BREAKING: Emefiele Shuns Reps Again Over Redesigned Notes

Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has failed to appear before the House of Reps.

He shunned the invitation by the House of Representatives over the bank’s decision to stick to its January 31 deadline for the phasing out of the old naira notes.

Emefiele was expected to appear before the Adhoc Committee set up by the House to look into the matter by 1 pm on Thursday.

But the lawmakers led by the committee chairman, Hon Alhassan Ado-Doguwa, waited in vain for the CBN Governor in meeting room 301.

The outraged Ado-Doguwa said the CBN had written that Emefiele was out of the country with President Muhammadu Buhari.

He said the bank lied because President Buhari was in Katsina State.

He said there was no other issue more important to the CBN at the moment than its new cashless policy, which threatens the well-being of Nigerians.

He said the Committee was going to recommend to the House to go ahead with its position to invoke relevant sections of the law to issue a warrant of arrest on Emefiele.

The House during plenary presided over by Speaker Femi Gbajabiamila threatened to issue a warrant of arrest if he failed to turn up for the meeting to engage over the issue.

Doguwa said there was “a dark horse behind this agenda.”

At the moment of filing this report, the committee was meeting with the Chief Executive Officers of commercial banks over the same issue.

He said the engagement was to guide the House to take necessary decisions for the well-being of Nigerians.

Details Shortly…