Fri. Dec 9th, 2022

HOUSE OF REPRESENTATIVES SUMMONS CBN GOVERNOR OVER NEW CASH WITHDRAWAL POLICY.

A file photo of Speaker of the House of Representatives, Femi Gbajabiamila.

The House of Representatives has summoned the Central Bank of Nigeria, CBN Governor Godwin Emefiele over the apex bank’s new policy on cash withdrawals.

The recent move comes hours after the Senate raised concerned over the new CBN directive.

The Lawmakers also ordered the suspension of cash withdrawal limits by the apex bank following a resolution during plenary yesterday.

The House through a resolution invited Mr. Emefiele to appear before it on Thursday next week at eleven o’clock in the morning to shed light on the newly proposed Naira redesign and withdrawal limit policy.

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