Gbajabiamila threatens to arrest Emefiele for shunning House committee

Date:

Share post:

The Speaker of the House of Representatives has threatened to order the arrest of Central Bank Governor, Godwin Emefiele to appear before the committee investigating the old naira notes withdrawal.

Gbajabiamila said this on Thursday after the Majority Leader of the House, Ado Doguwa informed him that Emefiele and others shunned the invitation to a meeting on Wednesday.

Responding to the statement, Gbajabiamila said he will not hesitate to order the Inspector General of Police, Akali Baba to issue an arrest warrant to compel Emefiele to appear before the committee.

Mr Gbajabiamila added that the House ought to adjourn today to prepare for the elections, however, they will stay back to resolve the currency swap crisis.

READ MORE: CBN increases interest rate to 17.5%

“I will, pursuant to the authority conferred by Section 89 (1)(d) of the Constitution of the Federal Republic of Nigeria and Order 19 (2)(1) of the Standing Orders of the House of Representatives, not hesitate to issue a warrant to the Inspector General of the Nigeria Police Force to compel the attendance of the CBN or Managing Directors who fail, refuse or neglect to respond to the summons by the House of Representatives,” he said.

He also stated that Emefiele’s deadline is not consistent with sector 20 of the CBN Act, noting that the banks are compelled to accept the old notes even after the expiration of the deadline.

It would be recalled that the Presidential candidate of the APC, Bola Tinubu, who is believed to be The Godfather of Gbajabiamila, also spoke against the policy on Thursday during a rally.

Tinubu alleged that the policy is targeted at his presidential ambition.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Police nab 40-year-old notorious Gangstar, recovers police rifles in Taraba

The Taraba State Police Command have arrested a notorious kidnapper and recovered a cache of arms, including a...

Eight arrested for alleged murder, burial of newborn in Maiduguri

Eight suspects have been arrested in connection with the alleged killing and secret burial of a newborn baby...

Nigerian Army gets first female spokesperson

The Nigerian Army has appointed Lieutenant Colonel Appolonia Anaele as its first-ever female spokesperson, marking a significant milestone...

Gov Zulum Empowered 150 Almajiri with vocational training and start up tools

Borno State Governor, Prof. Babagana Umara Zulum, has empowered 150 almajirai with startup tools and financial support following...