NIGERIAN lawmakers have warned that they would not tolerate any excuses if the country’s Central Bank Governor, Godwin Emefiele and his management team failed to appear before the House of Rep on Thursday.
This caution follows agitation by citizens over rejection of the old N200, N500 and N1,000 notes ahead of the January 31 deadline.
Emefiele and his management team are scheduled to appear before the lawmakers by 1:00p.m.
Briefing members of the House on the inability of the CBN management to attend the investigative hearing, Chairman, Ad-hoc Committee investigating the policy, Alhassan Ado-Doguwa, reiterated the need for a review of the policy.
He said that the the ‘unpopular’ policy had impacted negatively on businesses and well-being of Nigerians across the country, as well as payment for services, with rejection of old naira notes.
Ado-Doguwa noted that there was need to address issues around the cashless policy, which had adverse effects on the nation’s economy and Nigerians at large.
CBN had, on Tuesday, insisted that there was no going back on the stipulated deadline.