After several invitations, the Central Bank Governor, Mr Godwin Emefiele on Tuesday appeared before the Ad-hoc Committee of the House of Representatives investigating the scarcity of the new naira notes across the country.
Emefiele at press time is currently at the National Assembly Complex.
Persecondnews had reported that the Speaker of the House of Representatives, Mr Femi Gbajabiamila, on Thursday last week threatened that he will not hesitate to ask the Inspector General of Police, Mr Usman Baba, to issue an arrest warrant on the governor to compel the CBN boss to appear before the House.
In November 2022, the apex bank had fixed the January 31, 2023 deadline for the mopping up of the old notes.
Following reported cases of scarcity of the new notes across the country had compelled the House to set up an ad hoc committee to resolve the difficulties between the CBN and commercial banks, despite the insistence of Emefiele that many of the banks were hoarding the notes.
Details shortly…..
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