Emefiele Ill, To Be Represented Before House – CBN

The Central Bank of Nigeria (CBN) on Wednesday confirmed that the Governor of the apex bank will not appear before the House of Representatives on Thursday.

According to CBN, Emefiele will be represented before the lawmakers by the Deputy Governor of Financial System Stability (CBN), Aisha Ahmad.

The Deputy Governor of Corporate Services in CBN, Edward Adamu in a letter forwarded to the House of Representatives, said Emefiele is ill and would be represented in the House.

Emefiele’s failure to appear before the House of Representatives makes it the second time this week he would not appear before the lawmakers.

Recall that the CBN Governor on Tuesday failed to appear before the House.

The lawmakers who insisted on the suspension of the cash withdrawal limits set by the apex bank rescheduled Emefiele’s appearance for Thursday.

Lawmakers in the House had summoned Emefiele to explain the latest policy by the CBN.

Among the new policy of the apex bank is the limits to cash withdrawals at the Deposit Money Banks and other financial institutions which has stirred reaction across boards.

The Speaker of the House, Femi Gbajabiamila after reading Amadu’s letter on Wednesday, agreed that Emefiele should be supported by his deputy.