The Central Bank of Nigeria (CBN), on Wednesday, December 21, said that its governor, Godwin Emefiele, will not appear before the house of representatives on Thursday, December 22.
The apex bank said that Emefiele is currently ill and would not appear before the lawmakers in person.
Emefiele will be represented by the deputy governor, financial system stability, CBN, Aisha Ahmad.
This was made known in a letter sent to the house by the deputy governor, corporate services, CBN, Edward Adamu, on Wednesday, December 21.
After the speaker of the house of assembly, Femi Gbajabiamila, read out Amadu’s letter to members in the middle of Wednesday’s plenary, the lawmakers resolved to accept Emefiele’s representative, The Punch reports.
Recall that the house, last week, summoned Emefiele to explain the latest policy by CBN which, among others, set limits to cash withdrawals at the Deposit Money Banks (DMBs) and other financial institutions.
However, Emefiele, for the second time, failed to appear before the house on Tuesday.
Amidst protests and condemnation, the lawmakers rescheduled his appearance for Thursday, insisting on suspension of the cash withdrawal limits set by the apex bank.
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