The 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, Godwin Emefiele if he fails to appear before its committee to answer questions on the scarcity of new naira notes.
Gbajabiamila said instead of the House adjourning plenary till February 28 for the elections as planned, the lawmakers would reconvene on Tuesday to take action against Emefiele and other bank chiefs who fail to show up.
The House had set up an ad hoc committee to investigate the scarcity of the new naira at commercial banks, leading to tension over the January 31 deadline set by the CBN for the exchange of the old notes with the newly designed ones.
But after shunning previous summons, Gbajabiamila insisted that an arrest warrant would be issued If the CBN Governor and its directors failed to show up thursday.