DAILY TRUST
The absence of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), was not known by many until he failed to appear before the House of Representatives which summoned him over some policies of the apex bank.
Lawmakers of the lower chamber of the National Assembly had summoned the CBN governor over the cash withdrawal limit and redesigning of the naira.
The bank had redesigned N1,000, N500 and N200 bills, and fixed 31 January as the deadline for the old notes to cease to be legal tender.
The CBN had on 6 December announced a new policy limiting over-the-counter cash withdrawals by individuals and corporate entities to N100, 000 and N500, 000, respectively, per week.
Emefiele had failed to appear twice, drawing the ire of the legislators.
But in a letter, the Deputy Governor, Corporate Services, CBN, Edward Adamu, told the lawmakers that Emefiele was said to be ill and would not appear before them in person.
