Redesigned Naira Notes: Gbajabiamila threatens to issue arrest warrant on Emefiele, CBN Directors

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The Speaker of the House of Representatives, Femi Gbajabiamila has threatened to issue a warrant of arrest on the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and some bank directors over their collective refusal to honour an invite by the green chamber over scarcity of three newly designed naira notes.

The House had summoned the CBN governor and bank directors over the January 31, 2023 deadline for the validity of old N200, N500 and N1,000 notes but the bank chiefs refused to heed the invitation by the green chamber.

Gbajabiamila, in a statement on Thursday, said the bank chiefs, by shunning the invitation of the House, insulted the authority and prerogatives of the people’s parliament adding that This is unacceptable.

He said that the warrant to be issued would be against the CBN and bank directors but did not expressly mentioned Emefiele.

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