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Naira Redesign: Emefiele appears before Reps
  • January 31, 2023
  • Unity Times

Anietie Udobit,Abuja

The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, has honoured the invitation to appear before the House of Representatives adhoc committee on cashless policy today Tuesday 31 January. 

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The House had invited Emefiele and the chief executive officers of commercial banks to appear before it last week.

The House of Representatives during plenary last Thursday had threatened to invoke the relevant sections of the law to issue a warrant of arrest on the governor amid its insistence that the CBN should extend the use of old naira notes of N200, N500 and N1000 by 6 months.

The CBN Governor however, on Sunday had announced the extension of the January 31 deadline for the old notes to February 10, 2023.

Emefiele, who appeared with some of his assistants, went into a brief Executive session with members of the committee.

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