• Fri. Apr 26th, 2024

Emefiele Meets Reps Over Naira Notes Crisis

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has arrived at the House of Representatives to meet with the House Ad-hoc Committee working on the new currency policy.

The House had invited the CBN Governor  over the crisis caused by the new naira notes.

The committee headed by the House Leader, Alhassan Ado Doguwa, was set up to liase with the CBN and commercial banks on the implementation of the policy.

It had earlier invited Emefiele to speak on issue and called for extension of the January 31st deadline which would have expired today.

However, the CBN had already extended the period by 10 days to enable Nigerians deposit their old N1000, N500 and N200 notes.

The outcome of today’s meeting will determine whether or not the period will be extended or not.

RN