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Emefiele Writes To Reps Over Withdrawal Limit

Godwin Emefiele, governor of the Central Bank, has failed once more to appear before the House of Representatives regarding the CBN’s cash withdrawal limit policy.

Goldennewsng reports that In a letter written by Edward Adamu, the Deputy Governor for Corporate Services, the CBN Governor stated that he is currently abroad on an official assignment.

He stated that he would contact the House at a suitable time.

Unfortunately, the governor is unable to provide a briefing to the House of Representatives at this time due to other scheduled official engagements he is currently attending abroad.

“In light of this, he has requested that we respectively convey his inability to honor this invitation on the rescheduled date,” the statement reads.

The letter included the following: “The governor regrets this and will contact the House of Representatives as soon as he returns to the country from his official assignment.”

It should be noted that Mr. Emefiele’s absence from the country has resulted in the briefing being postponed twice by lawmakers.

The House Speaker, Femi Gbajabiamila, stated in response to the letter that the CBN governor must explain to the House why he spent two weeks abroad.

He insisted that the governor of the CBN either appear or send a deputy governor in his place.

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