House Of Reps Gives Godwin Emefiele 2 Days To Appear Over Cash Withdrawal Policy

by Oluwamuyiwa Oyedele

The House of Representatives has again given two days ultimatum to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to come and explain the new policy of cash withdrawal limit.

Recall that the House had via a motion at a plenary session penultimate week summoned Emefiele for explanations on the policy slated to take off January 9, 2023.

But the Governor was not available on that day to brief the House due to “other official engagements.”

He, however, wrote to the Speaker of the House, Mr. Femi Gbajabiamila, pledging to brief the lawmakers at “earliest time possible.”

In the letter dated December 13, 2022, by the Deputy Governor, Corporate Services, Edward Adamu and addressed to Gbajabiamila, Emefiele said he couldn’t be physically present to brief the lawmakers due to his trip to the United States of America with President Muhammadu Buhari.

Similarly, on Tuesday, Emefiele sent another letter to the Speaker, saying he would still not be available because he was still engaged with an official assignment outside the country.

Based on the development, the House resolved to re-invite the CBN governor on Thursday this week to brief the lawmakers.

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