Naira scarcity: CBN supplies banknotes, directs banks to open weekends for withdrawals
Godwin Emefiele, CBN governor

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has appeared before the Ad Hoc Committee of the House of Representatives looking into the new Naira notes.

The apex bank governor appeared before the committee on Tuesday after days of grandstanding between the him and the House.

Last week, the committee was enraged after Emefiele shunned invitations of the House despite the threats of arrest warrants by the lawmakers.

On Thursday, the Chairman of the Ad Hoc Committee, Alhassan Doguwa (APC, Kano), said the committee is giving Mr Emefiele the last chance to appear or risks arrest.

However, on Sunday, the CBN governor announced the extension of the deadline by 10 days.

 

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1 COMMENT

  1. AFTER AN ABSURD UNECCESSARY GRANDSTANDING!

    One would have thought he is above the law. Emefiele has plunged Nigeria into an avoidable economic crisis.

    HE HAVE DEFIED THE LEGISLATURE AND DISCOVERED HOW IT GOES

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