber also called on the CBN to allocate $25 million to airlines operating in Nigeria at its fourth-nightly dollar auction.
But the CBN did not respond to the FOI request, prompting HEDA resource centre to pursue legal action to challenge the CBN’s denial.
