New Naira Notes Scarcity: House of Reps May Issue Warrant Of Arrest On Emefiele

- Advertisement -

The House of Representatives may issue the warrant of arrest on the governor of the Central Bank of Nigeria, Godwin Emefiele for shunning the invitation for the second time.

 

Emefiele, once again failed to honour the invitation of the House of Representatives ad hoc committee which is investigating the scarcity of the new naira notes.

 

Chairman of the Committee, Ado Doguwa, berated the apex bank governor for disregarding the invitation for the second day and not even sending a representative.

- Advertisement -

 

According to him, the CBN had on Wednesday written to the committee stating that the initial 24-hour notice was too short and today wrote to inform the House that Emefiele has not returned to the country after travelling out of the country with President Muhammadu Buhari.

 

The committee chairman said the committee does not believe the excuse of the apex bank.

 

Hon. Doguwa said that the committee will recommend to the Speaker, Femi Gbajabiamila to proceed with the issuance of a warrant of arrest on the CBN governor.

 

Earlier, Gbajabiamila threatened to issue a warrant of arrest on Emefiele and some bank directors over their collective refusal to honour an invite by the green chamber over scarcity of three newly designed naira notes.

 

Gbajabiamila, in a statement on Thursday, said the bank chiefs, by shunning the invitation of the House, insulted the authority and prerogatives of the people’s parliament, adding that it is unacceptable.

- Advertisement -

Hot this week

2027 Elections: Attack NYSC Members And Face Full Wrath Of The Law, INEC Chairman Warns Politicians

The Chairman of the Independent National Electoral Commission (INEC),...

Oyo Pillar Of Sports Foundation Awards Vocational Scholarships To Four Youths

The Oyo Pillar of Sports Foundation has strengthened its...

Teslim Folarin Scores APC Reconciliation Committee 20% Amid Oyo Party Crisis

Former Senate Leader,  Teslim Folarin has scored the All...

INEC Urges Young Women To Reject Vote Buying, Misinformation Ahead Of 2027 Elections

The Independent National Electoral Commission (INEC) has urged young...

INEC October 24 Deadline: Pantami, Adebutu Get Crucial Lifeline Over Omission

The INEC October 24 deadline has given political parties...

Oyo State Budget Commissioner Resigns As Makinde’s Adviser Also Quits

The Oyo State Budget Commissioner has resigned from Governor...

FG Expands Access To Credit, Introduces SPARK USSD Code For Loans

The Federal Government has introduced the SPARK USSD code...

Sultan of Sokoto 20th Anniversary: Tinubu Pays Tribute To Sa’ad Abubakar III

President Bola Ahmed Tinubu has congratulated the Sultan of...

Oyo Pillar Of Sports Foundation Awards Vocational Scholarships To Four Youths

The Oyo Pillar of Sports Foundation has strengthened its...

Remembrance: Adebo Ogundoyin Supports Hundreds Of Widows, Widowers In 10 Ibarapa East Wards

Oyo State House of Assembly Speaker, Hon. Adebo Ogundoyin,...

2027 Elections: Attack NYSC Members And Face Full Wrath Of The Law, INEC Chairman Warns Politicians

The Chairman of the Independent National Electoral Commission (INEC),...

Related Articles