The speaker of the house of representatives Femi Gbajabiamila has met with President Muhammadu Buhari to discuss the controversies surrounding the new cash withdrawal limit policy introduced by the Central Bank of Nigeria and the Implementation of the Cashless Policy.
The house of representatives had locked horns with the leadership of the apex bank and ordered it to halt the implementation of the new policy, but it appears the CBN governor called the bluff of the lawmakers and also shunned several invitations to appear and explain the intention behind the new monetary policy.
The Speaker also said allegations made by Honourable Gudaji Kazaure from Jigawa State against the governor of the CBN on allegations of misappropriating 89 trillion naira stamp duty fund have nothing to do with the house of representatives.
Meanwhile earlier on Tuesday at the plenary of the House of Representatives, the Central Bank Governor, Godwin Emefiele, again failed to appear before members of the House of Representatives.
In another letter sent to the House and read by Speaker Femi Gbajabiamila, the CBN Governor informed the parliament he was still not back in Nigeria and so, could not honour its invitation.
The latest cashless policy of the Central Bank of Nigeria remains a topical issue among the citizens.
While some stakeholders applaud the policy as a step in the right direction, many others have critiqued the initiative as insensitive to the common man.
As Representatives of the people, many of the legislators here belong to the second school of thought.
This explained the rationale behind a motion for the suspension of the policy a fortnight ago, until the CBN Governor comes before the House to address grey areas.
Godwin Emefiele was billed to be on the floor of the House last Thursday but he wrote to inform the lawmakers he was on an official trip with President Muhammadu Buhari.
He assured the House of his availability this Tuesday.
But at Tuesday’s plenary, another letter indicating he was still outside the country, was read by the Speaker.
He is now slated to appear before the House of Representatives on Thursday.
