• Home
    • Login
  • About Us
  • Latest
  • Register
Calabargistblog
Advertisement
  • Home
    • Login
  • About Us
  • Latest
  • Register
No Result
View All Result
  • Home
    • Login
  • About Us
  • Latest
  • Register
No Result
View All Result
Calabargistblog
No Result
View All Result
Home Latest

Naira Notes Swap: New Twist as House of Reps Rejects Deadline Extension, Threatens CBN Gov Emefiele’s Arrest

admin by admin
January 29, 2023
in Latest
0
Naira Notes Swap: New Twist as House of Reps Rejects Deadline Extension, Threatens CBN Gov Emefiele’s Arrest
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

  • The House of Representatives has said the CBN’s extension of the deadline for the naira notes swap was just a mere political gimmick to further deceive Nigerians
  • Alhassan Doguwa, the Majority Leader of the House of Reps made this known saying the Green Chamber is rejecting the extension
  • Doguwa said Emefiele must appear before the House or stand the risk of being arrested on the strength of legislative writs which will be signed by the Speaker soon

FCT, Abuja – The House of Representatives Ad hoc Committee has reportedly rejected the 10-day extension of the deadline for the naira notes swap by the Central Bank of Nigeria (CBN).

A report by The Punch indicates that the committee described the extension as a mere political gimmick to further deceive Nigerians and worsen their economic and social livelihood.

Read also

APC reacts to CBN’s extension of naira notes swap deadline, reveals who will benefit from it

CBN Governor Godwin Emefiele/Naira Notes Swap/House of Reps
House of Reps has threatened to issue a warrant of arrest on CBN governor Godwin Emefiele.
Photo credit: @GodwinIEmefiele
Source: Twitter

The CBN had earlier fixed January 31 as the deadline for the exchange of N200, N500 and N1000 old naira notes but extended the deadline on Sunday, January 29, to February 10.

Godwin Emefiele, the CBN governor, announced the extension on Sunday after meeting with President Muhammadu Buhari and securing his approval.

PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy!

Naira notes swap: House of Reps majority leader reacts

Reacting to the development, the Ad hoc Committee, chaired by the Majority Leader, House of Reps, Alhassan Doguwa, rejected the extension, insisting that the CBN must comply with sections 20 sub 3, 4, and 5 of the CBN Act.

“The 10-day extension for the exchange of the old naira notes is not the solution. We as a legislative committee with a constitutional mandate of the House, would only accept clear compliance with Section 20 Sub-section 3, 4, and 5 of the CBN Act and nothing more,” Doguwa said.

Read also

Revealed: Why President Buhari approved CBN’s request for extension of old Naira notes swap

Honour our invitation or face arrest, Doguwa tells Emefiele

Doguwwa said the House would go ahead to sign the arrest warrant to compel the CBN Governor to appear before the Ad hoc committee.

He added that the committee would continue its work until it gets the demands of Nigerians addressed in accordance with the laws of the land.

Doguwa reiterated that Emefiele must appear before the House or stand the risk of being arrested on the strength of legislative writs to be signed by the Speaker on Monday, January 30.

The lawmaker said the CBN policy was capable of frustrating the forthcoming general election.

APC reacts to CBN’s extension of naira notes swap deadline

In another report, the All Progressives Congress (APC) Presidential Campaign Council has commended the CBN for extending the deadline for the change of old N200, N500 and N1000 naira notes to the new ones.

Read also

BREAKING: CBN extends deadline for swapping of old to new naira notes, announces new date

A statement sent to calabargistblog.com.ng by Bayo Onanuga, a spokesperson of the campaign council, on Sunday, January 29, also hailed the CBN governor, Godwin Emefiele, “for listening to the voice of well-meaning Nigerians on the exigency of extending the deadline.”

The statement noted that many Nigerians had requested the extension of the January 31st deadline following the difficulties experienced in getting the new notes via ATMs and over-the-counter from Banks.

