The Speaker of the House of the Representatives, Femi Gbajabiamila is expected to publicly sign the warrant of arrest against the embattled Governor of Central Bank of Nigeria (CBN), Godwin Emefiele during Tuesday’s plenary,
Chairman, House Committee on Media and Public Affairs, Hon. Benjamin Kalu disclosed this during an exclusive interview with newsmen maintained that the House Leader, Hon. Alhassan Ado-Doguwa had a meeting with President Muhammadu Buhari during which he briefed him on the House resolution and the need for the CBN Governor to honour the House invitation on the new cash withdrawal limit and cash swap policy.
He also disclosed that the CBN Governor had at no time briefed the Parliament on any of the policies listed out since he assumed office, hence, it became necessary to compel him to brief the Parliament in line with Section 8 subsection 4 of the CBN Act.
“At the last sitting, there was a resolution by the House that the Speaker will sign warrant of arrest for the Inspector General of Police to compel the appearance of the CBN Governor if there’s no communication from CBN either directly by the CBN Governor or anybody designate to do that.
“As at close of work today, there is none of those communications, has been received. And since its ruling of the House, the speaker is bound to sign that warrant of arrest by tomorrow (Tuesday), unless there is any intervention between this night and tomorrow.
“The Leader of the House who’s the Chairman of this Ad-hoc Committee on change of naira notes, is also insisting that the extension by 10 days is not sufficient and has nothing to do with the the invitation. It is in line with the CBN Act that they should first comply with the invitation and convince the House on why they are amending the policy at this critical moment and why the House was not contacted this while.”
While responding to the question on whether the CBN Governor is mandated to appear before the House during Tuesday plenary, Hon. Kalu observed that the CBN Governor is expected to appear before the Ad-hoc Committee, noting that the Committee is an extension of the House in session.
“Since this CBN Governor came into place, in the 9th Assembly he has never had a periodic briefing on any of his activities. So. That is the position of the law.
“We can’t watch the situation as it is without invoking the provisions of the law and asking the respected Agency to comply with the law of the land,” Hon. Kalu stressed.
Recall that the Chairman of the Ad-hoc Committee is investigating the policy, Hon. Alhassan Ado-Doguwa had in a statement issued on Sunday, rejected the 10-day extension announced by the CBN.