Cash Policy: CBN Governor unable to appear before House of Reps

Gloria Essien, Abuja

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The governor of the Central Bank of Nigeria, Mr Godwin Emefiele has reported sick and would not be able to appear before the House of Representatives as scheduled for tomorrow Thursday December 22, 2022.

This was announced in a letter read in plenary by the Speaker, Hon Femi Gbajabiamila.

The letter noted that the CBN Governor was out of the country for official and medical purposes.

Regrettably,  the Governor is out of the country for official engagement as well as attending to some health challenges. He is therefore unavailable to attend the briefing,” the letter read.

The Speaker, Femi Gbajabiamila said that at this stage, the House had to rise above sentiments and accept the appearance of the team mandated to appear before it.

He noted that considering the ill health of Mr Emefiele, it was not fair to continue to insist on his physical appearance.

However,  House Members were divided in their reaction to the development.

The Deputy Speaker, Idris Wase said that delegation of duties was allowed.

“In the interest of our country, the CBN Governor is not alone. He spoke about health condition which we don’t have control over it,” Wase said.

For Abduramin Babajide, it would have made more sense if the governor came by himself.

He said that the CBN is an institution and the head of the institution should be allowed to send a representative.

Meanwhile, Tahir Monguno said that the House should not bother about the personality but the clarification to be gotten.

The House resolved that the Deputy Governor Finance System Stability, Aisha Ahmed and team of Governors would brief the House.

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