Source: calabargistblog.com.ng

Post Views: 17
Previous Post

VIDEO: Gt Da Guitarman – Coolu Down

Next Post

VIDEO PREMIERE: Yemi Alade – Taking Over Me ft. Phyno

admin

admin

Next Post
VIDEO PREMIERE: Yemi Alade – Taking Over Me ft. Phyno

VIDEO PREMIERE: Yemi Alade - Taking Over Me ft. Phyno

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BREAKING: Ex-Northern Governor, Supporters Officially Dump APC

BREAKING: Ex-Northern Governor, Supporters Officially Dump APC

January 24, 2023
Unical Student allowed to die in campus clinic because of 200 medical card

Unical Student allowed to die in campus clinic because of 200 medical card

January 28, 2023
Wike Endorsed Tinubu? Rivers Governor Approves Stadium for APC Presidential Rally Free of Charge

Wike Endorsed Tinubu? Rivers Governor Approves Stadium for APC Presidential Rally Free of Charge

February 9, 2023
Just In: After Losing Senatorial Election, Popular PDP Gov Orders Mass Promotion of Civil Servants

Just In: After Losing Senatorial Election, Popular PDP Gov Orders Mass Promotion of Civil Servants

March 9, 2023
Alex Ekubo in yet another relationship drama

Alex Ekubo in yet another relationship drama

0
Moment Gov Ayade Removes His Eyeglasses After Seeing Naked Women With Dangling Bo*bs Perform Cultural Dance

Moment Gov Ayade Removes His Eyeglasses After Seeing Naked Women With Dangling Bo*bs Perform Cultural Dance

0
See How Alex Ekubo forced His Fiancee` to Have Sex with other Men.

See How Alex Ekubo forced His Fiancee` to Have Sex with other Men.

0
calabargistblog.com.ng Weekly Price Check: Lagos Trader Reacts as Bag of Egusi Sells for N220,000 in Popular Market

calabargistblog.com.ng Weekly Price Check: Lagos Trader Reacts as Bag of Egusi Sells for N220,000 in Popular Market

0
Nigeria’s Super Eagles lose to 118th-ranked Guinea Bissau; APC to appeal Osun guber ruling at Supreme Court

Nigeria’s Super Eagles lose to 118th-ranked Guinea Bissau; APC to appeal Osun guber ruling at Supreme Court

March 26, 2023
9ice – “Seku Seye” (Prod. by Tee-Y Mix) (Song)

9ice – “Seku Seye” (Prod. by Tee-Y Mix) (Song)

March 26, 2023
BREAKING: Lt General Oladipo Diya, Abacha’s Ex-Chief of Staff, Dies at 79

BREAKING: Lt General Oladipo Diya, Abacha’s Ex-Chief of Staff, Dies at 79

March 26, 2023
APC denies attempt to move polls, says Tinubu will win; Keep using old notes, Tinubu will change policy if elected – El-Rufai

Tinubu sounds alarm over opposition’s plan to halt Swearing-In Ceremony » YNaija

March 26, 2023

Recent News

Nigeria’s Super Eagles lose to 118th-ranked Guinea Bissau; APC to appeal Osun guber ruling at Supreme Court

Nigeria’s Super Eagles lose to 118th-ranked Guinea Bissau; APC to appeal Osun guber ruling at Supreme Court

March 26, 2023
9ice – “Seku Seye” (Prod. by Tee-Y Mix) (Song)

9ice – “Seku Seye” (Prod. by Tee-Y Mix) (Song)

March 26, 2023
BREAKING: Lt General Oladipo Diya, Abacha’s Ex-Chief of Staff, Dies at 79

BREAKING: Lt General Oladipo Diya, Abacha’s Ex-Chief of Staff, Dies at 79

March 26, 2023
APC denies attempt to move polls, says Tinubu will win; Keep using old notes, Tinubu will change policy if elected – El-Rufai

Tinubu sounds alarm over opposition’s plan to halt Swearing-In Ceremony » YNaija

March 26, 2023

Navigation

  • Home
  • About Us
  • Register
  • Login
  • Tech
  • Entertainment
  • Lifestyle
  • Review
Calabargistblog

We are your premium lifestyle blog for everything Calabar and the South-South region of the Country.

Follow Us

Recent News

Nigeria’s Super Eagles lose to 118th-ranked Guinea Bissau; APC to appeal Osun guber ruling at Supreme Court

Nigeria’s Super Eagles lose to 118th-ranked Guinea Bissau; APC to appeal Osun guber ruling at Supreme Court

March 26, 2023
9ice – “Seku Seye” (Prod. by Tee-Y Mix) (Song)

9ice – “Seku Seye” (Prod. by Tee-Y Mix) (Song)

March 26, 2023
  • Home
  • About Us
  • Latest
  • Register

© 2022 Calabargistblog | Designed with ❤️ By Fortmich

No Result
View All Result
  • Home
    • Login
  • About Us
  • Latest
  • Register

© 2022 Calabargistblog | Designed with ❤️ By Fortmich

Loading