Thursday, 6 October 2016

House of Representatives call for immediate sack of CBN Governor over FOREX policy

Members of the House of Repre­sentatives have called for the im­mediate removal of the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, over the continuous fall of the naira at the parallel market and his management of the foreign ex­change market (Forex)
The clamour for Enefiele’s removal by the legislators emanated from a debate in a motion titled: “Call for Investigation of the Central Bank of Nigeria’s Forex Policies” sponsored by Hon. Ali Isa.
In his contribution to the debate, Hon. Mojeed Alabi, expressed dismay that the CBN governor had failed to honour several invitations to appear before the House on some of the nation’s economic policies.