CBN Governor to be represented in House of Reps, pleads ill health

It has been revealed that the Governor of the Central Bank of Nigeria(CBN), Godwin Emefiele, will not be  appearing before the House of Representatives on Thursday,December 22nd. 

Emefiele will be represented by the Deputy Governor, Financial System Stability, CBN, Aisha Ahmad.

This is contained in the latest letter the House received from the Deputy Governor, Corporate Services, CBN, Edward Adamu, which stated that Emefiele was ill and would not appear before the lawmakers in person.

For the second time, Emefiele failed to appear before the House on Tuesday,December 20th.

Despite protests and condemnation, the lawmakers rescheduled his appearance for Thursday, insisting on suspension of the cash withdrawal limits set by the apex bank on all citizens of Nigeria based on their level of operation; whether as an individual or a company.

The House had summoned Emefiele to explain the latest policy by the CBN which, among others, set limits to cash withdrawals at the Deposit Money Banks and other financial institutions.

After Gbajabiamila read out Amadu’s letter to members in the middle of Wednesday,December 21st, plenary, the lawmakers resolved to accept Emefiele’s representation.