Connect with us

2023 Election

CBN Won’t Be Used To Disrupt Elections – Emiefele To INEC Chairman

 

CBN Keeps Mum On Supreme Court Order On Naira Redesign

The 2023 general election will not be disrupted by the Central Bank of Nigeria (CBN), the Governor of the apex bank, Godwin Emiefele has declared.

Naija News reports that the CBN boss at a meeting with the Chairman of the Independent National Electoral Commission (INEC) Prof Mahmood Yakubu and other 11 National Commissioners, pledged that the bank won’t be the cause of any hitches to the coming polls.

He said “The CBN will not allow itself to be used as agents to frustrate the fourth coming election which is a positive assignment.

“If you require cash to pay some of your service providers, we will make it available to you. We will not allow ourselves to be seen as agents that frustrate a genuine assignment.”

His submission follows the request by the INEC boss for the apex bank to make available every cash needed to pay logistics for the success of the elections.

The INEC chairman told the CBN governor the 2023 polls will be the best in Nigeria’s history, but then concerns have however been raised about the processes leading to the elections.


Get New DJ Mixes

Yakubu submitted that while the commission has transferred all its accounts at the state and national level to the apex bank, some of the services being rendered to the commission need to be paid for in cash.