Gbajabiamila threatens to order arrest of Emefiele over Naira redesign

Our reporter/ The speaker of the house of representatives, Femi Gbajabiamila, on Thursday threatened to issue a warrant of arrest on Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), and managing directors of banks if they fail to honour the summon of the house.

Gbajabiamila made the threat at plenary over failure of the apex bank to appear before the house ad hoc committee.

The house had on Tuesday set up an ad hoc committee chaired by Alhassan Doguwa, majority leader of the house to meet managing directors of banks and CBN over the deadline for the withdrawal of old naira notes from circulation.

The meeting with the CBN was scheduled to take place on Wednesday at the national assembly.

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But the apex bank wrote to the committee requesting that the meeting be shifted to Thursday because the invitation letter was received late on Tuesday.

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