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VEO News > Blog > News > CBN writes Reps; claims Emefiele will be represented
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CBN writes Reps; claims Emefiele will be represented

Ayo Ayedun
Last updated: 2022/12/21 at 3:06 PM
Ayo Ayedun Published December 21, 2022
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Governor of the Central Bank of Nigeria, Godwin Emefiele, will not appear before the House of Representatives on Thursday.

The apex bank however said Emefiele will be represented by the Deputy Governor, Financial System Stability, CBN, Aisha Ahmad.

The latest letter to the House from the Deputy Governor, Corporate Services, CBN, Edward Adamu, noted that the CBN boss is ill and would not appear before the lawmakers in person.

After Speaker of the House, Femi Gbajabiamila, read out Amadu’s letter to members in the middle of today’s plenary, the lawmakers resolved to accept Emefiele’s representation.

The House had summoned Emefiele to explain the latest policy by the CBN which, among others, set limits to cash withdrawals at the Deposit Money Banks and other financial institutions.

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