Reps threaten to issue warrant of arrest on Emefiele

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Abuja, Jan, 26, 2023 – The House of Representatives on Thursday threatened to issue a warrant of arrest on Godwin Emefiele, CBN Governor, if he fails to honour its invitation.

The House issued the threat following Emefiels’s refusal to honour its invitation to discuss issues on the deadline for depositing old notes.

The House, had on Tuesday, set up an ad-hoc committee to meet with the CBN and managing directors of banks on the scarcity of the redesigned naira notes and cashless policy.

The House also directed CBN to extend its deadline for depositing the old notes by six months.

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

A letter signed by CBN Deputy Governor, Corporate Services, said Emefiele would 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 the refusal of the CBN governor was not acceptable.

He said the bank must attend the meeting before the close of business on Thursday.

Gbajabiamila said his failure might force the House to issue a warrant of arrest asking the Inspector General of Police to compel the CBN Governor to honour the House’s invitation. (GBN)

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