• Contact Us
  • About Us
Thursday, January 26, 2023
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
Home Breaking

House Of Representatives Speaker Threatens To Issue Warrant Of Arrest On Emefiele

metro by metro
January 26, 2023
in Breaking, News
0
Godwin Emefiele

Godwin Emefiele

0
SHARES
0
VIEWS

Speaker of the House of Representatives, Femi Gbajabiamila has threatened to issue a warrant of arrest on the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele.

This followed Emefiele’s refusal to appear before the House.

Read Also

US Announces Visa Ban On Nigerians Undermining Democracy

Confusion As FG Denies Increase In Pump Price Of Petrol, Fuel Scarcity Bites Harder 

FG Restructures Ministry Of Finance Incorporated, Appoints Former  Minister As Chairman

Section 89 gives the parliament power to issue a warrant of arrest on anybody who refuses to honour an invitation from them.

The House at plenary on Tuesday set up an ad-hoc committee to interface with the CBN and Managing Directors of Banks on the scarcity of the redesigned naira notes and cashless policy while asking the apex bank to extend the deadline for deposit of the old notes by six months.

Neither the Governor of the CBN nor his representative honoured the House invitation for a meeting by 3.00 pm on Wednesday, prompting another invite for Thursday.

A letter read on the floor of the House on Thursday by the Speaker and signed by CBN’s Deputy Governor, Corporate Services said Emefiele will not honour the invitation because he was part of President Buhari’s delegation to Dakar, Senegal.

Reacting to the letter from the apex bank, Gbajabiamila said though the CBN Governor was a personal friend, he and other members of the House have a constitutional duty to perform.

He said the refusal of the CBN Governor to honour the invitation or send a representative to the House was not acceptable, adding the bank must attend the meeting summoned by the House before the close of business on Thursday.
ALSO READ:‘You Are Welcome Back’, Buhari Receives Emefiele In Abuja, As Governor Keeps Mum On Outcome
He said if the bank fails to honour the invitation of the House to discuss a policy, which has caused serious hardship to Nigerians, he will be forced to invoke the provisions of the constitution to issue a warrant of arrest asking the Inspector General of Police to compel the CBN Governor to honour the House invitation.

Previous Post

US Announces Visa Ban On Nigerians Undermining Democracy

Next Post

Following Launch Of National Domestic Card, CBN Bans Dollar Charges On Domestic Operations 

Related Posts

U.S. Economy Grows In Third Qtr Reversing Six-Month Slump
News

US Announces Visa Ban On Nigerians Undermining Democracy

January 25, 2023
Confusion As FG Denies Increase In Pump Price Of Petrol, Fuel Scarcity Bites Harder 
Breaking

Confusion As FG Denies Increase In Pump Price Of Petrol, Fuel Scarcity Bites Harder 

January 21, 2023
Muhammadu Buhari
News

FG Restructures Ministry Of Finance Incorporated, Appoints Former  Minister As Chairman

January 20, 2023
News

‘You Are Welcome Back’, Buhari Receives Emefiele In Abuja, As Governor Keeps Mum On Outcome

January 19, 2023
Next Post
Following Launch Of National Domestic Card, CBN Bans Dollar Charges On Domestic Operations 

Following Launch Of National Domestic Card, CBN Bans Dollar Charges On Domestic Operations 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

NASS  Calls On NUC To Shut Down Universities, Others For General Elections

NASS  Calls On NUC To Shut Down Universities, Others For General Elections

January 26, 2023
Following Launch Of National Domestic Card, CBN Bans Dollar Charges On Domestic Operations 

Following Launch Of National Domestic Card, CBN Bans Dollar Charges On Domestic Operations 

January 26, 2023
Godwin Emefiele

House Of Representatives Speaker Threatens To Issue Warrant Of Arrest On Emefiele

January 26, 2023
ADVERTISEMENT
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version